LENDEX is a lending platform that brings together borrower and investors. They focus on consumer lending (personal loans and mortgages) and institutional investors (though retail investors can participate as well). They start in the Netherlands and expand geographically within the EU. They have a fully approved license as a credit provider and a pre-approved license as a broker dealer and investment adviser. As such they can operate fully independent of a bank and integrate (compress) the processes offering better and fester services at lower costs. The asset base formed by the loans is structured in the form of tradible securities.