Half Year 2023 Funding Circle Holdings PLC Earnings Call Transcript
Good morning and thank you for joining us for the Funding Circle Half Year 2023 Results. The first half has been a good solid half for Funding Circle. We have delivered performance in line with our expectations and demonstrated the resilience of the business and our attitude at responding to the changing economic environment. Our U.K. Loans business is profitable, our loan returns remain robust and attractive for our investors and we're making good progress on our strategic plan with growth in U.S. Loans and strong momentum in FlexiPay. We're continuing to do what we said we would in spite of the environment. I'm going to kick off with a quick business overview, I'll then pass to Oliver for the financial results and we'll finish by running through our medium-term plan with a particular focus on FlexiPay.
We are the U.K.'s leading SME finance platform with a material and growing presence in the U.S. To date, we've extended over GBP 16 billion in credit from over 140 institutional investors to over 140,000 businesses. For
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