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Lendwise

Rank #47
Review
Education Loans
Direct Marketplace Lending
Explore Lendwise
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

How is Lendwise regulated?

License Name License Key Regulatory Entity Country
Consumer Credit Provider 782496 Financial Conduct Authority (FCA) United Kingdom

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