London, UK based P2B lending platform Credit Peers has received £45M from an undisclosed European investment firm. Credit Peers says: "Our mission is to make commercial property lending accessible for everyone. We enable private individuals to lend alongside institutional investors towards selected commercial property transactions and potentially benefit from advantageous".
Earlier this year Credit Peers launched its loan-based P2B platform offering property transactions to the public that were previously only available to institutions and banks. Credit Peers aims to significantly speed up the process of property financing compared to the traditional model. The Credit Peers team is passionately working to make property lending faster, more flexible and transparent. Romain Cohen, Chief Investment Officer at Credit Peers said: "We are thrilled to receive this credit line that should help us to accelerate the company into its next stage of growth." Torsten Hartmann, CEO, adds: "Being able to secure such a financing supports our ability to originate attractive opportunities for institutional investors and family offices."