- Funded Since September 2018
- £21.50m
- Minimum Investment
- £10
- Public Statistics Page
- No
- Auto Invest
- Yes
- Secondary Market
- Yes
- Ring Fence
- Yes
- Wind Down Plan
- Yes
- Regulated
- Yes
What is Lendwise?
Lendwise is operated by Lendwise Ltd., headquatered in the United Kingdom. Lendwise 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 carries a Credit License from United Kingdom's Financial Conduct Authority (FCA).
Lendwise enables you to provide funding to individuals by investing in education loans. You can also apply for funding if you are an individual yourself.
What does Lendwise offer?
At Lendwise, you can make GBP-denominated investments starting from £10. You can also set up an auto-invest feature and buy and sell loans on a secondary market.
Lendwise separates investors’ funds from the platform company assets and has 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.
Lendwise Details
- Legal Company Name
- Lendwise Ltd.
- Business ID
- 10466048
- Main Currency
- British Pound Sterling (£)
- Headquarters Location
- United Kingdom
- Established Date
- November 2016
- Launch Date
- September 2018