Andy Murray makes second Landbay investment

Murray has invested an undisclosed sum in the company’s latest equity round through crowdfunding platform Seedrs.

Landbay has so far raised £2.3m, overfunding to 157% in a private pre-emption round only open to existing Seedrs investors.

Backed by Zoopla, Landbay facilitates loans to professional buy-to-let landlords. The company launched its intermediary platform in January this year.

John Goodall, CEO and co-Founder of Landbay, said: “Our business structure enables investors to capitalise on the private rented sector’s growth without needing to buy a property outright, or become a buy-to-let landlord themselves.

“We’re extremely pleased that Andy has chosen to invest in Landbay again and believes in the future of the sector and of the platform. It’s an exciting time for the company and sector as a whole, as we look forward to continued expansion in the coming months.”

Murray commented: “I have invested in Landbay for a second time, exercising my pre-emption rights. The future for the company looks good and I’m pleased to be able to maintain my shareholding as the company grows.”