LendInvest celebrates its second anniversary today and the milestone that it has already lent over £300m to British property entrepreneurs and investors.
LendInvest was launched out of short-term bridging finance business Montello back in May 2013, and claims to have become the world’s largest peer-to-peer marketplace for mortgages.
Co-founder and CEO, Christian Faes, said: “When we set up LendInvest we didn’t really know how it would be received. However, it became clear pretty quickly that investors are looking for alternative investments, and LendInvest provides investors with a great return that is secured against property.
“LendInvest offers investors the ability to ‘invest in a mortgage’ and another way to gain exposure to the UK property market. This is understandably exciting and is being extremely well received by investors.
“LendInvest is now one of the largest P2P platforms in the UK, and one of the fastest growing platforms globally. We are widely recognised as being part of the leading pack in this new industry, which is hugely exciting.