Kuflink surpasses £50m funding milestone

Kuflink has announced that it has now funded over £50m worth of bridging and development loans via its investment platform since launch.

The P2P lender has returned over £23m in capital to investors and a further £1.3m in interest.

This comes towards the end of its busiest quarter to date, during which Kuflink appointed Tim Spurr as its new chief financial officer.

“It took us over a year to fund our first £10m, and we’ve been on an upward trajectory ever since – we’re reaching each milestone faster than the last,” said Narinder Khattoare, CEO at Kuflink (pictured above).

P2P has been in the spotlight lately, but this milestone shows that our investors understand why Kuflink is different from some lenders.

“Our thorough due diligence, commonsense approach to lending and the millions in capital and interest we’ve already returned to investors are the reasons we’re here for the long haul.

“We’ve built a fantastic community of investors and couldn’t do it without their support, or the continuous hard work from our growing team.

“We’re just beginning to launch the first in a series of huge developments for Kuflink that will really shake up the P2P market, so watch this space as there is plenty of excitement to come.” 

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