Lending Works sold to alternative investment manager

fredblogs

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Likes: 35

Lending Works sold to alternative investment manager Dec 18, 2020 22:07:12 GMT supernumerary and Ukmikk like this

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Post by fredblogs on Dec 18, 2020 22:07:12 GMT

You beat me by about 30 seconds to that link from 2 days ago. As usual LW hasn't bothered to inform the people who still have £68 million tied up in their little scheme. Hey but who cares? It's been a good crisis for us apparently, and we are in a better place than we were 12 months ago according to Nick Harding.

Last Edit: Dec 18, 2020 22:28:38 GMT by fredblogs

Penny Pincher

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Likes: 64

Lending Works sold to alternative investment manager Feb 26, 2021 23:30:57 GMT macq likes this

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Post by Penny Pincher on Feb 26, 2021 23:30:57 GMT

Dec 18, 2020 21:38:43 GMT tommycatz said:

Probably making way for this new starter..

www.p2pfinancenews.co.uk/2020/12/16/zopa-president-joins-lending-works-as-intriva-acquisition-completes/

According to Private Equity Wire that new starter has been given a mandate to create a new institutional funding division.

That sounds to me like the death knell for retail investors.

macq
Member of DD Central

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Lending Works sold to alternative investment manager Feb 27, 2021 12:48:28 GMT

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Post by macq on Feb 27, 2021 12:48:28 GMT

Feb 26, 2021 23:30:57 GMT Penny Pincher said:

Dec 18, 2020 21:38:43 GMT tommycatz said:

Probably making way for this new starter..

www.p2pfinancenews.co.uk/2020/12/16/zopa-president-joins-lending-works-as-intriva-acquisition-completes/

According to Private Equity Wire that new starter has been given a mandate to create a new institutional funding division.

That sounds to me like the death knell for retail investors.

Its interesting how much they have spent across the Two companies so it would seem they have faith in that market for the future