- Funded Since June 2019
- €158.58m
- Minimum Investment
- €10
- Public Statistics Page
- No
- Auto Invest
- Yes
- Secondary Market
- No
- Ring Fence
- No
- Wind Down Plan
- No
- Regulated
- No
What is Lendermarket?
Lendermarket is managed by Lendermarket Limited, headquatered in Ireland. Lendermarket is a Direct Marketplace Lending platform, which means it operates the "traditional" or "pure" P2P lending model and serves as an online space where borrowers can apply for loans and investors can fund projects. It hasn't been licensed by a relevant supervisory authority.
Lendermarket gives you the chance to provide funding to individuals by investing in short-term personal loans. You can also apply for funding if you are an individual yourself.
What does Lendermarket offer?
At Lendermarket, you can make EUR-denominated investments starting from €10. You can also set up an auto-invest feature.
Lendermarket doesn’t separate investors’ funds from the platform company assets and doesn’t have a wind-down plan in place to ensure minimal damage in case the platform goes out of business. It doesn’t disclose statistics about its funded loans but shares its monthly funding volumes with P2PMarketData.
Lendermarket Details
- Legal Company Name
- Lendermarket Limited
- Business ID
- 585178
- Main Currency
- Euro (€)
- Headquarters Location
- Ireland
- Established Date
- June 2016
- Launch Date
- June 2019