Following an extensive two-year approval process, we are delighted to announce that the Financial Conduct Authority (“FCA”) has granted Invest & Fund full regulatory authorisation. CEO and co-founder David Turner commented:
“It is a testament to the robustness of the business model and processes, along with tenacity of the team that has ensured we have reached this momentous milestone. The FCA has recognized the governance, policies and procedures the Board have put in place and embedded over the last two years.
We are the first platform focusing 100% on residential property development and bridging to be fully authorised. Following authorisation, we’re in an even better position to support developers and brokers at a time when the housing market needs new sources of investment and lenders are searching for better returns.”
Read more at http://www.altfi.com/article/3469_property_focused_p2p_lender_receives_full_authorisation
Please remember that lending places your capital at risk.
7th September 2017
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