LendingCrowd launches pioneering industry app

In a new development for the burgeoning alternative finance sector LendingCrowd, which has already helped to facilitate almost £4m worth of funding for UK SMEs, has launched one of the most sophisticated financial apps on the market - giving investors instant access to their investment portfolios and the ability to invest on the go.

The peer-to-business lending platform has designed the iOS apps to allow investors to easily complete their whole investment journey, from sign-up and loading of funds to instant investment, on their smartphones and tablets.

The interface gives users the ability to see their whole range of investments at a glance, and also receive notifications when they are outbid or when bids are accepted on the Loan Market.

Stuart Lunn, CEO of LendingCrowd, believes that the app, which builds on their state-of-the-art technology platform, will open up the opportunity to a whole new audience. “The LendingCrowd app is by some distance the most sophisticated mobile offering in the sector and gives our investors instant access to their investment portfolio. The in-house development team here has worked around-the-clock to produce an app that is exceptionally easy to use, with investors now able to embark on the investment journey at the touch of a screen.

“Already the initial feedback has been fantastic and we hope that the ease with which people can use the app will encourage even more potential investors to sign-up and back UK SMEs directly.”

The LendingCrowd app is available as a free download from the Apple App Store, with an Android version on its way.