private industry personal finance peer to peer lending alternative finance founded 2013 headquarters london uk key people graham wellesley ceo and co founder products peer to peer lending website www.wellesley.co.uk wellesley & co is a peer to peer lender headquartered in london uk . 1 founded in november 2013 wellesley provides asset backed loans secured on residential property . 2 it is named after co founder graham wellesley who was previously chief executive of ifx and finspreads . wellesley differs from other peer to peer lending platforms in that it uses its own money to fund every loan agreed with its borrowers . 3 contents 1 overview 2 industry awards 3 see also 4 references 5 external links overview edit wellesley allows individuals to lend money directly to the uk s small and medium sized housebuilders as well as property developers . 4 on 2 april 2014 wellesley announced that it had made an 8.3 m loan the largest to be made on a peer to peer platform at that time . 5 6 the loan a bridging loan is backed by a range of 27 properties in several south london boroughs and essex . 2 as part of an auto matching process lenders funds are matched to all loans on a volume weighted basis which gives investors a proportionate amount of each loan . 7 the process runs once a week in order to match lenders to every single loan . 8 in july 2014 wellesley & co. announced the launch of the wellesley mini bond which allows bondholders to invest their money directly to wellesley finance plc in turn for a fixed interest rate that is paid every six months . 9 as and when the wellesley mini bond has matured the full amount of a lenders investment will be repaid . the mini bond offered by wellesley is only available to uk based individuals companies charities and trusts . another bond offered by wellesley & co is the wellesley listed bond which again is issued by wellesley finance plc. industry awards edit in 2014 wellesley won an award for being the fastest growing platform of the year out of a number of platforms surveyed by altfi an online alternative finance publication . 10 in 2015 financial news site bridging and commercial awarded wellesley p2p lender of the year . 11 see also edit peer to peer lending alternative finance bond finance references edit wellesley & co . retrieved 4 april 2014 . a b dunkley emma 1 april 2014 . financial times . ft. london . retrieved 7 april 2014 . mcgee abe jason 3 april 2014 . bridging and commercial . bridging and commercial . london . retrieved 3 april 2014 . credit today . credit today . london . 11 february 2014 . retrieved 20 february 2014 . wallace tim 3 april 2014 . city am . city am . london . retrieved 20 april 2014 . lynch russell 2 april 2014 . london evening standard . london evening standard . london . retrieved 16 april 2014 . https www.wellesley.co.uk how it works auto matching wellesley & co announces largest ever peer to peer loan . investgate . retrieved 10 february 2016 . new mini bond pays 7pc . the telegraph . retrieved 10 february 2016 . altfi awards 2014 . altfi . retrieved 10 february 2016 . b & c awards 2015 . bridging and commercial . retrieved 10 february 2016 . external links edit www.wellesley.co.uk retrieved from https en.wikipedia.org w index.php title wellesley % 26 co. & oldid 730014273 categories peer to peer lending companies navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 16 july 2016 at 04 10 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view