Christian Faes: LendInvest

November 20, 2018

In late 2008, as global financial markets crashed, our founders, Christian Faes and Ian Thomas, saw an opportunity to fill a critical gap in short-term property finance.

They set up a mortgage lending business (then called Montello Bridging Finance), which quickly became one of the leading short-term finance lenders in the UK.

By 2012, we had launched two regulated funds to finance our loans, and were managing £30m of investors’ capital. As demand  grew, we looked for ways to help our customers invest more efficiently.

In 2013, we brought the investment experience online – LendInvest was born. We launched our online investment platform, allowing our investors to build their own tailored portfolios of property-backed loan investments.

We then brought fintech’s first retail bond programme to the public markets, listing the first tranche of a £500m retail bond programme on the London Stock Exchange in August 2017.

Later that year, we launched into the buy-to-let market, with a product tailored to professional portfolio landlords, taking us into the longer-term and more mainstream mortgage market.

And in September 2018 we completed our Series C funding round, raising £30.5m from investors including Atomico, GP Bullhound and Tiger Management, and pushing our fundraising total well over £1bn.

We’re a well-capitalised, profitable business, delivering value as one of the fastest-growing fintechs in the country, and we’ve got the backing to continue investing in our technology and providing property finance that is fast, online and for all.

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