8 years ago
Landbay Secures £2.4 Million in Crowdfunding to Expand Buy-to-Let Mortgage Lending
Landbay, a UK-based buy-to-let mortgage lender, has closed a £2.4 million crowdfunding round on Seedrs
The company, which has raised approximately £7 million to date via the crowdfunding platform, intends to use the funds to continue to expand operations and launch new products.
ProblemFinancial Services
"Many people struggle to get mortgages, especially if they are buying a property for rental purposes. It can be difficult to access funds from traditional lenders."
Solution
"Landbay provides a peer-to-peer lending platform that connects investors with people who need buy-to-let mortgages. This allows people to access loans from a wider range of sources and makes it easier for landlords to finance their properties."