LendInvest consider floating on the stock market

LendInvest is considering an initial public offering, with hopes of a £500m valuation, the firm has confirmed in a statement. LendInvest, formerly Montello Bridging Finance, has hired Lazard, the investment bank, to help advise on the potential IPO.
LendInvest’s plans to float on the stock market come after a Series C funding round in 2018, which raised £30.5m.