Landbay is a fast-growing UK peer-to-peer lending platform. Landbay enables retail investors and institutions to invest in low-risk buy-to-let residential mortgages. We believe that financial service providers should be transparent and fair. A full member of the Council of Mortgage Lenders. Lenders have a new way to work their money harder. Borrowers get a better deal by cutting out the banks. We're authorised and regulated by the FCA, but peer-to-peer lending platforms are not covered by the FSCS. Capital at risk.
Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2013
Size (employees)
35 (est)+17%
Landbay was founded in 2013 and is headquartered in London, GB

Key People/Management at Landbay

John Goodall

John Goodall

CEO
Gray Stern

Gray Stern

Founder

Landbay Office Locations

Landbay has an office in London
London, GB (HQ)
9-11 Grosvenor Gardens

Landbay Financials and Metrics

Summary Metrics

Founding Date

2013

Total Funding

$7.7 m

Latest funding size

$3.6 m

Time since last funding

over 1 year

Investors

Landbay's latest funding round in March 2016 was reported to be $3.6 m. In total, Landbay has raised $7.7 m

Landbay Financials

Landbay's revenue was reported to be £143 k in FY, 2016 which is a 61% decrease from the previous period.
GBP

Revenue (FY, 2016)

143 k

Gross profit (FY, 2016)

67.4 k

Gross profit margin (FY, 2016), %

47%

Net income (FY, 2016)

(1.7 m)

Cash (31-Dec-2016)

218.7 k
GBPFY, 2014FY, 2015FY, 2016

Revenue

63.5 k364.9 k143 k

Revenue growth, %

475%

Cost of goods sold

41.4 k240.5 k75.6 k

Gross profit

22 k124.4 k67.4 k
GBPFY, 2014FY, 2015FY, 2016

Cash

989.3 k183.8 k218.7 k

Accounts Receivable

48112.2 k

Current Assets

1 m265.6 k562.6 k

PP&E

10.1 k66.3 k46 k
    GBPFY, 2014FY, 2015FY, 2016

    Net Income

    (562.9 k)(2.1 m)(1.7 m)

    Cash From Operating Activities

    (524.4 k)(1.9 m)(1.8 m)

    Cash From Financing Activities

    1.6 m1.5 m2.4 m

    Net Change in Cash

    989.3 k(805.5 k)35 k
      GBPY, 2016

      Revenue/Employee

      6 k

      Financial Leverage

      1.3 x
      Show all financial metrics

      Traffic Overview of Landbay

      Landbay Online and Social Media Presence

      Landbay News and Updates

      Debunking the peer-to-peer lending myths

      There's no doubt that peer-to-peer (P2P) lending has divided opinion. On one side, there’s a cohort of people who have nothing but praise for the sector’s ability to offer solid returns and raise investment for businesses. But P2P has also been plagued by criticism, with some high profile names c…

      Peer-to-peer lending for buy-to-let mortgages: Meet Landbay

      When I spoke to Gray Stern, co-founder and chief commercial officer of Landbay, he was in Barcelona, at an mortgage-backed securities conference. “It’s more interesting than it sounds,” he chuckles down the phone. “mortgage-backed securities providers know how to party,” I deduced. A New Zeala…

      Landbay Company Life and Culture

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