Don't invest unless you're prepared to lose money. This is a high-risk investment. You may not be able to access your money easily and are unlikely to be protected if something goes wrong. Take 2 minutes to learn more.

Authorised & Regulated by the FCA (UK) 782496

Loan Volumes and Amounts Paid to Investors Jan-24 Feb-24 Mar-24 Apr-24 May-24
Aggregate loans issued from inception to date (£) 51,354,668 51,965,808 52,496,788 52,775,738 52,882,608
Aggregate principal paid from inception to date (£) 15,933,338 16,654,049 17,326,702 17,968,867 18,473,641
Aggregate interest paid from inception to date (£) 4,066,734 4,233,576 4,425,999 4,667,596 4,855,206
Loan Analysis1 £ %
Loans outstanding – Current2 34,801,385 95.55
Loans outstanding – Arrears3 693,575 1.90
Loans outstanding – Default4 928,365 2.55
Total Loans Balance 36,423,325 100.00
Arrears Analysis – Loan Balances1 £ %
Less than 30 days 64,580 9.31
Between 31 and 60 days 356,933 51.46
Between 61 and 90 days 272,062 39.23
Total Loans in Arrears 693,575 100.00
Arrears Analysis – Actual Amounts Overdue1 £ %
Less than 30 days 817 2.85
Between 31 and 60 days 10,144 35.35
Between 61 and 90 days 17,733 61.80
Total Amounts Overdue 28,694 100.00

Vintage Analysis1,5

Loan Origination Year 2018 2019 2020 2021 2022 2023 2024 Total
Total loans issued in year (£) 295,133 2,811,435 6,997,360 10,078,010 14,409,150 14,525,690 3,765,830 52,882,608
Total principal paid from loans issued in the year (£) 241,582 2,108,006 4,388,158 4,962,282 5,065,872 1,518,768 188,972 18,473,641
Total interest paid from loans issued in the year (£) 68,712 607,521 1,296,234 1,350,610 1,072,431 422,113 37,585 4,855,206
Loan balances by year of issue – Total (£) 69,305 846,731 2,911,858 5,367,865 9,994,439 13,642,078 3,591,048 36,423,325
Loan balances by year of issue – Current (£) 30,099 671,658 2,720,293 5,107,020 9,173,323 13,526,134 3,572,858 34,801,385
Loan balances by year of issue – Arrears (£) 12,913 6,967 25,345 183,085 336,178 110,896 18,190 693,575
Loan balances by year of issue – Default (£) 26,293 168,106 166,220 77,759 484,938 5,048 0 928,365
Initial loan amount by year of issue – Loans in repayment (£) 295,133 2,811,435 6,997,360 10,078,010 13,114,790 6,076,860 1,406,160 40,779,748
Loan balances by year of issue – Loans in repayment (£) 69,305 846,731 2,911,858 5,367,865 9,374,932 4,885,780 1,279,631 24,736,102

Defaults & Recoveries

Loan origination Year 2018 2019 2020 2021 2022 2023 2024 Total
Defaults (£) 53,655 331,482 202,546 97,781 504,250 5,204 0 1,194,920
Recoveries from previous default situations (£)7 27,362 163,376 36,326 20,022 19,312 156 0 266,554
Written-Off loan amounts 0 23,969 0 0 0 0 0 23,969
Recovery rate (%)8 51.00 49.29 17.93 20.48 3.83 3.00 0 22.31

Risk Warnings

Remember, past performance is not a reliable indicator of future results. And forecasts are not a reliable indicator of future performance.
Investors on Lendwise are not covered by the Financial Services Compensation Scheme.

Independent advice
We recommend that you seek independent financial advice if you are in any doubt as to whether lending via Lendwise is suitable for you.

Definitions of arrears and defaults

1Excludes all loans with an arrears balance of less than £1 and loans considered in default.

2Current Balance (Principal & Interest) of loans that have been originated on the Lendwise platform which are outstanding and which are not considered to be in arrears or in default.

3A loan is considered to be in ‘Arrears’, where the relevant borrower of the loan is overdue on any amount in one or more instalment payments. The amount of arrears is the total outstanding amount of the loan.

4A loan in default is considered to be any loan that has been in arrears for more than 90 days or a loan in arrears for less than 90 days where we have information to believe that there is no reasonable expectation that the borrower is going to repay the loan on the original loan repayment date and/or terms. As a result, this category can include loans where repayments are still being made and are in the process of clearing their arrears. Such loans will be reflected in the corresponding recovery data row. The amount includes any portion of the loan that has not yet been repaid and/or all costs incurred by the lender in relation to the enforcement of a defaulted loan, where such costs are not recovered in full from the relevant borrower.

5The loan information displayed relates to that calendar year (from January to December) as shown in each column.

6“Currently in Default” represent total amounts lent in that calendar year currently in default.

7“Recoveries” represents those amounts of loans which we previously classified to be in default but were since recovered.

8“Recovery rate” represents the proportion of loans which are recovered, having previously been classified to be in default.

Our Values Recognised


Consumer lender of the year 1 MillionStartUps Fintech 50 - Fintech Abu Dhabi Unbound 50
Responsible Finance RisingStar Power50