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Announced

National Australia Bank invested £200m in LendInvest.

Synopsis

National Australia Bank, one of Australia’s largest banks invested £200m ($241m) in LendInvest, the UK’s leading marketplace for property finance. LendInvest has now raised over £1.8bn ($2.2bn) of debt and equity from investors, making LendInvest one of the largest non-bank mortgage lenders in the country. James Versmissen, Associate Director at National Australian Bank, said: “NAB is delighted to work together with LendInvest and play a role in achieving its growth plans. This new warehouse facility underlines NAB’s commitment and capability to support lenders that shape the mortgage market of tomorrow.”

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