It was just 2 years ago that UK based peer to peer lending LendInvest launched in partnership with its sister firm Montello to provide short-term bridge loans. Today LendInvest claims the title of worlds largest P2P marketplace for mortgages having surpassed £300 million in loan originations.
“When we set up LendInvest we didn’t really know how it would be received,” stated CEO and co-founder Christian Faes. “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.”
Montello leveraged 7 years experience to launch LendInvest. Successful in its own right, Montello now operates under LendInvest as management recognized the power of combining the internet and finance and the potential of peer to peer loans.
“We are widely recognised as being part of the leading pack in this new industry, which is hugely exciting,” stated Faes.