Landbay
A major contributor to this article appears to have a close connection with its subject. (June 2015) |
Company type | Private |
---|---|
Industry | Peer-to-peer lending |
Founded | 29 August 2013 |
Headquarters | |
Key people | John Goodall and Gray Stern |
Products | Residential buy-to-let mortgages P2P lending |
Services | Financial services |
Revenue | 16,869,260 Euro (2021) |
Number of employees | 125 (2021) |
Website | landbay |
Landbay is a company that facilitates peer-to-peer lending platform for residential buy-to-let mortgages.[1][2]
Company overview
Landbay runs an online peer-to-peer lending platform where investors can invest in the United Kingdom's buy-to-let mortgage market. The business model matches investors' funds to buy-to-let mortgages, thus all loans are secured by residential real estate. [3][4] When the company launched, both Landbay worked with both individual and institutional lenders, however in 2019 Landbay stopped allowing individual investors to use its services.[5][6]
As at February 2015 Landbay is the fastest growing peer-to-peer platform in the United Kingdom[7] and as of March 2015 the business was lending £2m per month.
The company was founded by John Goodall and Gray Stern.[8][9]
In March 2015 the business was named in the Everline Future 50 as one of the most disruptive startups in the UK.[10]
Landbay is a member of the P2P Finance Association.[11] Landbay is also a member of the Council of Mortgage Lenders.[citation needed]
Landbay is regulated by the FCA Financial Conduct Authority.[12]
References
- ^ "Landbay secures $2.35m", TechCrunch, by Mike Butcher, 3 December 2014
- ^ Mortgage Introducer, "Landbay appoints Robert Burgess", 26 February 2015
- ^ Mortgage Introducer, "Landbay appoints Robert Burgess", 26 February 2015
- ^ AltFi, "Landbay pushes for total transparency", by Ryan Weeks, 2 March 2015
- ^ Megaw, Nicholas (5 December 2019). "Peer-to-peer lending platform Landbay shuts doors to retail investors". The Financial Times.
- ^ Williams, Adam (5 December 2019). "Buy-to-let lender Landbay pulls the plug on its peer-to-peer platform". The Telegraph.
- ^ Altfi Data, Liberum AltFi Volume Index UK
- ^ "Landbay secures $2.35m", TechCrunch, by Mike Butcher, 3 December 2014
- ^ AltFi, "Landbay pushes for total transparency", by Ryan Weeks, 2 March 2015
- ^ Real Business, "50 of the most disruptive British businesses in 2015", by Hunter Ruthven, 5 March 2015
- ^ "Landbay secures $2.35m", TechCrunch, by Mike Butcher, 3 December 2014
- ^ "The Financial Services Register - Landbay Partners Limited". register.fca.org.uk. Retrieved 29 April 2019.