NSR Invest and LendingRobot, two of the largest specialized Registered Investment Advisors in the alternative lending space, announced today that the companies have merged to create the leading independent advisory platform for alternative lending. Lend Core LLC, the parent company of NSR Invest, acquired Algorithmic, Inc. and all its assets, including the LendingRobot website and technology.
The combination brings together two highly complementary companies, each with an excellent reputation in the alternative, marketplace lending industry, also called peer lending. The joint team will combine its knowledge in the industry, investment algorithms, machine learning and blockchain technologies with the goal of providing steady investment returns to more than 8000 clients.
The websites, operating, and trading systems of NSRinvest.com and LendingRobot.com will continue to function separately in the short term. In the immediate future, the company is focusing its newfound strength on the LendingRobot Series. LendingRobot Series is an alternative lending robo-fund that allows investors to achieve immediate diversification and enhanced liquidity across the leading real estate, small business and consumer lending platforms. Uniquely, the fund utilizes its legal structure to adapt itself to each investor's specific needs, and allows each investor the ability to invest according to their specific duration and risk tolerance. In addition, LendingRobot Series leverages blockchain technology to securely publish an immutable ledger notarized by the Ethereum Blockchain, which allows it to be one of the most transparent funds in the industry.
Bo Brustkern, co-founder and CEO of NSR Invest commented, "We have long respected the work of the LendingRobot team and recognize that our companies are pursuing a common goal. That is, to provide a unifying investment solution for the millions of investors worldwide who seek the attractive, uncorrelated, diversified returns that alternative lending can provide. With this combination of our firms, we are bringing enhanced capabilities to our combined client bases today, and big plans for the future. A shining example of the kind of innovation that we will emphasize is the Lending Robot Series Fund, which provides customization, liquidity and diversification to investors through a novel, elegant, low-cost fund structure."
Emmanuel Marot, co-founder and CEO of LendingRobot, said, "NSR and LendingRobot have taken different tracts to provide similar services. Now is the perfect time to combine our complementary strengths. The combination of LendingRobot's advanced technology and NSR's extensive knowledge of this industry puts us in the best position to provide superior investment advice in the alternative lending space for both individual and institutional investors."
Mr. Brustkern will lead the combined entity as CEO. Mr. Marot will continue as a special advisor to the combined entity.
About NSR Invest (www.nsrinvest.com):
NSR Invest is a leading investment manager in peer-to-peer investments for institutions, individuals and their advisors. Its platform provides fully-managed accounts with a variety of risk-return profiles, built upon proprietary credit strategies, institutional grade trading technology and seamless visibility and reporting.
About LendingRobot (www.lendingrobot.com):
LendingRobot is a fully automated investment service for alternative lending platforms including Lending Club, Prosper and Funding Circle.
About Lend Core, LLC:
Based in Denver, Colorado, Lend Core is the parent company of NSR Invest and LendingRobot. The company serves over 8,000 clients and manages over $150M in assets.
