Funding Circle Founder and Ex-CEO Launches New Payments Fintech

AltFi

Samir Desai, a co-founder and long term CEO of Funding Circle until the start of 2022, has raised a $30m round to launch a new fintech Super Payments. Desai, according to a repor t in Sky News, has backing from VCs including Accel, an investor in Funding Circle, and Local Globe, an early Facebook investor, as well as Union Ventures. Funding Circle was co-founded in 2010 by James Meekings , Andrew Mullinger and Desai, who is still a director of the business with a sizeable equity stake, as a peer-to-peer lender focused on the SME market.”