Small-business lending platform Funding Circle has become a Financial Health Network member of the Center for Financial Services Innovation.
Through research, advocacy, investment and partnerships with a network of like-minded providers across the financial services industry, the nonprofit CFSI has worked to improve the financial health of Americans, especially the underserved. The CFSI Financial Health Network is a community of more than 100 financial institutions, service providers, technology innovators, nonprofits and others who are committed to improving the financial health of Americans through marketplace innovations.
“Across the country, many still fall through the cracks of the financial system and as a result their financial health suffers,” Funding Circle said. “They face obstacles related to income volatility, financial planning, budgeting, access to affordable credit, and more, and while this is acute for individuals, small business owners are just as affected … At Funding Circle, we share CFSI’s vision for leveraging innovation to help to alleviate these systemic issues.”