CircleBack Lending

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.

Name

CircleBack Lending

Legal name

CircleBack Lending Inc.

Website

https://circlebacklending.com

Company type

Private

Founded year

2012

Headcount range

51–100 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

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

• Peer-to-peer lending
• Consumer credit platform
• Fixed income assets
• Credit marketplace
• Consumer loan investing

Headquarters

HQ city

Boca Raton

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D

Core 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

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves4 records

Expansion highlights2 records

Broad 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

• Xx.com/circlebacklend
• Facebookfacebook.com/circlebacklend
• LinkedInlinkedin.com/company/circleback-lending2

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds4 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CircleBack Lending