Business overview
Location | London, United Kingdom |
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Social media | |
Website | landbay.co.uk |
Sectors | Finance & Payments Mixed Digital/Non-Digital Mixed B2B/B2C |
Company number | 08668507 |
Incorporation date | 29 Aug 2013 |
Idea
Introduction
This is a pre-emption round as we have received direct invest totalling c.£1.85m. Our business model remains the same - solely focussed on BTL and a marketplace Model (including Retail P2P). We will continue to stay focussed as we see a huge opportunity in the £240bn BTL Mortgage.
2018 was a major growth year for Landbay on Multiple metrics. Monthly lending from Jan 18 to Jan 19 grew by c 3x and annual revenue in 2018 was more than 4 x 2017*. In addition we were awarded BTL let of the Year in November 2018.
We still haven't experienced any defaults.
*source: audited accounts for 2017 and unaudited management accounts for 2018
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