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GP Bullhound advises LendInvest on £17m growth equity investment from Atomico

London, 14 March 2016 – GP Bullhound, the technology investment bank, acted as the exclusive financial advisor to LendInvest on a growth equity investment of £17m from Atomico.

LendInvest is the UK’s first and largest online marketplace for property lending and investing and has financed over £525m of mortgages since inception. It has funded over 2,100 properties and has never incurred any capital losses on the properties it has funded. LendInvest was launched in 2013 with the ambition to re-invent the mortgage sector, bridging marketplace technology to the offline property finance market.

With the completion of the minority investment from global growth equity investor Atomico, LendInvest will accelerate its expansion and continue its high growth trajectory, focusing on extending into the broader UK mortgage market.

“This is a significant milestone for LendInvest and we are excited to have found such a strong partner to support our expansion path”, commented Christian Faes, Co-founder and CEO. “GP Bullhound have done a fantastic job helping us navigate through this transaction and achieve a great result for everyone involved.”

Claudio Alvarez, Director at GP Bullhound commented: “LendInvest is the category leader in the P2P property marketplace sector with a strong and experienced management team. We are delighted to have brought on board an investor like Atomico, which alongside existing investor Beijing Kunlun Tech Co., allows the company to strengthen its leadership position.”

This represents the completion of GP Bullhound’s 27th transaction in the last twelve months and further highlights the firm’s commitment to working with category leaders in the Fintech sector, following on from previous successful transactions and investments in the area, including SlimPay, Smava, KnCMiner, Zuto, Treasury Intelligence Solutions, PayOne, Pozitron, and Klarna.

Enquiries
For enquiries please contact: Claudio Alvarez, Director, at claudio.alvarez@gpbullhound.com

About GP Bullhound
As dealmakers in technology, GP Bullhound provides independent strategic advice on mergers and acquisitions and private placements to entrepreneurs, companies and investors. By combining a true passion for innovation with great access to global buyers and capital across Europe, US and Asia, GP Bullhound has completed transactions with many category leaders including Avito, Delivery Hero, Fjord, King.com, Pingdom, Pozitron and Spotify. The firm was founded in London in 1999 and today also has offices in San Francisco, Stockholm, Berlin and Manchester. For more information, please visit www.gpbullhound.com or follow on Twitter @GPBullhound

About LendInvest
LendInvest is the UK’s first and largest online marketplace for property lending and investing, which spun out of Montella, the bridging finance lender, in summer 2013. LendInvest matches investors looking for attractive returns, with property entrepreneurs looking for short-term finance, and has originated over £525m of loans to buy and build over 2,100 properties. LendInvest is authorised and regulated by the FCA. www.lendinvest.com

About Atomico
Founded in 2006 by Niklas Zennström, a co-founder of Skype, Atomico has made over 50 investments over four continents, including Skype, Supercell, Rovio, Klarna, and The Climate Corporation, with an exclusive focus on the technology sector. Atomico maintains offices in London, Beijing, Tokyo, Sao Paulo and Istanbul. www.atomico.com