Type: Peer-to-Peer (P2P) Business Lending
Peer-to-Peer (P2P) Business Lending - geography: United Kingdom
CO. no.: Na.
Wellesley & Co is a secured Peer-to-Peer lending platform. Our core principle is to lend to borrowers whose assets provide tangible security over their loan. Wellesley & Co began lending to borrowers in June 2013, and since November 2013 lenders have been investing in the loans through the Peer-to-Peer lending platform.
Since our launch we have benefitted from massive growth, due to our unique and innovative business model within the sector. We place our own funds into every loan that we make before our investors, offering our investors high rates of return with immediate interest earned on their committed funds.
Description: Graham started his career in the city working within the derivatives industry for firms including Hoare Govett, Banque Indosuez and ING Bank before founding IFX Markets which was one of the first online institutional and retail providers of foreign exchange and spreadbetting. After taking the company public on the London Stock Exchange, Graham acquired ODL Securities in 2004 which he grew to being an international leader in FX trading which he merged with FXCM in 2010 as part of the company?s floatation on the New York Stock Exchange. Up until recently, Graham was the Vice Chairman for FXCM and also was the chairman of Prestige Asset Management where he was responsible for building a significant agricultural loan book. Graham founded Wellesley & Co in 2013, he is the chairman of Wellesley & Co and plays an active role in the credit committee.
Description: After attending university in Scotland, Andrew moved to London to start working within the derivative trading industry as an investment adviser and sales manager. Andrew?s most recent roles were within ODL Securities and then FXCM where he performed the roles of Marketing Director and latterly Vice President for FXCM Europe specialising in the retail and institutional foreign exchange trading platform services. Whilst at FXCM Andrew managed their trading relationship with Barclays Stockbrokers which was branded Barclays Margin FX and also led the firm?s strategy in the Turkish FX markets. Andrew is responsible for managing the needs of all lenders who invest through the Wellesley & Co platform.
Wellesley & Co won the ?Best Peer-to-Peer Lender? Award at the Shares Awards Gala Dinner at the Grosvenor House Hotel in London, November 12, 2015.
Up against six main competitors, we took home the gong in the category?s first year. As the Peer-to-Peer Lending Sector has grown exponentially over the past few years, Shares Magazine felt it necessary to create a new category which represented the Peer-to-Peer Lending Sector ? ?Best Peer-to- Peer Lender?.