<
p>LendInvest has announced the agreement of a £22m investment in its business from Chinese technology firm Beijing Kunlun Tech Co.
The peer-to-peer platform has been self-funded in its growth and already built up a profitable business however LendInvest is confident this new move will be beneficial for the company.
Co-Founders Christian Faes and Ian Thomas said: “We have taken this investment in our company to continue our growth and to allow us to consolidate our position as the leading peer-to-peer marketplace for mortgages; and to ensure that we make LendInvest the best company for all our users.
“Above all, it will generally be business as usual for us here at LendInvest.
“We hope you are enjoying the platform, and will continue to enjoy the superior returns we work very hard to provide to our investors.”
According to Bloomberg, Beijing Kunlun Tech Co designs and develops web-based video games, and offers user registration and online gaming services.
LendInvest has announced the agreement of a £22m investment in its business from Chinese technology firm Beijing Kunlun Tech Co….
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