LendInvest Reflects on a Transformative Year in Business

A year of firsts for world’s leading online property marketplace.

London, 18 December 2015 – LendInvest, the leading online lender for short-term property finance, looks back at what’s been an extraordinary year for the fast-growing business.

Thanks to our broad and loyal broker network, LendInvest has…

• Surpassed record deal flow milestones. The company has now:
  • Lent £470 million to property entrepreneurs (of which c. £250 million lent this year)
  • Funded nearly 2,000 new or rebuilt homes (of which over 1,200 built this year)
  • Lent against properties worth over £750 million in total

• Entered development finance market with loans targeted at small-scale developers
  • The company will lend up to £7 million, and up to 65% GDV or 90% cost

• Secured over 10% market share of £3 billion UK bridging finance market

With investor awareness constantly growing, LendInvest has…

• Protected 0% capital loss record – no LendInvest investor has ever lost a penny

• Maintained market-leading average annual return of c. 7% or more

• Grew capital inflow across all investor groups – institutional and retail – quarter to quarter

Corporate highlights

• Reported a second year of record revenue and profit after only two years’ trading

• Secured a £22 million equity investment in the company in June – one of Europe’s largest ever Series A rounds

• Received the P2P industry’s first European credit rating in July

• Strengthened the management team with senior executives hires from RBS, Kensington Mortgages, CBRE, IG Group and Microsoft

• Expanded central London-based team from under 30 to over 70 full time employees – particularly rapid recruitment in underwriting, business development and technology teams

• Cemented its position as the world’s largest online marketplace for property by some margin

Christian Faes, Co-Founder & CEO of LendInvest, commented: “2015 has been a truly transformative year for LendInvest. In the last twelve months our team, which has grown phenomenally quickly, has made its mark across every target market of brokers, borrowers and investors.

“All our target customers are really starting to look at non-bank lending through realistic, serious eyes. Our solid lending and investment figures show a growing awareness and willingness by borrowers and brokers to detach from the banks and work with funding partners who make sense for them. Earlier this year too, our strong financial results demonstrated that peer-to-peer lending can be a profitable business model.

“With this year’s progress under our belts, I can’t wait to get back to business in the new year with our expanded team in our brand new offices. 2016 shows every sign of being an excellent year.”

— Ends —

Contact

Carmen Murray, PR Manager – [email protected] / 020 3451 9624 / 07713 110 624

For further information, please visit www.lendinvest.com and follow the company at @lendinvest.