The Lending Factory

The Lending Factory
Date: March 2013
Deal Size: £Undisclosed
About the client: The Lending Factory was founded in 2012 by Alex Daly and David Poulton, former operations and tech leads for Virgin Money. The company has created a proprietary consumer lending platform for launch into the UK sub-prime lending market.
About the transaction: Akur led the company’s Series A funding round to secure the lead investor into The Lending Factory to finance market launch.
Lead: David Shapton
The Lending Factory

 
 

Chris Young…

Chris is focused on listed closed-ended funds, specialising in both equity and debt capital fundraising. He has over 16 years’ experience in both sales and research. With relationships across many of the large institutional investors in the sector, he has worked across IPOs, secondary fundraisings, placings and sales. He began his career in the City as an investment funds analyst at Credit Lyonnais in 1999, and has subsequently held positions at Lazard Panmure Gordon, Arbuthnot Securities, and most recently as a specialist salesman within the investment funds team at Westhouse Securities. He is focused on private and public real estate and REITs, infrastructure and utilities, emerging markets, private equity and alternatives. Tel: +44 (0) 20 3780 8746 Mob: +44 (0) 7471 141 303 Email: cyoung@akur.co.uk