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Payments General

National Australia Bank backs UK property finance platform LendInvest

Wednesday 14 August 2019 | 12:48 PM CET

National Australia Bank (NAB) has backed UK online property finance platform LendInvest with a GBP 200 million (EUR 215.8 million) investment.

LendInvest said the new funding from NAB expands LendInvest’s capacity to lend in the UK buy-to-let market, adding that it has now raised over GBP 1.8 billion of debt and equity from investors.

NAB joins a broad range of global financial institutions including banks such as HSBC, Citi Group and Nomura, investing in LendInvest.

More: Link
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