Angus leads Strategy and Business Operations at Funding Circle US. This includes launching new products, international expansion and operational efficiency. Funding Circle is the global small business loans platform. Set up in 2010, investors have lent £5.6 billion to 56,000 businesses across the UK, US and Europe. Funding Circle loans are funded by a diverse array of investors including 85,000 individuals, institutional investors, local councils, and government organisations including the British Business Bank and the European Investment Bank. Prior to Funding Circle, Angus worked at Bain Strategy Consulting where he focused primarily on Financial Services strategy and Private Equity.
Sanders said that data science is not just used in credit modeling by Funding Circle but also in others areas of the business including marketing which is all transferable into new markets and geographies.
He added that Funding Circle’s IPO was “a very exciting milestone” and will enable it to deliver more, but he also said it is just another fundraise and “step on the journey”.
Sanders emphasised that Funding Circle is “still very much in growth phase” despite now having the IPO behind them.