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Lending Works is the UK’s leading disrupter in providing of personal loans through partnerships. Using innovative technology, Lending Works enables partner firms to provide their customers with access to credit products quickly and simply, resulting in game-changing customer experience. Current partners include leading FinTechs, retailers and intermediaries including Revolut, Asda Money, Moneysupermarket, Clearscore, Experian and many others.
Founded with strong values, Lending Works is passionate about making people’s lives better by providing simple and fair financial products. Since launching in 2014, individual and institutional investors have lent almost £200m to 30,000 creditworthy people via the Lending Works platform. Lending Works forecasts to grow to £1bn of loans per annum by 2022. Equity investors in the business include VCs and credit fund managers.
We're proud to have been listed in the Sunday Times Tech 100, Deloitte Fast50 and won many customer experience awards, including Moneyfacts and Moneywise.
Lending Works is the UK’s leading disrupter in providing of personal loans through partnerships. Using innovative technology, Lending Works enables partner firms to provide their customers with access to credit products quickly and simply, resulting in game-changing customer experience. Current partners include leading FinTechs, retailers and intermediaries including Revolut, Asda Money, Moneysupermarket, Clearscore, Experian and many others.
Founded with strong values, Lending Works is passionate about making people’s lives better by providing simple and fair financial products. Since launching in 2014, individual and institutional investors have lent almost £200m to 30,000 creditworthy people via the Lending Works platform. Lending Works forecasts to grow to £1bn of loans per annum by 2022. Equity investors in the business include VCs and credit fund managers.
We're proud to have been listed in the Sunday Times Tech 100, Deloitte Fast50 and won many customer experience awards, including Moneyfacts and Moneywise.
Overview
Location
United Kingdom, England, London
Employees
51-200
Phone
+44 20 7096 8512
Total raised
$3.97M
Founded date
2012
Funding Rounds 1
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
Mentions in press and media 11
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Jan 29, 2019 | Lending Works Milestone: Surpasses £150 Million in Loans | Peer to peer lender Lending Works announced on Tuesday it has surpassed £150 million in successful loans to households and firms. The online lending platform reported it has so far helped more than 25,000 people to get a better value person... |
| Nov 19, 2018 | Deliveroo rides to victory, winning Deloitte’s UK Fast 50 for the second year in a row | Deliveroo rides to victory, winning Deloitte’s UK Fast 50 for the second year in a row 19-11-2018 Deloitte has announced the winners of the 2018 UK Technology Fast 50 awards. The awards recognise and rank the 50 fastest-growing technology c... |
| Mar 14, 2017 | Revolut users can now apply for credit in just a few minutes | Just a few weeks after N26 started offering credit in Germany, fintech startup Revolut is also launching a brand new credit feature for U.K. users. Behind the scenes, Revolut is working with Lending Works to provide those credit lines. Lend... |
| Jul 27, 2016 | Peer-To-Peer Lending Platform Lending Works Raises £3M in Series A Funding | Lending Works, a London, UK-based peer-to-peer lending platform, raised £3m in Series A funding. The round was led by NVM Private Equity (£2m) with participation from an existing institutional shareholder. The company intends to use the fun... |
| Jul 6, 2016 | Lending Works receives investment from NVM Private Equity | The business was founded by Nick Harding (CEO) in 2012 after identifying the opportunity to provide consumers with a safe and simple P2P proposition. The Lending Works platform allows lenders to receive higher returns than those available f... |
| Mar 16, 2015 | Peer-to-Peer Lending Works Set to Debut First Auto Income Tool For Flexible Money Management | Lending Works, a peer-to-peer lender that provides insurance against borrower default risk, is launching an Auto Income tool that allows lenders to draw down a regular income over the course of their lending term. Starting April 6th, Lendin... |
| Jan 19, 2015 | Former Morgan Stanley Executive & GLG Head joins Lending Works as Non-Executive Director | London-based peer-to-peer lender,Lending Works, is pleased to announce the appointment of Jason Mackay to the fast-growing peer-to-peer lending company’s Board as a Non-Executive Director. Mackay has extensive experience in global financial... |
| Jan 14, 2014 | After Raising £3.5M Pre-Launch, Lending Works Opens Its P2P Loans Business In UK | A new UK startup is giving P2P lending a go. Competing most directly with Zopa, and RateSetter, London-based Lending Works has opened for business this week, matching those that have savings to grow, with those that need to borrow money. Bu... |
| Lending Works | “Lending Works is a UK peer-to-peer lending platform that seamlessly connects investors with borrowers to get a better deal for both. Learn more.” |
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FAQ about Lending Works
When was Lending Works founded?
Lending Works was founded in 2012.
How much funding has Lending Works raised?
Lending Works has raised $3.97M in total across 1 funding round.
What has the press written about Lending Works?
Parsers VC has collected 11 articles mentioning Lending Works, among them “Lending Works Milestone: Surpasses £150 Million in Loans” (Jan 29, 2019) and “Deliveroo rides to victory, winning Deloitte’s UK Fast 50 for the second year in a row” (Nov 19, 2018).
Is Lending Works still active?
Yes, Lending Works is active; its latest activity on Parsers VC dates from Mar 29, 2020.