The bonds have a minimum investment of £2,000 and offer investors a 5.37% return per year until 2023; the offer will close at or before 12 pm on March 29th; Christian Faes, co-founder of LendInvest stated, “We are delighted to be coming back to the market so soon after the successful issue of our first oversubscribed bond in August 2017.” Source
Sky News is reporting that UK fintech pioneer, LendInvest, is exploring an IPO on the London Stock Exchange some time...
Citigroup will provide funding for mortgages which will eventually be securitized and sold; the terms of the deal were not disclosed; LendInvest has continued to grow loan volumes with 2017 volume at 500 million pounds. Source
The new industry association called Digital Finance Forum was founded by Christian Faes and Ian Thomas; it aims to bring...
UK based online real estate lender LendInvest announced a $328mn securitization deal yesterday which is the second in the last...
AltFi asked four fintech executives about launching a company during a recession and three said entrepreneurs should move forward; the...
WhatsApp, Brazil Central Bank In Talks To Restore Payments Service Volcker Rule reforms expand options for raising VC funds CMG...
LendInvest Co-Founder & CEO Christian Faes challenged the UK government to put more support behind small scale developers at the Conservative Party Conference; “There is a clear monopoly in the sector,” says Mr. Faes; to even the playing field LendInvest and others say more regulatory action can help to tip the scales in favor of property entrepreneurs. Source
Marketplace lender LendInvest has launched a new auction finance product to more rapidly service its customers; the firm offers short term property financing; the auction financing product will service brokers and their clients who are seeking funding for properties bought from a real estate auction; the auction product will offer one to 12 month term loans ranging from 75,000 British pounds ($92,775) to 7.5 million British pounds ($9.28 million); LendInvest has originated over 800 million British pounds ($990 million) in loans over the last three years and also recently introduced a development exit product in October. Source
The Financial Times has released their annual ranking of the fastest growing companies in Europe; the list features some household...