Relendex Blog

London, England – Relendex Limited announces that it has concurrently completed the rights issue and a new round of financing from new investors. The proceeds will be used to allow further investments in new technology and services. The latest investment places the company at a £6 million post-money valuation on a fully diluted basis.

Michael Lynn, founder and CEO of Relendex reveals further FinTech development plans: We are constantly improving the platform functionality and the services we offer to our customers. Our focus is now on creating a Payment Gateway, AutoLending and the development of a Mobile App.

Since peer-to-peer is all about giving power to the people, it only made sense for us that those ‘people’ not be restricted to only those in the UK. We have always been open to international lenders albeit with a different due diligence process. But we want to make the process even more seamless for individuals living abroad who want to lend money with us.

As they say, good things come to those who wait. But now the wait is over!

P2P Real Estate Lending Marketplace Relendex Reaches Milestone with Full FCA Authorisation

We are delighted to announce the introduction of an automated secondary marketplace function on our website. You will now be able to buy and sell Loan Parts on our Resale Marketplace.