Sky News is reporting that UK fintech pioneer, LendInvest, is exploring an IPO on the London Stock Exchange some time later this year; they have reportedly hired Lazard, the investment bank, to advise on their options; the potential flotation could value the company at £500 million; LendInvest is a leader in online lending for real estate in the UK, having originated around £2 billion in loans since inception; they would be the second major fintech lender in the UK to go public after Funding Circle did so late last year. Source.
Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.