Kuflink’s P2P platform reaches landmark £75m invested
Kuflink’s peer-to-peer platform is celebrating, having reached an impressive investment milestone of £75m since launching four years ago and without a single investor losing a penny.
This milestone comes eight months after Kuflink reached the £50m mark back in June of 2019, with the company going from strength to strength. Kuflink has already had a busy 2020 with the launch of a new TV ad, its continued partnership with Southampton FC and expansion of the bridging side of the business.
Gravesend based Kuflink matches investors with development projects and provides bridging propositions, secured against commercial and residential property. The company originally made its reputation as an award winning short-term lender, actively involved in the intermediary sector.
Offering a broad portfolio of investment choices including IF ISAs, Kuflink believes its success is based on delivering what it promises and having a loyal customer base, which is increasingly happy to reinvest because of Kuflink’s track record.
Kuflink’s chief executive, Narinder Khattoare, said, “We choose lending opportunities in which we would also want to invest, and this is part of the secret of our success. We do our homework on every deal that is offered to us and can co-invest along with our investor clients. The knock on effect is that nobody has lost any money on our platform since it launched . We offer a fair return and work hard to minimise risk as can be witnessed by our efforts to date.
At a time when P2P investment has had some notable casualties, Kuflink stands as proof that with a strong culture that understands how to assess the viability of the deals we are offered from our experience as a bridging lender, we continue to provide a stable platform with returns which our investors find attractive.”