11 April 2022

LendInvest assets under management now top £2bn

Written By FinTech Alliance in Alternative Finance

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

 

Up Next ...
21 November 2024

Nubank Explores Legal Domicile Shift to the UK Amid Regulatory Changes

The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms

21 November 2024

Machine Learning: Revolutionizing Fraud Detection in Banking

These technologies enable financial institutions to analyze vast amounts of transaction data in real-time, identify suspicious activities, and minimize false positives...

21 November 2024

MeaWallet Partners with Integrated Finance to Enhance Digital Wallet and Secure Card Data Access for Fintechs

The collaboration is set to strengthen digital wallet payments and secure card data access capabilities for fintechs

20 November 2024

Atome Financial Secures $200M Credit Facility to Drive Growth

Atome plans to use the funds to strengthen its technological capabilities and grow its market presence, particularly among underserved, young consumers...

More in Alternative Finance

London based FinTech kennek secures £10.2m 

10 October 2023

The alternative lending FinTech plans to use the Seed funding ...

Posted By The Community

How FinTech start-ups are driving the ethical finance revolution

06 April 2023

Does being ‘ethical’ mean having to compromise? Some fintech start-ups don’t think so.

Written By: Algbra

Posted By The Community

To greenfield or not to greenfield?

12 January 2022

How this ebook will inform your innovation strategyNew technology and ...

Written By: Marqeta

Posted By The Community

How to build a Super-app

10 January 2022

What is a Super-app? It’s an app that delivers multiple ...

Written By: OpenPayd

There are no Knowledge Bank in this category

There are no Events in this category