Kuflink’s P2P platform reaches investment milestone
Kuflink’s peer-to-peer (P2P) platform reached an investment milestone of £75m since launching four years ago and without a single investor losing a penny.
The milestone comes eight months after Kuflink reached the £50m mark in June 2019.
Gravesend-based Kuflink matches investors with development projects and provides bridging propositions, secured against commercial and residential property.
Narinder Khattoare, chief executive at Kuflink, said: “We choose lending opportunities in which we would also want to invest, and this is part of the secret of our success.
“We do our homework on every deal that is offered to us and can co-invest along with our investor clients.
“The knock on effect is that nobody has lost any money on our platform since it launched.
“We offer a fair return and work hard to minimise risk as can be witnessed by our efforts to date.
“At a time when P2P investment has had some notable casualties, Kuflink stands as proof that with a strong culture that understands how to assess the viability of the deals we are offered from our experience as a bridging lender, we continue to provide a stable platform with returns which our investors find attractive.”
Khattoare spoke to Bridging Introducer in the February issue which can be viewed here.