Seedrs Says Andy Murray is Back in the Game with First Investments of 2018 in Two UK Fintechs


 

Fintechs Investly and Landbay have received the backing of British tennis champion Andy Murray, according to investment crowdfunding platform Seedrs. Murray has backed these two early-stage firms as part of his relationship with Seedrs, today investing with undisclosed amounts. The platform shares that Murray’s growth investment portfolio on Seedrs now exceeds 30 British businesses.

Jeff Kelisky, CEO at Seedrs, commented on Murray’s participation;

“We’re delighted to see Andy growing his early-stage investment portfolio on Seedrs. He is a great example of an investor who is thoughtful in diversifying across a number of sectors and stages. We look forward to supporting his investment strategy and seeing what he backs next.”

Landbay, is a Zoopla-backed mortgage marketplace lender. The online lending platform direct-matches retail and institutional investors’ money into UK buy-to-let mortgages using peer-to-peer technology. Landbay recently topped £100 million of mortgages funded to date. Over 25% of these were in the last 3 months demonstrating increasing velocity and demand.

Landbay first received backing from Andy Murray two years ago. This recent investment sees Murray exercising his preemptive rights in Landbay’s latest equity round.

Investly is a pan-European invoice financing platform, helping SMEs finance their 30-180 day invoices through an easy to use marketplace.

Seedrs explains that Investly’s target customers have to wait an average of 56.7 days to get paid by their customers directly. Investly provides a solution to this bottleneck by paying them in just hours. Businesses on-boarded from January 2017 have already grown their turnover at an average of 98% to date.

“I have long been interested in backing companies that offer tech solutions and both Investly and Landbay do that,” said Murray. “I can really see the value in Investly for small businesses – the early days of a business can be really tough so helping them with cash flow makes sense to me and will hopefully enable more small businesses to succeed. I am excited to be maintaining my shareholding in Landbay, as the company’s growth and achievements so far has been extremely impressive.”

Siim Maivel, founder and CEO of Investly, said his team was thrilled to have Murray join the roster of investors;

“Andy has built up an impressive portfolio on Seedrs over the last few of years and we’re delighted he has backed Investly.”

John Goodall, co-founder and CEO of Landbay, added that it’s a pleasure to have Murray onboard as a shareholder.

 

 

 


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