Leading international financiers invest in new challenger fintech platform
The Launch of the UK’s first Islamic finance compliant, peer-to-peer investment platform is set to provide fresh investment and real estate financing opportunities to communities, who have historically had a lack of financial products available. Nester aims to do this in a transparent, competitive, and timely manner.
Nester has two core offerings, an investment product aiming to deliver favourable returns to investors and a real estate financing solution for property buyers seeking finance for development projects, commercial buy-to-lets and bridging at competitive rates.
The traditional banking model of fractional reserve banking has not materially changed for some 150 years. Challenger banks have entered the market to start to introduce technology, improving the experience of customers with transparency and speed, but innovation is still needed and Nester aims to push this further in an inclusive manner for all communities. Investors and savers have historically resorted to depositing funds with a bank as the simple option of earning a return on their investment, albeit earning very little.
Nester believes empowering its community of customers with knowledge of its investment products will allow investors to consider its fixed income investments secured on real estate in the UK, as a viable alternative to improve returns on customers savings. For some, this is the only option available where investment products don’t exist and these communities, that have been financially excluded, will benefit from the Nester solution.
The Nester solution facilitates real estate financing and investment in a transparent, ethical and fair manner. Moreover, the shift towards a more technologically literate population and a broader offering from new tech startups has seen peer to peer and other break out sectors offer new opportunities to investors. Nester adds to this with a product that is available for all.
Who is Nester?
Nester introduces an innovative, ethical and digital alternative to legacy banking. The new technology empowered platform provides competitive and simple financing for borrowers, whilst providing an opportunity for investors that wish to support individual development or investment projects. Investors will have the opportunity to have significant reliable returns, secured by a first charge on the property asset itself.