11 April 2022

LendInvest assets under management now top £2bn

Written By FinTech Alliance

LendInvest assets under management now top £2bn

The London-listed alternative lender has doubled its assets in just 30 months

In Brief:

LendInvest has increased assets under management to £2bn four times quicker than it took to hit the £1bn mark.

The company has seen its funds under management rise thanks to a number of high profile deals with banks and asset managers.

It listed in a long-awaited IPO on the London Stock Exchange in July last year.

What does this mean?

Executives say the growth fuelled by “strong demand” for its Buy-to-Let offering including EPiC “green mortgage products” had led to a 29 per cent uplift in Buy-to-Let applications.

Read more here

 

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