From L-R: Moderator: Robert Stafler, Fintex; Luke Townsend, Zorin Finance; Michael Lynn, Relendex; Mark Posniak, Octane; Dmitri Zaprzala, Octopus Property; John Goodall, Landbay
LendIt Europe has been a main event for the peer-to-peer(P2P) industry ever since 2014 and this year was no different. This year LendIt has also expanded their offering to cover all innovative financial services such as digital banks, robo-advisers, blockchain technology etc.
With over 1000+ FinTech professionals gathered to learn, discuss and network, it was a busy two days for the Relendex team that attended the conference. This year we had a stand, giving us the opportunity to introduce Relendex’s proposition to many of the attendees. From family offices to small European banks, there was plenty of interest shown across the board in Relendex’s P2P lending strategy.
Peer-to-peer Property Lending with Relendex
From L to R: Andrei Dikouchine (Finance Director), Michael Lynn (CEO) and Max Lehrain (COO)
Our CEO, Michael Lynn was invited to be a speaker on the panel PropTech: High Tech Lending or Old School Underwriting alongside other professionals from the likes of Landbay, Octopus Property, Zorin Finance and Octane Capital.
Some takeaways from the panel:
#LendItEurope @relendex we believe in oldschool always visit The property always meet The borrower #p2plending pic.twitter.com/xbYgcDAss3
— wiseclerk (@wiseclerk) October 10, 2017
The panel believe that there will be casualties & consolidation within the property lending industry. Just a question of when? #LendItEurope
— Relendex (@relendex) October 10, 2017
Valuation is not gospel. 70% LTV doesn't guarantee that there will be no losses. #property #lending #loans
— Relendex (@relendex) October 10, 2017
Interest rates will rise here in the UK is what all members of the panel believe. But slowly... #interest #rate #banking #LendItEurope
— Relendex (@relendex) October 10, 2017
In conclusion for property lending: PropTech is still less tech than #consumer & #sme lending. #p2plending #UKproperty #LendItEurope
— Relendex (@relendex) October 10, 2017
Videos of the presentations made at LendIt Europe 2017 will be available to view here.
