UK peer-to-peer lending platform LandlordInvest has invited events to bid on the platform, highlighting that it’s Monetary Conduct Authority (FCA) regulated.
In a submit on LinkedIn this afternoon, co-founder Filip Karadaghi mentioned the agency was a “absolutely FCA authorised and controlled lending platform, holding a shopper credit score license in ‘working an digital system in relation to lending’, together with all IP.”
He added that the corporate can also be an HMRC authorised ISA supervisor.
LandlordInvest closed to new enterprise in October after the FCA ordered it to stop onboarding of recent enterprise and to instate an interim chief govt.
Learn extra: LandlordInvest moots wind-down
Highlighting the worth of the regulatory licences, Karadaghi’s newest submit mentioned: “We perceive that these licences are barely granted and are very tough, if not not possible, to acquire.
“It permits purchaser, topic to regulatory approvals, to alter the model identify, product(s) supplied and, operational and strategic route of the corporate.”
In a submit concerning the compelled wind down on the finish of October Karadaghi mentioned the regulator was “pushing us to wind down, for cause(s) unknown to us.”
He added that the agency would “do as a lot as potential to wind down ourselves as will probably be way more helpful than the regulator appointing directors.”
Karadaghi and the FCA have been approached for remark however had not replied at time of publication.
Learn extra: FCA apologises to Collateral traders with £650 payout