Tagged: christian faes

LendInvest Hires Former OneSavings Bank Executive

LendInvest, the leading online lender of commercial mortgages in the UK, has appointed Stephen Wilcke as a Senior Advisor.  Wilcke is the former Executive Chairman of OneSavings Bank – a FTSE 250 specialty lender.  According to LendInvest, Wilcke led OneSavings Bank on an extensive turnaround,… Read More

UK P2PFA Reports £715 Million in New Lending During Q1 2016

The UK Peer to Peer Funding Association has released its most recent quarterly numbers for the P2P lending industry. According to their tally, member platforms generated £715 million in Q1 of 2016 with quarter on quarter growth continuing its upward march. In the same quarter… Read More

LendInvest Receives £17 Million Series B Investment from Atomico

Commercial mortgage lender LendInvest has received a £17 million Series Be investment from Atomico, the venture capital firm created by Skype creator Niklas Zennerström. Mattias Ljungman, who formed Atomico with Zennström, will take a seat on the LendInvest board.  Since 2006, Ljungman has been involved… Read More

LendInvest Expands into Scotland

LendInvest is broadening the reach of its mortgage-based lending platform. The P2P lender has traditionally focused on London and the Southeast but now it is moving into Scotland. This expansion marks LendInvest’s first official presence outside London and is part of an intent to expand operations into… Read More

Mike Lobanov: “There will be no boundaries on P2P lenders to conquer the mortgage market”

Peer to peer (marketplace) lending is poised to supplant all types of debt markets. While many platforms have focused on the low hanging fruit of providing consumer credit, online lending will someday soon be the norm across many verticals.  In the UK, the mortgage market… Read More

LendInvest Appoints Ruth Pearson as First In-House Counsel

LendInvest, the leading online lender for short-term property finance, has appointed its first in-house legal counsel to the company’s expanding team. Ruth Pearson joins LendInvest from Simmons & Simmons where she was a Managing Associate in the Banking team. Pearson joined Simmons & Simmons as a… Read More

LendInvest’s Christian Faes Responds to the UK Government’s Housebuilding Plans

On Tuesday, CEO of LendInvest, Christian Faes, offered up his thoughts about the recent UK Government’s Housebuilding plans announcement. The commercial mortgage platform revealed more details about the plans: “In the 2015 Autumn Statement Chancellor George Osborne declared, ‘We choose to build’ and so at the… Read More

LendInvest Now Over £500 Million in P2P Property Loans

LendInvest Predicts it May Top £1 billion before Year’s End. Lendinvest has released that in the first few days of 2016 the platform topped £500 million in commercial property lending. According to the platform, today in the UK approximately 10% of all peer to peer… Read More

LendInvest to Close 2015 Having Lent £470 Million. Has Recorded No Capital Losses on its Loan Book.

Commercial mortgage lender LendInvest will close out 2015 having lent £250 million for the year bringing the total since the company was founded to £470 million. Founded in 2013, the peer to peer lender hailed 2015 as a “transformative” year. LendInvest stated that no investor… Read More

Buy-to-Let Index: LendInvest Shares Industry Trends

LendInvest, the world’s largest P2P mortgage platform, has published its UK Buy to Let (BTL) Index tracking the changes in yields, gains and trends. LendInvest is incorporating data since 2010 to help highlight perspective.  According to the company, there persists interesting differences within regional UK markets…. Read More

LendInvest Hires Former RBS Executive to Launch New Finance Product

LendInvest has appointed Steve Larkin to craft a new property finance product to target the sub £10 million development loan market, a sector of property finance currently under-served by traditional lenders.  LendInvest, the largest peer to peer property lender in the world, has sees a… Read More

LendInvest: We Have Helped to Add 1200 Properties to UK Housing Inventory in 2015

LendInvest, a peer to peer mortgage lender, states it has helped to add over 1200 properties to the UK housing stock since the beginning of 2015.  This is almost double the figure year prior.  LendInvest is now the 4th largest P2P lender in the UK…. Read More

Autumn Statement: “Sound Public Finances & Great Public Services? If You are Bold with Your Reforms You can Have Both”

Chancellor of the Exchequer George Osborne gave a rousing speech highlighting the government’s success and pinpointing areas for economic improvement today in his annual trip to Parliament. The Autumn Statement delivered by Osborne can certainly be viewed as a success once you compare the UK economy… Read More

Is There a Peer-to-Peer Lending Bubble in the UK?

Fintech is super-hot these days.  Finance is having its newspaper moment where all aspects of the industry are moving online.  The disruptive shift is global too as change is taking place in the Americas, Asia and across Europe. The UK is in many ways the… Read More

P2P Marketplace LendInvest To Launch London-Listed Fund

Peer-to-peer marketplace LendInvest will launch a listed fund, the first such vehicle to focus on property-backed P2P lending, according to the Financial Times. Depending on market conditions, the company plans to launch the fund in early 2016. LendInvest seeks to raise £150m for the float of the fund, listed in London,… Read More

LendInvest is Making Money. P2P Lender Reports 2nd Annual Profit as Revenue Jumps

LendInvest, a UK-based peer to peer lending platform that targets the mortgage market, has reported a profit of £3.1 million on revenue of £15 million for the year ending March 2015.  LendInvest reported a profit in 2014 of £1.2 million on revenue of £5 million…. Read More

LendInvest Appoints Matthew Tooth As First Head of Distribution

LendInvest, an online lender for bridging finance, has appointed Matthew Tooth as the company’s first Head of Distribution. The platform, which spun out of Montello, the short-term mortgage finance specialist, in 2013, has originated close to £400 million of loans for borrowers seeking finance deals… Read More

P2P Property Lender LendInvest Unveils “New Brand” Identity

On Wednesday, LendInvest revealed an entirely new visual identity, including a new logo and website. The rebranding highlights the key strengths of the company. The peer-to-peer lending platform started out in 2013 as an investment product for High Net Worth investors (initially with a minimum investment… Read More

LendInvest Receives SQ1 from ARC Ratings

Peer to peer lender LendInvest has received an SQ1 Servicer Quality rating with a stable outlook from ARC ratings. According to ARC the rating was based on the following criteria: General: The primary servicer rating reflects LendI General: nvest’s robust internal controls/systems, servicing experience in the… Read More

LendInvest Receives Investment from Beijing Kunlun. Gets £22 Million Boost

Leading peer to peer lending site LendInvest has received a £22 million investment from Chinese internet firm Beijing Kunlun. This is according to an article in the FT but was also referenced in a Board Meeting release from earlier this week. Christian Faes, co-founder and… Read More

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