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Skype founder invests in LendInvest


The founder of Skype has invested £17m in peer-to-peer lender LendInvest.

The investment was made by Atomico, a venture capital investment firm set up by Skype founder Niklas Zeenstrom.

This comes nine months after the lender secured a £22m investment from Beijing Kunlun Tech Co.

As part of the deal, Atomico partner Mattias Ljungman is joining the LendInvest board.

LendInvest says: “We often talk about how 2015 was a year of transformation for LendInvest. The next couple of years are going to be about scale. The scene is now set for some really exciting developments as we drive forward our mission to make mortgage lending a better consumer experience for everyone: borrowers and investors.

“We will be working closely with Mattias and the Atomico team to use this funding to accelerate our investment in people, ideas and technology development. We will bring to market more mortgage products that borrowers value, and extend our lead as the UK’s largest online marketplace for property lending and investing.

“It’s an exciting time ahead and we are hugely proud of everything our team has achieved so far. Everyone who works with us at LendInvest does so because they believe, like us, that technology innovation has a huge role to play in reinventing the mortgage industry (and the property market) for the better and for good.”


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LendInvest to begin lending in Scotland

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Santander raises LTV cap for flats

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Help to Buy reaches 150,000 completion mark

More than 150,000 people have bought houses under the Government’s Help to Buy scheme, according to the Government. The statement says that since the launch of the equity loan and mortgage guarantee schemes, 80 per cent of the completions, or 118,000, were made by first-time buyers. The average house price was £188,380, with the mortgage […]


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