Lendermarket Secures Authorisation to Operate as a Crowdfunding Service Provider in the EU
Lendermarket has achieved a significant milestone in December by securing authorisation from the Central Bank of Ireland to operate as a Crowdfunding Service Provider under EU Regulation 2020/1503.
Receiving the authorisation is an achievement that highlights Lendermarket’s dedication to providing investors with unique opportunities to invest in loans, enabling them to earn passive income and achieve high returns via a platform operated by a regulated firm.
With a dynamic and user-friendly online marketplace, Lendermarket connects private and institutional investors with loans issued by digital consumer finance companies worldwide. The platform offers fixed-income returns, portfolio diversification, and an innovative approach to loan investments.
This authorisation aims to improve investor protection and transparency, among other things. As the company transitions to operating under the new framework, it will implement key changes to enhance the platform and continue to ensure a secure and rewarding investment experience. Updates will be shared with investors soon and until such time Lendermarket shall continue to offer its services in an unregulated capacity.