Lending Works Crowdfunding Platform For Online Fundraising in 2024

Lending Works is a peer-to-peer lending platform based in the United Kingdom, offering unsecured personal loans to individual borrowers. Founded in 2012, the platform operates under an ECSP license number 723151 and is known for its innovative approach to managing risk through diversification and the 'Lending Works Shield', which acts as a provision fund.

The platform provides an opportunity for investors to fund these personal loans, with a minimum investment of 10 EUR and an advertised return of 4.50%. While specific information about the total funding volume, average loan duration, and number of investors is not available, Lending Works aims to connect investors with borrowers in a transparent and efficient manner.

With a focus on the United Kingdom market, Lending Works facilitates lending between individuals, allowing borrowers to access financing for various personal needs while providing investors with an opportunity to earn attractive returns. The platform operates primarily in English and adheres to regulations governing peer-to-peer lending in the UK.

Overall, Lending Works offers a platform where individuals can participate in the peer-to-peer lending market, supporting responsible borrowing and lending practices while aiming to provide a positive experience for both borrowers and investors.