What is LiveMore Capital?
LiveMore Capital is a specialized UK mortgage lender established to address the needs of individuals aged 55 and over. The company focuses on providing flexible retirement interest-only mortgage solutions, a segment identified by the FCA as underserved and experiencing substantial growth. LiveMore Capital's team comprises professionals with extensive experience from both established and challenger mortgage lenders, complemented by deep credit and financial expertise, positioning it for significant market penetration.
How much funding has LiveMore Capital raised?
LiveMore Capital has raised a total of $673.9M across 2 funding rounds:
Debt
$372.6M
Debt
$301.3M
Debt (2022): $372.6M with participation from National Westminster Bank
Debt (2023): $301.3M led by Citi
Key Investors in LiveMore Capital
National Westminster Bank
National Westminster Bank, also known as NatWest, is a major UK-based retail and commercial bank offering a comprehensive suite of financial services. Their involvement suggests a strong belief in LiveMore Capital's business model and market potential within the UK financial sector.
Citi
Citigroup Inc. is a globally recognized financial services institution providing a wide array of banking and financial products. Citi's participation highlights the international financial community's interest in innovative UK lending platforms and their potential for significant returns.
What's next for LiveMore Capital?
The substantial enterprise-level funding and recent strategic investment indicate LiveMore Capital is poised for aggressive scaling and product development. This capital will likely fuel expansion of its lending capacity, enhancement of its technological infrastructure, and broader market outreach to capture a larger share of the growing retirement mortgage market. The company's strategic backing suggests a trajectory towards becoming a dominant player in specialized UK mortgage solutions.
See full LiveMore Capital company page
