Wirecard seeks new financing strategy as Moody’s downgrades firm to junk Compound Tops MakerDAO, Now Has the Most Value Staked...
UK based online real estate lender LendInvest has securitized $328mn of UK prime Buy-to-Let mortgage loans; Christian Faes, Co-Founder and...
While writing in AltFi LendInvest’s Executive Chairman Christian Faes said the UK government should follow what Australia has done to...
UK based online real estate lender LendInvest announced a $328mn securitization deal yesterday which is the second in the last...
The new industry association called Digital Finance Forum was founded by Christian Faes and Ian Thomas; it aims to bring...
The securitization includes £285 million of UK prime buy-to-let mortgage loans and was oversubscribed; Citi arranged the securitization who was...
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
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,...
The Financial Times has released their annual ranking of the fastest growing companies in Europe; the list features some household...
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