London based provider of an online marketplace for property finance raised £200m from National Australia Bank.
This new funding expands LendInvest’s capacity to lend in the ‘Buy-to-Let’ market in the UK, as underscored by co-founder and CEO, Christian Faes: “We’ve now raised almost £2 billion in debt and equity for LendInvest, and in many respects we’re just getting started. We have dominated in the short term mortgage market for years, and we’re now bringing our technology and growing distribution footprint, to take market share in the longer-term mortgage market. Securing an additional £200 million of funding for our business from NAB is a great example of how the world’s leading financial institutions are partnering with the world’s leading Fintech businesses – and we’re proud to be announcing this partnership today between NAB and LendInvest.”