Peer-to-peer secured property platform Lendy is launching a refer a friend scheme as part of a growth strategy after reaching 16,000 registered users and GBP300 million in funds raised.
For every registration made from an existing investor’s unique member URL they’ll get 5 per cent of individual interest earned from their referral lead, payable monthly for 12 months. Minimum investment and term applies.

Lendy will also give the investor’s friend a bonus. When they invest GBP1000 or more, they will get GBP50 cash back.

Liam Brooke, co-founder of Lendy, says: “Our new scheme is simple; you refer a friend and they get a GBP50 reward. You also get rewards too, with 5 per cent of interest earned for approved referrals.

“Most of us know that you can’t get much better than a personal recommendation for a product or service.

“The new refer a friend scheme builds on the old affiliate reward programme but now not only do both existing and new investors benefit, but it’s more generous too.”

As soon as a new Lendy account is up and running an investor is free to refer as many friends as they like.