Investors have used the platform to deploy around £1.2 billion in secured property loans

Former Fintech correspondent

LendInvest, the UK's largest property fintech, has passed the $1bn mark of capital under management just four years after launching its online platform.

Since the start of 2017, the UK’s platform for property finance saw its lending capital base grow by 104% year-on-year to £765, the firm said in a statement.

UK property fintech comes of age with $1bn fundraising

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The hedge-fund founder is asking triple what he paid for the Bali-inspired Manalapan estate in 2017.

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The announcement comes as USS Investment Management said it won’t bid for the property firm.

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The U.S. private-equity firm said t decided not to begin a tender offer for the Japanese software company after consulting with Fuji Soft founder Hiroshi Nozawa.

Successful firms are increasingly split between behemoths with several business lines and those focusing on their roots of buying companies.

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The Chinese technology giant has begun tests to integrate homegrown startup DeepSeek’s AI model into its Weixin messaging app.

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