LendInvest moves into series B with $24m

Mar 14, 2016 • Robert Lavine

The property finance marketplace has followed funding from Kunlun in 2015 with an additional $24.3m from venture capital firm Atomico.

LendInvest, a UK-based online property finance marketplace backed by gaming and internet company Beijing Kunlun, received £17m ($24.3m) in equity funding from venture capital firm Atomico yesterday.

Founded in 2013, LendInvest operates a property finance platform that aims to bring the speed and efficiency associated with online lending to the mortgage market. It has so far lent about £560m to finance the purchase of some 2,100 properties in the UK.

The investment follows £22m of equity funding from Kunlun in…

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