Editorial & Advertiser disclosure

Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Home > Top Stories > Landbay to grow headcount by 70% by summer after record first quarter

Landbay to grow headcount by 70% by summer after record first quarter

Published by Gbaf News

Posted on May 3, 2018

4 min read

Last updated: January 21, 2026

API security measures in financial services - Global Banking & Finance Review — An illustration depicting API security in financial services, highlighting its importance in maintaining customer trust amidst rapid digital innovation. This image emphasizes the critical role of secure APIs in the evolving landscape of open banking.

Specialist mortgage marketplace lenderLandbay today reports its strongest quarter to date and revealed plans to increase headcount by 70% by summer 2018. This rapid expansion plan shortly follows the close of another successful fund-raising round.

Landbay recently surpassed £100 million of mortgages funded to date with zero arrears. In Q1 of 2018 alone, the company funded 130 mortgages, lending a total of £26.8 million in the three months to April, with 50% of these cases completed in March. This record quarter, and a strong start to Q2 with a record £10.89 million lent in April, takes Landbay’s total lending volume up to an impressive £120 million. The company is now close to profitability and expects to breakeven in Q3 of this year.

Successful funding rounds over the years have facilitated the increased investment in Landbay’s technology platform and distribution capability, which in turn has powered significant growth for the firm. Last month the firm closed its sixth funding round, with £1.75 million raised from 239 unique investors.

To support its continued expansion, Landbay has revealed plans to substantially grow its team over the coming months. It has already made four new hires across its technology, marketing, and sales teams and will be moving offices this week to cater for the expanding team.

John Goodall, CEO and founder of Landbay said: “The past four years have been a journey of expansion and development, but the last six months have been a real eye opener to what we can achieve as a company. After reaching the £100 million lending milestone in March we have continued to gain momentum, and aim to be lending £30 million a month before the year is out.

“Becoming a publicly listed company in the future remains our ultimate objective, but for now, we look forward to welcoming new team members who will all play key roles in helping us achieve sustained growth.”

Specialist mortgage marketplace lenderLandbay today reports its strongest quarter to date and revealed plans to increase headcount by 70% by summer 2018. This rapid expansion plan shortly follows the close of another successful fund-raising round.

Landbay recently surpassed £100 million of mortgages funded to date with zero arrears. In Q1 of 2018 alone, the company funded 130 mortgages, lending a total of £26.8 million in the three months to April, with 50% of these cases completed in March. This record quarter, and a strong start to Q2 with a record £10.89 million lent in April, takes Landbay’s total lending volume up to an impressive £120 million. The company is now close to profitability and expects to breakeven in Q3 of this year.

Successful funding rounds over the years have facilitated the increased investment in Landbay’s technology platform and distribution capability, which in turn has powered significant growth for the firm. Last month the firm closed its sixth funding round, with £1.75 million raised from 239 unique investors.

To support its continued expansion, Landbay has revealed plans to substantially grow its team over the coming months. It has already made four new hires across its technology, marketing, and sales teams and will be moving offices this week to cater for the expanding team.

John Goodall, CEO and founder of Landbay said: “The past four years have been a journey of expansion and development, but the last six months have been a real eye opener to what we can achieve as a company. After reaching the £100 million lending milestone in March we have continued to gain momentum, and aim to be lending £30 million a month before the year is out.

“Becoming a publicly listed company in the future remains our ultimate objective, but for now, we look forward to welcoming new team members who will all play key roles in helping us achieve sustained growth.”