Smart Lenders AM’s process is a clear and straightforward one. The company creates and maintains partnerships with a few high quality online platforms that are among the biggest and most established in the industry. These platforms give us access to their loan marketplace, where we use our advanced selection model to pick and choose individual whole loans for purchase. We then purchase the selected loans and hold them until maturity, collecting the cash flows throughout the duration of the loans.
It is important to underline that investments are held until maturity of the underlying loans, as there is currently no secondary market for these loans.
Smart Lenders AM’s portfolios are highly diversified across individual loans to ensure an optimal spreading of risk across risk factors and a direct exposure to consumer and small business loans dynamics.
First private investments
First investments on Lending Club Loans with Proprietary Funds
Smart Lenders Asset Management is launched
Start of the activity
Full-scope UK AIFM
Smart Lenders Asset Management becomes AIFM Full Scope
Launch of Profit Participating Note programme
Investment through the first compartment of Direct Lending investment SA (DL1). Issuance of Profit Participating Notes (PPN) invested in portfolios of consumer loans.
Launch of the Luxembourg SICAV
Launch of the AIF, Moonstone Lending Fund 1
(formerly The Direct Lending 1)
Launch of the fifth Note
In total, five PPN were launched for a total of $125mn invested in consumer loans.
First investments in Small Business Loans
The SICAV starts investment in US Small Business Loans through a first platform specialised in Merchant Cash Advance.
Smart Lenders Asset Management transfers activities to France
Smart Lenders Asset Management SAS, regulated by the AMF, becomes the new AIFM of the Moonstone Lending SICAV
Launch of Research Programme on Artificial Intelligence
Joint research programme with Credit.fr on the applications of Artificial Intelligence to credit scoring and risk evaluation.
First investments on European lending platforms
Smart lenders accelerates its development and makes its first investments on European lending platforms
French status of Young Innovative Company
Smart Lenders AM obtained the French “Young Innovative Company” (Jeune Entreprise Innovante) status for its research in artificial intelligence in the context of SME lending.
Smart Lenders AM passed the $500-million mark lent
Smart Lenders AM reached $500 million lent through online lending platforms, positioning the company as the European leader in the sector.
Smart Lenders AM supports UNGC’s ten principles
Smart Lenders AM becomes a signatory participant of the United Nations Global Compact and drafts its ESG Charter
Smart Lenders AM receives equity investment from Matmut
Historical investor in our flagship fund, Matmut takes a 5% stake in Smart Lenders AM.
Smart Lenders AM passes $1 billion mark lent
This milestone includes $900mn of consumer loans and $100mn to SMB loans
Smart Lenders AM celebrates the fifth anniversary of its Moonstone Lending SIF SICAV
The Moonstone Lending SIF SICAV celebrates its fifth anniversary with $350 million AuM
Smart Lenders AM launches a new fund
Smart Lenders announces the launch of The Lending Smart Fund 1, a new fund dedicated to new European financing platforms