Post by CrowdProperty Representative on Jul 22, 2016 14:50:27 GMT
Dear all,
We would like to share some exciting news with you about CrowdProperty, which is the property specialist peer to peer lending platform.
First of all we are delighted to announce that we have appointed Mark Stephens to the role of Non-Executive Director.
Mark was Deputy Chief Executive and Group Commercial Director at Aldermore Bank, one of the leading challenger banks in the UK market, which also underwent a successful IPO in March 2015. Mark has over 35 years’ experience in the banking and property lending industry.
For Mark to join our team is testament to the journey we have been on so far, and a recognition of the opportunity that lies ahead. His experience of working in senior roles at global financial institutions will help us enormously as we manage the next phase of our growth. I am looking forward to Mark helping us make this business even more successful.
Mark Stephens, Non-Executive Director, CrowdProperty, said: "The growth of peer-to-peer lenders has been a welcome development in the UK’s financial services market and they offer an excellent and complementary alternative to conventional retail banks. I can’t wait to bring my experience in the banking world to the peer-to-peer market and CrowdProperty was the obvious choice from my perspective to realise this ambition."
Our second announcement is that CrowdProperty has broken through the £5m mark of funds raised from private individuals, with a 127% year to date increase in lending.
Out of the 15 projects successfully funded by the crowd so far, 4 of these have completed and already been paid back in full and on time.
Approximately 80% of the money returned to lenders has been re-lent to other projects.
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On behalf of Simon Zutshi
Founder & CEO CrowdProperty
We would like to share some exciting news with you about CrowdProperty, which is the property specialist peer to peer lending platform.
First of all we are delighted to announce that we have appointed Mark Stephens to the role of Non-Executive Director.
Mark was Deputy Chief Executive and Group Commercial Director at Aldermore Bank, one of the leading challenger banks in the UK market, which also underwent a successful IPO in March 2015. Mark has over 35 years’ experience in the banking and property lending industry.
For Mark to join our team is testament to the journey we have been on so far, and a recognition of the opportunity that lies ahead. His experience of working in senior roles at global financial institutions will help us enormously as we manage the next phase of our growth. I am looking forward to Mark helping us make this business even more successful.
Mark Stephens, Non-Executive Director, CrowdProperty, said: "The growth of peer-to-peer lenders has been a welcome development in the UK’s financial services market and they offer an excellent and complementary alternative to conventional retail banks. I can’t wait to bring my experience in the banking world to the peer-to-peer market and CrowdProperty was the obvious choice from my perspective to realise this ambition."
Our second announcement is that CrowdProperty has broken through the £5m mark of funds raised from private individuals, with a 127% year to date increase in lending.
Out of the 15 projects successfully funded by the crowd so far, 4 of these have completed and already been paid back in full and on time.
Approximately 80% of the money returned to lenders has been re-lent to other projects.
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On behalf of Simon Zutshi
Founder & CEO CrowdProperty
