VC-backed LendInvest secures £200M from National Australia Bank
August 14, 2019
LendInvest, the operator of a property finance platform, has received a £200 million credit facility from the National Australia Bank. The British company will use the new funds to help expand its capacity to lend in the UK's buy-to-let market, where it launched its first mortgage product in 2017. LendInvest has now raised more than £1.8 billion in debt and equity from backers including GP Bullhound, Tiger Management, Tech Nation and Atomico.