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Loanpad

Rank #26
Review
Real Estate Loans
Direct Marketplace Lending
Explore Loanpad
Funded Since November 2018
£113.61m
Minimum Investment
£10
Auto Invest
Yes
Secondary Market
No
Ring Fence
Yes
Regulated
Yes

What is Loanpad?

Loanpad runs 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. Loanpad is managed by Loanpad Limited, headquatered in the United Kingdom. It carries a credit license from United Kingdom's Financial Conduct Authority (FCA).

Loanpad makes it possible to provide funding to real estate developers by investing in real estate loans. You can also apply for funding if you are a real estate developer.

What does Loanpad offer?

At Loanpad, you can make GBP-denominated investments starting from £10. You can also set up an auto-invest feature.

Loanpad 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 discloses statistics about its funded loans on a dedicated public page and shares its monthly funding volumes with P2PMarketData.

Who founded Loanpad?

Loanpad was founded in 2015 by Louis Schwartz. His professional background is mainly in law, and real estate. Louis has been, for instance, a Founder of HCLS — a law firm, and a Founder of iBridge — a lending business.

Loanpad Details

Legal Company Name
Loanpad Limited
Business ID
9479658
Main Currency
British Pound Sterling (£)
Headquarters Location
United Kingdom
Founded Date
March 2015
Launch Date
November 2018

How is Loanpad regulated?

License Name License Key Regulatory Entity Country
Consumer Credit Provider 741576 Financial Conduct Authority (FCA) United Kingdom

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