Startup P2P platform LendEx targets SMSF borrowers

  |   Written By by Titan Vine ON

[1] Backed by Alex Waislitz’s Thorney Investments Group,  the newest peer-to-peer lender LendEx,  believes it can acquire $25 million for their SMSF borrowers next quarter.

[2] P2P lenders have grown but they all cover different areas such as Society One and MoneyPlace on small consumer loans while LendEx focuses on self-managed super funds (SMSFs).

[3] Launching next month, the platform’s first products are specialised loans for SMSFs, known as limited recourse borrowing arrangements (LRBAs).

[Source] Australian Information Technology News – Start-up P2P platform LendEx targets SMSF borrowers