BLEND
BLEND is a UK FCA-regulated peer-to-peer platform that provides £1M-£10M development finance to experienced property developers, funded by retail investors, family offices, and a £120M institutional facility. It has originated 250 loans since 2017 with zero capital losses.
- Company typePrivate
- Founded2017
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingServices
What BLEND does
BLEND (Blend Loan Network Limited) is a UK-authorised peer-to-peer property lending platform that intermediates development finance between experienced property developers and a mixed pool of individual, family office, and institutional capital providers. Founded in 2017 and headquartered in London, the company originates secured loans typically ranging from £1M to £10M for acquisition, refurbishment, ground-up development, conversion, exit, and bridging purposes, priced at 65-75% LTGDV. Its technology stack comprises a web-based electronic auction platform with paperless credit approval, automated KYC/AML integrations (MangoPay for payments; Creditsafe, TransUnion, North Row, and Experian for identity and credit checks), an AutoLend automated investment tool, a Secondary Market for trading loan participations, and an IFISA wrapper for tax-advantaged retail investment.
BLEND monetises across five revenue streams: borrower arrangement fees and capital commitment fees deducted at drawdown, monthly services fees throughout the loan term, a 0.6% fee on secondary market loan transfers, and a £75 failed direct debit penalty. Capital is sourced from a £120M debt facility provided by a consortium of family offices (April 2022), alongside retail and high-net-worth investors participating via the platform. The company is FCA-regulated (Registration Number 913456), GDPR-registered, and operates exclusively within the UK with a staff of 11-50. As of 2026, the platform has originated 250 loans totalling £216.6M in GDV with zero capital losses, an unusually strong credit track record supported by an underwriting acceptance rate below 2%.
BLEND firmographics
Firmographics- Name
- BLEND
- Legal name
- Blend Loan Network Limited
- Website
- https://blendnetwork.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- BLEND is a UK FCA-regulated peer-to-peer platform that provides £1M-£10M development finance to experienced property developers, funded by retail investors, family offices, and a £120M institutional facility. It has originated 250 loans since 2017 with zero capital losses.
- Ownership category
- akta.pro rank
BLEND industry classification
Industry- Product category
- Real Estate Development Finance
- NAICS
- Mortgage and Nonmortgage Loan Brokers (52231), Real Estate Credit (522292)
- SIC
- Loan Brokers (6163)
- akta.pro primary industry
- P2P Small Business / SME Marketplace Lending (FSAKAHAC)
- akta.pro secondary industry
- Real Estate / Property-Backed Marketplace Lending (Non-mortgage) (FSAKAHAG)
Keywords
Where BLEND is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
BLEND business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Borrower Arrangement Fees: Arrangement fee payable by the Borrower to BLEND agreed by the Borrower and BLEND, deducted from the Loan at drawdown
- Capital Commitment Fee: BLEND capital commitment fee payable by the Borrower to BLEND as agreed, deducted at loan drawdown
- Ongoing Services Fees: Monthly services fees charged to borrowers throughout the loan term, including accrued interest payments
- Secondary Market Fee: 0.6% fee on sale of loan participations on the secondary market, charged to selling lender member
- Failed Direct Debit Penalty: £75 penalty fee payable to BLEND by the Borrower if direct debit fails
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Retail Investor |
| Transaction based/ take rate | Pay-as-you-go | Bidding Bonus Programme |
| Transaction based/ take rate | Pay-as-you-go | Underwriter |
| Transaction based/ take rate | Monthly | Borrower Fees |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels5 records
BLEND product offering
Product offeringCore offering
BLEND operates a peer-to-peer (P2P) property lending platform that connects experienced UK property developers seeking mid-market development finance (£1m-£10m) with retail, high-net-worth, family office, and institutional investors willing to fund real estate development projects. The company originates acquisition, refurbishment, ground-up, conversion, developer-exit, and bridging loans secured by first charge on property, and matches that lending capital via an electronic auction platform supported by tools such as AutoLend and a secondary market for loan participations.
Product overview
BLEND operates as a peer-to-peer property lending platform connecting experienced UK property developers with investment capital from institutional and individual investors. The core Blend Network Platform serves as the marketplace, supported by Development Finance Loans product for borrowers and an Investment Platform for lenders. Key platform features include the Secondary Market for loan trading, the AutoLend automated investment tool, and a Bidding Bonus Programme for high-value investors. Returns between 8-12% p.a. are secured against first charge on property, with typical loan sizes of £1m-£10m at 65-75% LTGDV. The platform also supports IFISA for tax-advantaged returns.
Differentiator
Problem solved
Functional benefit
Products and services
- Development Finance Loans Secured property development financing for experienced UK property developers, including acquisition, refurbishment, ground-up construction, conversion, developer exit, and bridging loans typically ranging from £1m to £10m at 65-75% LTGDV with fixed interest rates and first charge senior security.
- Investment Platform Web-based investment platform enabling individual, high-net-worth, family office, and institutional investors to co-invest in secured UK property development loans with advertised returns of 8-12% p.a., monthly interest payments, and first charge security on underlying property assets.
- Secondary Market On-platform secondary market for trading loan participations, allowing existing lenders to sell their loan positions to other investors before loan maturity.
- Innovative Finance ISA (IFISA) Tax-advantaged ISA wrapper allowing returns from peer-to-peer lending through the BLEND platform to be earned tax-free within annual ISA subscription limits.
- AutoLend Tool Automated investing facility that allows investors to pre-set lending criteria and automatically deploy capital across loans that match their selected preferences, eliminating the need to manually select individual loan auctions.
- Bidding Bonus Programme
Quantifiable outcome
- 0% capital losses across all 250 loans originated since 2017
- +3 more outcomes
Companies that use BLEND
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles4 records
BLEND technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature3 records
BLEND partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- MangoPaycoreMangoPay is the payment service provider for the Blend Platform. MangoPay U.K. Ltd is an Electronic Money Institution authorised by the FCA (reference number 984753). Services include: holding lender member funds in e-wallets, processing loan drawdowns and repayments, and arranging fund transfers to designated bank accounts.
- CreditsafecoreCredit reference agency used for creditworthiness assessment, identity verification, and fraud prevention. Creditsafe Business Solutions Limited is authorised and regulated by the FCA (FCA Firm Reference Number: 742313). Uses data partner TransUnion for consumer credit and identity data.
- TransUnioncoreCredit data partner supplying consumer credit and identity data through Creditsafe. TransUnion International UK Limited is authorised and regulated by the FCA (FCA Firm Reference Number: 805757). Used for anti-money laundering checks and fraud prevention.
- North Row (formerly Contego)coreCredit reference and fraud prevention agency partner used for identity verification and compliance checks alongside other credit reference agencies.
- ExperiancoreCredit reference agency used for credit checks and affordability assessments in the lending process.
- Blend (Security Trustee) LimitedcoreRelated entity (company number 10710874) that acts as security trustee on behalf of lender members in relation to security held for loan documents, and enforces security in consultation with BLNL.
- Hampshire Trust BankminorManaging Director David Alcock previously spent over eight years as Managing Director and founding member of the Development Finance team at Hampshire Trust Bank before joining BLEND in 2022.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
BLEND competitors and assessment
Company assessmentDirect peers
- LendInvest: Largest UK peer-to-peer and specialist property finance platform, offering development finance, buy-to-let, and bridging loans. Directly competes with BLEND in the SME development finance segment and serves both retail investors and institutional capital.
- CrowdProperty: UK P2P platform focused specifically on residential property development finance. Operates a similar model to BLEND — matching property developers with individual and institutional investors — with comparable loan sizes and risk-return profile.
- Kuflink: UK peer-to-peer lending platform specializing in property-backed loans including bridging and development finance. Directly comparable to BLEND on product, target borrower segment, and FCA-regulated P2P structure.
- Assetz Capital: Established UK P2P platform offering property-secured loans including development finance and bridging. Competes with BLEND in the same property-backed P2P lending niche with comparable target returns and FCA regulation.
- Proplend: UK P2P platform focused on commercial property lending, including development and bridging finance. Comparable to BLEND on platform-based property lending model and investor base, though tilted more toward commercial assets.
- Landbay: UK P2P platform focused on buy-to-let mortgage lending with institutional capital backing. Comparable P2P property lending model with similar FCA regulation and investor demographic, though focused on BTL rather than development.
Broad incumbents
- Octopus Real Estate: Larger UK real estate private credit and investment manager, part of Octopus Group. Competes with BLEND for institutional real estate debt allocations and recently hired BLEND's Senior Portfolio Manager Reits Elnionis — demonstrating overlap in talent and product space.
- Hampshire Trust Bank: UK specialist challenger bank with a dedicated development finance division where BLEND MD David Alcock previously led origination for 8+ years. Direct competitor in £1m-£10m development finance with deeper balance sheet funding.
- Secure Trust Bank: UK specialist challenger bank with a Real Estate Finance division that employed BLEND's Underwriting Director Duncan Armstrong. Directly competes in the SME development finance segment with bank-balance-sheet funding.
Emerging players
- British Pearl: Smaller UK P2P property investment platform offering fractional ownership and lending exposure to residential property. Comparable to BLEND on UK P2P property investor base, though more retail-focused and with a different primary product structure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
BLEND social profiles
Digital presenceBLEND compliance and trust
Trust signalCompliance2 records
BLEND financial estimates
Financial estimateRevenue estimate
Valuation estimate
BLEND leadership team
Management profileNumber of profiles
Profiles12 records
BLEND subsidiaries and ownership
Company hierarchySubsidiaries1 record
BLEND funding detail
Funding detailFunding overview
Funding rounds3 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BLEND M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BLEND
What does BLEND do?
BLEND operates a peer-to-peer (P2P) property lending platform that connects experienced UK property developers seeking mid-market development finance (£1m-£10m) with retail, high-net-worth, family office, and institutional investors willing to fund real estate development projects. The company originates acquisition, refurbishment, ground-up, conversion, developer-exit, and bridging loans secured by first charge on property, and matches that lending capital via an electronic auction platform supported by tools such as AutoLend and a secondary market for loan participations.
Is BLEND a public or private company?
BLEND is a private company. It is currently operating.
When was BLEND founded?
BLEND was founded in 2017. It employs 11 to 50 people.
Where is BLEND based?
BLEND is headquartered in London, United Kingdom, in the Europe region.
How does BLEND make money?
Five revenue lines are on record. Borrower Arrangement Fees are the primary driver. The others are capital Commitment Fee, ongoing Services Fees, secondary Market Fee and failed Direct Debit Penalty.
Who are BLEND's main competitors?
Direct peers on record are LendInvest, CrowdProperty, Kuflink, Assetz Capital, Proplend and Landbay. Broad incumbents are Octopus Real Estate, Hampshire Trust Bank and Secure Trust Bank. British Pearl is listed as an emerging player.
Does BLEND have an API?
No public API is recorded for BLEND.
What industry is BLEND in?
BLEND's product category is Real Estate Development Finance. Its primary akta.pro industry code is FSAKAHAC, P2P Small Business / SME Marketplace Lending, with a secondary code of FSAKAHAG, Real Estate / Property-Backed Marketplace Lending (Non-mortgage). Its NAICS code is 52231 and its SIC code is 6163.