ASSETZ Capital investors have earned more than £100m in interest to date, as the platform approaches its £1bn lending milestone.
Since the peer-to-peer business lender was founded in 2013, interest has been paid out to more than 37,000 investors, including institutions and retail investors.
Since the beginning of the year, almost £100m has been invested into the platform’s Innovative Finance ISA account, and the platform said it is on course to reach its £1bn lending milestone in the near future.
“Assetz was founded in the midst of the global financial crisis, with banks slashing interest rates to near zero and investors struggling to get fair returns, and the situation has remained bleak,” said Stuart Law, chief executive of Assetz Capital.
“Throughout this period, we’re proud to have gone from strength as a source of fair returns on people’s investments and this latest achievement is testament to the strength of our growing investment community, which spans retail investors and institutions alike.
“Our investment accounts are designed with investor’s needs in mind first and foremost; from automatically diversifying their investments through our quick access accounts, to giving them complete control with our manual lending accounts – all whilst giving them access to fair rates of return.
“We’re now looking forward to what 2020 may bring, and it’s already shaping up to be our biggest and best year to date as we rapidly head towards hitting £1bn lent to UK businesses. We are looking forward to our investors joining us on every step of the journey.”