11 December 2020 - Lendscape, a leading global secured lending platform vendor, today announces it has moved to larger offices in London as a result of the company’s significant expansion over the last three years, a 40% increase in revenues and 35 new clients.
Even in the last 12 months, despite the pandemic, headcount has increased by 12%. The company has an ambitious programme of investments for its technology platform with £10m committed to R&D over the next three to four years. Lendscape’s new headquarters are located in Wimbledon, Southwest London which is ideally located for transport links and is an area with good amenities. The additional space will enable the company to accommodate the 33 new employees who have joined the team during 2020 and allow for further expansion in 2021 and beyond.
The newly fitted offices have been designed to reflect Lendscape’s new branding and ensure that Covid-19 health and safety standards are met comfortably, as well as being environmentally friendly. Alongside numerous spacious meeting areas, the new offices have been furnished with the latest technology and have been designed to inspire creative, agile and collaborative working. The overall quality of the facilities will enhance the employee experience and enable the company to better serve its growing client base.
Expansion in new markets and geographies underpins growth
Underpinning Lendscape’s significant growth over the course of the last three years is its strategic entrance into a range of new regions and markets, facilitating its onboarding of 35 new clients during this period.
The company is investing significantly to broaden its capabilities to support a greater proportion of the secured financing market. It has invested significantly in the user-experience for the users of its software and has opened new markets with support of Semitic languages such as Arabic and Hebrew.
Launching in Asia
Lendscape launched its Singapore-based Asia office in mid-2019 to meet the increasing demand for supply chain finance, asset-based lending and invoice factoring technology in the region. Heading up the office is Kheng Leong Lee, HPD’s regional representative for the Asia-Pacific region, who is a market specialist with over forty years’ experience in providing financial support to SMEs in APAC.
Working closely with Dave Smart, HPD lendscape’s Regional Sales Director for Asia Pacific, Kheng has already helped to onboard a significant client in the region with many more opportunities progressing well.
Kevin Day, CEO of Lendscape, said: “We are delighted to be moving into our new London offices. The improved facilities provide a fantastic workspace for our engineers and customer service teams to help us better serve our clients. This marks a period of significant growth and success for our company, and we are really excited by the plans for 2021 and beyond, with new products and markets on the horizon. We look forward to welcoming both new and long-standing clients and partners to our new offices for a cup of eco-friendly coffee.”
ENDS
For further information please contact:
Sapience Communications
Jessica Tabaqchali
HPD@sapiencecomms.co.uk