Invest & Fund has joined peer-to-peer lenders such as RateSetter and CrowdProperty in achieving a five-star score from financial ratings platform Defaqto.
Defaqto reviews products annually and analyses market developments, conducts consumer research and holds discussions with the industry about the most important features and benefits to give products a rating out of five.
Property P2P lender Invest & Fund is one of eight platforms to have achieved five stars.
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“Being given a Defaqto five star rating further validates that our investment model offers lenders a fully featured, successful and independently verified product,” David Turner, chief executive of Invest & Fund, said.
“Our approach of employing a best in class credit underwriting model, backed by a strong focus on operational excellence and our culture of good governance underpin our day-to-day operations.
“We are focused on delivering excellent risk adjusted returns for our lenders by offering, via the platform, responsible loans to creditworthy borrowers.”
Defaqto’s other five-star rated platforms are Assetz Capital, CrowdProperty, Lending Works, Octopus Choice, Proplend, RateSetter and Rebuildingsociety.
Funding Circle and Zopa have four stars.
Crowdstacker, LendingCrowd, Money&Co and The House Crowd have three stars while Ablrate, CapitalStackers, Crowd2Fund and Fol2Folk have two.
ArchOver, The Money Platform, Relendex and Unbolted all have one star.