This was a project with undeniable potential, and, due to its ‘from the ground up’ nature, a hugely exciting one.
Set to be a huge part in the future of Financial Services, peer-to-peer lending allows lenders and borrowers to enjoy substantially better returns and interest rates than they would get from traditional financial institutions.
As a result, the industry continues to see huge growth, with loan volume tipped to top £16 billion by 2020.
Starting from a Blank Page
Starting from a blank page, we designed and subsequently built the whole Lending Works platform – from loan applications through to lender returns and absolutely everything in between.
The outcome? We developed a platform that not only provides an amazing user experience, but is also powered by phenomenally intelligent systems, design and processes behind the scenes.
This is a platform that really has it all – smart algorithms, interest calculations, modular framework, and crucially – results. Since its launch through to April 2017 the site has boomed, with over 9,000 loans and total lending of over £55 million.
Loans as of Apr 2017
Lent through platform as of Apr 2017