LendingCrowd operates a peer-to-peer lending platform that allows retail and other investors to fund SME loans ranging from £20,000 to over £1 million. Launched in 2014 and led by CEO and co-founder Stuart Lunn, the platform is fully authorised by the Financial Conduct Authority and has launched an ISA product for investors. The company reports over 4,500 investors signed up to its platform. LendingCrowd has a partnership with Scottish Enterprise whereby its investment arm, the Scottish Investment Bank (SIB), has agreed to invest £2.75m in LendingCrowd loans. The company secured an external £2m funding round and will use the funds to ramp up sales and marketing to drive growth.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2018