• FOUNDING YEAR: 2010
    LOCATION:
    United Kingdom
    REGION:
    Last Update:
    18 Oct, 2019
    Phone:
    +44 20 3142 6225

Description

FOCUS

PRODUCTS & SERVICES:
P2P lending
MAIN CLIENTS:
Retail investors, Retail borrowers, Businesses
EXISTING PARTNERSHIPS:
Giff Gaff, CommuterClub, CallCredit, Equifax, Ashurst, Price Bailey, European Pensions Management, London Colonial, Westerby Trustee Services Limited
COMMENT
Through the online platform, investors can nominate the amount they wish to invest, the interest rate they are ready to accept, and their request can then be matched to approved borrowers.

PEOPLE

FOUNDERS:
Rhydian Lewis, Peter Behrens
Board Members and Advisors:
Alan Hughes, Hugh Garmoyle, Mark Davies, Ian Boyce
NUMBER OF EMPLOYEES:
51-200
INVESTORS:
Clean Energy Finance Corporation
KEY EMPLOYEES:
Daniel Foggo (CEO)

TRACTION

VALUATION / MARKET CAP:
$2.6 MM in 2017
TRANSACTIONS COMMENT:
Processed $2.6 B in transactions in July 2017

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$25.1 Millions
DATE OF LAST FUNDING:
Sep 2017
TOTAL FUNDING COMMENT:
The company will use the new funds to run its green loan marketplace which will sanction loans to borrowers for the purchase of energy efficient products.
FUNDING SERIES:
SERIES A
$16.9 Millions Closed: May 2017
SERIES C
$8.2 Millions Closed: Sep 2017
LISTED:
NO
COMMENT:
$46.8 M Venture Funding in March 2015; $20 M Venture Funding in May 2017 from CEFC

LATEST RESEARCH