Fintech focused venture capital fund invests in direct lending platform

By Daniel Lanyon on 9th May 2018

Fintech

The firm’s investments in specialty finance have totalled £20m in less than six months since launching in 2017.

Fintech focused venture capital fund invests in direct lending platformImage source: https://goo.gl/2qLSCd

Quilam Capital – which invests in both debt and equity in the speciality finance sector - has announced its fifth deal since launching late last year. 

Quilam has made a multi-million-pound investment into consumer finance platform 1plus1 Loans.

Originally a finance broker, 1plus1 provides guarantor loans to UK consumers. The firm commenced lending about five years ago and is now prepping to grow origination volumes

The investment made by Quilam Capital will help facilitate the next stage of growth, it says, by supporting the team’s aspirations to expand their offering, invest in people and infrastructure.

Marc Sefton, Co-Founder and Partner of Quilam said: “We have known the management team for a number of years and look forward to working closely with them supporting their ambitious growth plans.”

Since launching late last year, the Quilam team has made five investments totalling £20m across a range of start-ups and more well established platforms. 

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