It is LendInvest’s second equity investment in nine months.
In June 2015, the short-term mortgage lender secured a £22m investment from Beijing Kunlun, the Chinese technology company.
Christian Faes, Co-Founder & CEO of LendInvest, described the backing from Atomico as an “awesome opportunity”.
“Atomico is a rare example of a VC firm whose founder has first-hand experience of building a multi-billion dollar, fast growth technology company, and that was hugely attractive to us,” said Christian.
“We have only scratched the surface of how technology will make mortgages a better, faster and more transparent consumer experience for borrowers and investors.”
Mattias Ljungman, Partner at Atomico, added: “London is a global leader in FinTech, raising almost $1 billion (approximately £700m) in VC funding in 2015 alone.
“LendInvest is a great example of what can be achieved through FinTech technology, opening up the world of lending and mortgages to a new generation of tech savvy consumers.”
LendInvest was launched in 2013 and has lent £560m to finance over 2,100 properties in the UK.
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