LendingPoint has closed two securitizations, one composed of direct to consumer loans and the other of point of sale loans;...
George Popescu is the founder of LendingTimes, a publication dedicated to the online lending industry; he also serves as CEO of Lampix, an augmented reality company that offers a product creating 'smart surfaces'; the company announced it had crossed $4.5 million in funding through an ICO in minutes. Source
The new industry association called Digital Finance Forum was founded by Christian Faes and Ian Thomas; it aims to bring...
UK based online real estate lender LendInvest has securitized $328mn of UK prime Buy-to-Let mortgage loans; Christian Faes, Co-Founder and...
The securitization includes £285 million of UK prime buy-to-let mortgage loans and was oversubscribed; Citi arranged the securitization who was...
UK property lender, LendInvest, has completed a £285 million securitization of prime “buy-to-let” mortgages; it received a AAA rating for...
The platform grew 104% year over year; its investor base includes banks, pension and infrastructure funds, family offices and private clients; According to the company, LendInvest has the largest institutional funding base of any European Fintech lender on record; the platform offers loans made to professional property investors and developers. Source
Sky News is reporting that UK fintech pioneer, LendInvest, is exploring an IPO on the London Stock Exchange some time...
The bonds have a minimum investment of £2,000 and offer investors a 5.37% return per year until 2023; the offer will close at or before 12 pm on March 29th; Christian Faes, co-founder of LendInvest stated, “We are delighted to be coming back to the market so soon after the successful issue of our first oversubscribed bond in August 2017.” Source
LendInvest Co-Founder & CEO Christian Faes challenged the UK government to put more support behind small scale developers at the Conservative Party Conference; “There is a clear monopoly in the sector,” says Mr. Faes; to even the playing field LendInvest and others say more regulatory action can help to tip the scales in favor of property entrepreneurs. Source