Save & borrow without the bank
Just you, your friends & family
Save & Borrow in a way that's...
SOCIALSave & borrow with people who share a social bond with yourself. Find your circle of trust, whether it's where you live, where you work or around a shared interest.
FAIREarn a competitive rate on your hard-earned savings. Borrow at reasonable rates based on more than traditional narrow credit scores.
SECUREYour money is protected by the UK Financial Services Compensation Scheme or its European equivalent & the most advanced cryptographic technology.
10 Reasons to Sign-up
Imagine 'banking' without the bank, without bankers, just people like you. Your friends, colleagues, neighbours and local community. People you can trust, that you want to help and invest in.
How It Works
A money circle lets people with a social bond, save & borrow from each other -
a kind of credit union in the cloud, but without the usual costs and restrictions.
SEARCHSearch existing circles on criteria like where you live & work, members of your social networks, recommendation and external credit score.
JOINIf you like the look of a circle and you think you're eligible then simply apply to join. Otherwise, just set one up yourself.
SAVE/BORROWSecurely deposit money from your UK bank account to your circle & transfer back when you like. Get fast decisions on loans anytime.
Your Money is Protected
Unlike peer-to-peer lending services, your money will be protected by the UK Financial Services Compensation Scheme or its European equivalent . This is because (to begin with) all circles are underwritten by financially regulated institutions who are themselves regulated by the Bank of England Prudential Regulation Authority and the UK Financial Conduct Authority or their European equivalents.