Glasgow private equity firm Maven Capital Partners has led a £2 million financing round for London-based peer-to-peer (P2P) lender Lending Works. The investment house was joined in the deal by English counterparts NVM Private Equity and Pollen Street Capital as well as a number of business angels. Maven put up the bulk of the cash, with other investors contributing £800,000 between them.
The article goes on to say that Maven were impressed by Lending Work's "ethical" approach to P2P lending.