Tagged: landbay

Deloitte’s Fastest-Growing UK Tech Firms List Includes CrowdProperty, Landbay, Lendable, Lending Crowd, Lending Works, Revolut

Four peer to peer lending platforms were recently ranked among the United Kingdom’s fastest-growing tech firms. Big Four auditing company Deloitte’s UK Fast 50 list ranks tech companies based on their overall revenue growth over the last 4 years. As stated on the accounting firm’s… Read More

Digital Property Finance Platform Landbay Joins Network Panel of Commercial Finance Brokers UK

Landbay, a digital buy-to-let finance platform, has reportedly joined the network panel of Commercial Finance Brokers UK (CFBUK) so that its members are able to gain access to the lender’s buy-to-let products and services. CFBUK is recognized as a leading “whole of market” commercial finance… Read More

Digital Property Finance Platform Landbay Announces Partnership with UK Bank

Landbay. a digital buy-to-let finance platform, has announced a partnership with an unnamed UK bank. According to a note from Landbay, the deposit-taking bank will fund mortgages originated by Landbay and then hold them on their balance sheet. Landbay states that this arrangement complements its… Read More

UK’s Landbay, a Buy-to-Let Mortgage Lender, Explains that Automatic Valuation Models and Desktop Valuations Don’t Work Well for Specialized Lenders

UK-based Landbay, a buy-to-let mortgage lender that provides various borrowing opportunities, says that automatic valuation models (AVM) and desktop valuations used by major buy-to-let lenders during COVID-19 are not possible for more specialized lenders. A desktop valuation usually refers to valuations that are undertaken with… Read More

UK’s Landbay, a Buy-to-Let Mortgage Lender, Joins Lender Exchange to Enhance its Conveyancing Process

UK-based Landbay, a buy-to-let mortgage marketplace lender that provides various borrowing opportunities, has reportedly joined the Lender Exchange, in order to streamline its conveyancing process. Lender Exchange has been developed by Decision First. It aims to facilitate effective communication between lenders and solicitors. Lender Exchange’s… Read More

£7.4 Million in Equity Funding for P2P Platforms was Secured in 2019 on Seedrs, Meanwhile the P2P Industry Continues to Iterate and Change

Peer-to-peer lenders reportedly raised over £7 million (appr. $9.1 million) to fund the ongoing development of their platforms via crowdfunding in 2018. Overall, Fintech has been a hot sector of crowdfunding with many big names in the emerging financial services sector recognizing the benefits of… Read More

Landbay Exits P2P Lending as Institutional Money Takes Over

Yesterday in a blog post, Landbay founder and CEO John Goodall announced that his property crowdfunding platform will no longer serve as a peer to peer lender as institutional money has taken over. Landbay said that a UK bank will now handle the current retail… Read More

Landbay Says October Was Record Month

Fast-growing Fintech Landbay says October was a great month for the real estate peer to peer lending platform. Without providing any details, Landbay tweeted out the news. Earlier this year, Landbay reported that a “leading financial institution” had committed to funding £1 billion in buy… Read More

Seedrs Holds Inaugural Alumni Awards

Last night, Seedrs, a leading UK based investment crowdfunding platform, held its inaugural alumni awards in recognition of their growing number of successfully crowdfunded companies. Over the years Seedrs has supported more than 590 businesses raise much-needed growth capital. Simultaneously, the very public process has… Read More

P2P Property Lender Landbay Signs £1 Billion Funding Agreement

A “leading financial institution” has committed to funding £1 billion in buy to let mortgages originated on the Landbay platform, according to a post by CEO John Goodall. The company did not disclose the name of the institution. Landbay is also a member of the… Read More

Update: Landbay is Set to Close Latest Seedrs Funding Round After Securing More Than £1.6 Million

UK-based peer-to-peer lender Landbay is set to close its latest equity crowdfunding campaign on Seedrs later this evening with more than £1.6 million from nearly 285 investors. The funding round was launched last month and quickly secured its initial £1.25 million funding target. This is the seventh equity… Read More

Landbay Surpasses £1.4 Million Through Latest Seedrs Campaign & Announces Funding Round Closing Date

UK-based peer-to-peer lender Landbay announced on Thursday it is set to close its latest equity crowdfunding round on Seedrs next Tuesday (April 17th). The campaign quickly secured its initial £1.25 million and has successfully raised more than £1.4 million thanks to over 250 investors. As previously reported, Landbay was… Read More

Landbay Returns to Seedrs & Quickly Raises £1.2 Million in Funding

UK-based peer-to-peer lender Landbay has launched another equity crowdfunding campaign on Seedrs and quickly secured more than £1.2 million in funding. This news comes less than a month after the online lending platform announced it hit its £100 million in lending milestone. Landbay, which was founded in… Read More

Landbay Milestone: Hits £100 Million in Lending

UK-based peer-to-peer lender Landbay announced this week it has hit its £100 million in lending milestone. The online lending platform achieved its half-way point in lending this past September and revealed that since then momentum has accelerated to result in near-on double of lending volumes… Read More

UK P2PFA: Peer to Peer Lending Tops £3.1 Billion in 2017, Q4 Sees Considerable Growth as Borrowers Shift to Online Lending

The UK Peer to Peer Finance Association (P2PFA) has published aggregate fourth quarter data for of 2017 for its member platforms. The P2PFA shows that during 2017 £3,145,098,842 in peer to peer loans were facilitated. Cumulative lending transacted through P2PFA member platforms exceeded £8 billion…. Read More

Landbay Set to Offer Up to 25-Year Mortgage Terms Starting January 2018

Last week, peer-to-peer lender Landbay announced it will be offering up to 25-year mortgage terms starting in January 2018. The lending platform revealed in a blog post: “After listening to feedback from our network of specialist broker partners, and in light of our own industry knowledge… Read More

Landbay & Buy to Let Club Complete Lending to New Southgate Building in Less Than Two Months

Earlier this week, Landbay and Buy to Let Club completed lending to a new building in Southgate, a suburban area of north London, in under two months. The initial case was reportedly submitted on the broker portal by Buy to Let Club on August 24th. According to Mortgage… Read More

LandBay Announces Record-Breaking September & Five New Hires

Earlier this week, UK-based peer-to-peer lending platform Landbay announced its September saw a total of £6.31 million lent across 31 mortgages and it announced five new hires.  According to Financial Report, last month’s lending levels were higher than the previous two months combined.  Among the new… Read More

Landbay Completes Latest Seedrs Funding Round With More Than £2.4 Million in Funding

On Friday, UK-based peer-to-peer lending platform Landbay announced the completion of its latest crowdfunding round on Seedrs, which attracted a grand total of £2,440,266. Gray Stern, co-founder and chief commercial officer at Landbay, revealed to UKTN (formerly Tech City News): “This was a bridge round funded by… Read More

UK P2PFA: Peer to Peer Lending Rises in Q2

The UK Peer to Peer Finance Association (P2PFA) is out with their 2nd quarter aggregate numbers for their member platforms. Robert Pettigrew, Director of the P2PFA, commented on the release pointing to the quarter over quarter increase in lending; “Comparing the performance of P2PFA platforms… Read More

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