WhatsApp, Brazil Central Bank In Talks To Restore Payments Service Volcker Rule reforms expand options for raising VC funds CMG...
UK based online real estate lender LendInvest has securitized $328mn of UK prime Buy-to-Let mortgage loans; Christian Faes, Co-Founder and...
The securitization includes £285 million of UK prime buy-to-let mortgage loans and was oversubscribed; Citi arranged the securitization who was...
The platform grew 104% year over year; its investor base includes banks, pension and infrastructure funds, family offices and private clients; According to the company, LendInvest has the largest institutional funding base of any European Fintech lender on record; the platform offers loans made to professional property investors and developers. Source
If you look more broadly than marketplace lending and look at what is happening across the fintech world, you see large amounts...
The Financial Times has released their annual ranking of the fastest growing companies in Europe; the list features some household...
The new industry association called Digital Finance Forum was founded by Christian Faes and Ian Thomas; it aims to bring...
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
LendInvest's retail bond began trading on the London Stock Exchange (LSE) this week, with the offering raising GBP50 million ($65 million) and promoted as the first to be issued by a fintech company; the underlying assets in the bond portfolio include property loans issued by the LendInvest platform; Christian Faes, co-founder and CEO of LendInvest, said: "We launched the bond program to make our asset class available to retail investors through an LSE listed offering because it is a well-established, robust structure that offers customers considerable protections. However, whilst the bond was popular with retail investors, some of the city's largest institutional investors also made significant investments."; the retail bond is the first in a multi-year GBP500 million ($650 million) bond program for LendInvest. Source
Christian Faes, the CEO and Co-founder of UK property lender LendInvest, discusses tech, investment channels, the UK housing crisis, Brexit,...
