MONEY&CO founder Nicola Horlick failed in her bid to become an MP at the general election but increased the vote share for the Liberal Democrats.
Horlick (pictured), dubbed ‘City superwoman’ for juggling a successful investment management career and family life, stood as the Liberal Democrat candidate in Chelsea & Fulham.
However, the seat was held by winner Conservative MP Greg Hands.
Read more: Money&Co forecasts profitability
Horlick did at least increase the Liberal Democrats’ share of the vote by 14.9 percentage points, overtaking Labour to take second place with 12,104 votes.
The platform said last night that whatever the result, its lending operations would remain.
“As the country goes to the voting booths, the continuation of platform lending here is one of the few certainties,” Money&Co said in a blog post.
“We’ll continue to bring individuals seeking a good return on capital together with carefully vetted small businesses seeking funds for growth.
“Platform lending can be a lucrative activity. The average yield achieved by our registered lenders over more than five years of loan facilitation on this platform is more than eigh per cent, before we deduct our one per cent charge.
“That return has handsomely outperformed retail price inflation, which has averaged around two per cent over this time.”