The London headquartered company reduced the minimum investment from £10,000 in December last year and said, since opening the platform up to smaller investors, it has received a 52% increase in investment requests.
Launched in May 2013, LendInvest initially had a minimum investment of £50,000.
According to its website, the company has so far invested more than £200m into property loans providing an average returned for investors of around 6.65%.
Chief executive Christian Faes: “We have made a huge investment in the development of our technology, and we now have a platform that has the foundations to scale significantly.
“We wanted to make sure that we could cope with the increased investor interest in LendInvest, and had the most robust system possible, before we opened up the platform to the everyday investor.
“The returns that LendInvest gives investors are of the best in the peer-to-peer market. These investor returns all come with the comfort that the loan is secured by first registered charge against UK property, and underwritten by an experienced lending team with a track record of over six years.”
