Fintech

JPMorgan funding £500m in mortgage deals through LendInvest

It follows similar deals with other global banks, including HSBC, Citigroup and National Australia Bank

JPMorgan has signed a deal to fund £500m in future mortgage originations via City fintech firm LendInvest.

LendInvest will use the funding to finance buy-to-let properties, it said on 28 January, following the sale of a £125m mortgage portfolio to the US investment bank in September last year.

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