CircleBack Lending
CircleBack Lending is a private internet-based credit platform founded in 2012 that purchases fixed income assets backed by consumer credit products. Headquartered in Boca Raton, Florida, it raised approximately $22M across four funding rounds through 2015 led by Pine River Capital Management.
- Company typePrivate
- Founded2012
- HeadquartersBoca Raton, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What CircleBack Lending does
CircleBack Lending is a private, US-incorporated (CircleBack Lending Inc.) internet-based credit platform founded in 2012 and headquartered in Boca Raton, Florida. Per its firmographic description, the company's core function is purchasing fixed income assets that are backed by consumer credit products, placing it within the marketplace/peer-to-peer consumer credit and asset-backed securities ecosystem. The company is positioned as an intermediary that deploys capital to acquire consumer-credit-backed fixed income instruments, likely from originating lenders, and either services, securitizes, or resells those positions.
Across a roughly three-year capital-raising window the company closed four funding rounds totaling approximately $22.15M, beginning with a $250,000 seed in January 2012 and culminating in a $17.5M round led by Pine River Capital Management in July 2015. This funding cadence and the firmographic headcount band of 101-250 employees are consistent with a growth-stage platform that built underwriting, operations, and servicing capacity. No public information is available on management team, pricing, distribution channels, specific originators, or product-level economics.
The company's current operating status is uncertain. The primary corporate domain, CircleBackLending.com, is listed for sale on HugeDomains at an asking price of $8,695, which is a strong negative signal that the brand may be dormant, the business has wound down, or the company has rebranded and abandoned the domain. No funding activity, product launches, partnerships, or leadership changes have been recorded after July 2015. As a result, while CircleBack Lending Inc. remains a registered entity in the data, the absence of any post-2015 activity signals means the analytical baseline must treat the company as either dormant, in runoff, or operating under a successor identity.
CircleBack Lending firmographics
Firmographics- Name
- CircleBack Lending
- Legal name
- CircleBack Lending Inc.
- Website
- https://circlebacklending.com
- Company type
- Private
- Founded year
- 2012
- Headcount range
- 101–250 employees
- Short description
- CircleBack Lending is a private internet-based credit platform founded in 2012 that purchases fixed income assets backed by consumer credit products. Headquartered in Boca Raton, Florida, it raised approximately $22M across four funding rounds through 2015 led by Pine River Capital Management.
- Ownership category
- akta.pro rank
CircleBack Lending industry classification
Industry- Product category
- Peer-to-Peer Lending
- NAICS
- Nondepository Credit Intermediation (5222), Consumer Lending (522291)
- SIC
- Asset-Backed Securities (6189), Personal Credit Institutions (6141)
- akta.pro primary industry
- P2P Debt Consolidation & Refinancing (FSAKAHAB)
- akta.pro secondary industry
- Credit Marketplaces, Aggregators & Loan Routing (FSADAFAJ)
Keywords
Where CircleBack Lending is headquartered
LocationHeadquarters
- HQ city
- Boca Raton
- HQ country
- United States
- HQ region
- North America
Markets served
CircleBack Lending business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D
CircleBack Lending product offering
Product offeringCore offering
CircleBack Lending operates an internet-based credit platform that enables the purchase of fixed income assets backed by consumer credit products. The platform serves the peer-to-peer consumer lending market, providing a digital channel for acquiring securities collateralized by consumer loans.
Differentiator
Problem solved
Functional benefit
Products and services
- Consumer Credit Fixed Income Platform
Companies that use CircleBack Lending
Customer profileIdeal customer profiles1 record
CircleBack Lending technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
CircleBack Lending partnerships and signals
Strategic signalRecent moves4 records
Expansion highlights2 records
CircleBack Lending competitors and assessment
Company assessmentBroad incumbents
- SoFi: SoFi is a broader online financial services platform offering personal loans, student loan refinancing, and investment products. It overlaps with CircleBack's consumer credit and marketplace lending focus.
- OnDeck Capital: OnDeck provides online small business lending and has historically securitized its loan portfolios. It is comparable to CircleBack in the online credit platform and asset-backed securities space.
Direct peers
- Kiva: Kiva is a peer-to-peer lending nonprofit that facilitates crowdfunded loans. It operates in the same P2P lending space as CircleBack, though with a different target market and mission.
- Upstart: Upstart is an online lending platform that uses AI to underwrite consumer loans and securitizes them for investors. It is comparable to CircleBack's model of purchasing fixed income assets backed by consumer credit.
- Peerform: Peerform was a peer-to-peer lending platform focused on consumer debt consolidation loans. It was a direct competitor in the same P2P debt consolidation and refinancing space.
- Funding Circle: Funding Circle is a peer-to-peer lending platform that connects small businesses with investors. It represents a similar marketplace lending model to CircleBack, though focused on SMB rather than consumer credit.
- Prosper Marketplace: Prosper is a peer-to-peer lending platform that facilitates consumer loans funded by individual and institutional investors. It operates in the same online consumer credit marketplace space as CircleBack.
- LendingClub: LendingClub is a leading peer-to-peer lending platform that connects borrowers with investors for personal loans. It is a direct competitor to CircleBack Lending's online credit marketplace model.
Regional players
- Zopa: Zopa is a UK-based peer-to-peer lending platform offering personal loans and consumer credit products. It is comparable to CircleBack in business model but operates in a different geographic market.
Emerging players
- Earnest: Earnest is an online lending platform specializing in personal loans and student loan refinancing. It is comparable to CircleBack as a fintech lender in the consumer credit space.
Market position
Strengths2 records
Weaknesses4 records
Competitive moat2 records
Key risks5 records
Key highlights4 records
Customer concentration
CircleBack Lending social profiles
Digital presenceCircleBack Lending financial estimates
Financial estimateRevenue estimate
Valuation estimate
CircleBack Lending leadership team
Management profileNumber of profiles
CircleBack Lending funding detail
Funding detailFunding overview
Funding rounds4 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CircleBack Lending M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CircleBack Lending
What does CircleBack Lending do?
CircleBack Lending operates an internet-based credit platform that enables the purchase of fixed income assets backed by consumer credit products. The platform serves the peer-to-peer consumer lending market, providing a digital channel for acquiring securities collateralized by consumer loans.
Is CircleBack Lending a public or private company?
CircleBack Lending is a private company. It is classified as venture growth investor backed.
When was CircleBack Lending founded?
CircleBack Lending was founded in 2012. It employs 101 to 250 people.
Where is CircleBack Lending based?
CircleBack Lending is headquartered in Boca Raton, United States, in the North America region.
Who are CircleBack Lending's main competitors?
Broad incumbents on record are SoFi and OnDeck Capital. Direct peers are Kiva, Upstart, Peerform, Funding Circle, Prosper Marketplace and LendingClub. Zopa is listed as a regional player. Earnest is listed as an emerging player.
Does CircleBack Lending have an API?
No public API is recorded for CircleBack Lending.
What industry is CircleBack Lending in?
CircleBack Lending's product category is Peer-to-Peer Lending. Its primary akta.pro industry code is FSAKAHAB, P2P Debt Consolidation & Refinancing, with a secondary code of FSADAFAJ, Credit Marketplaces, Aggregators & Loan Routing. Its NAICS code is 5222 and its SIC code is 6189.