7 years ago

BLEND Network Secures £10 Million in Late-Seed Funding to Disrupt Property Lending

  • BLEND Network, a UK-based peer-to-peer property lending platform, has raised £10 million in a late-seed funding round

  • The oversubscribed round was supported by notable investors, including Cyrus Ardalan, the family office of Maurice Levy, and Jean-Phillipe Blochet

  • The funding will be used to expand the platform's deal underwriting and marketing efforts, as well as broaden and accelerate product development.

      • ProblemFinancial Services

      "Retail investors lack access to the same exclusive property investment deals as institutional investors, limiting their options for high-yield returns."

      Solution

      "BLEND Network offers a peer-to-peer lending platform that allows retail investors to co-invest in property-secured loans alongside high-net-worth individuals and institutions, democratizing access to previously exclusive deals and offering potential for double-digit returns."

      Covered on