LendingMetrics, a Fareham-based credit risk technology company, has received a significant investment from LDC. Established in 2010, LendingMetrics specializes in software and data services that assist businesses in making automated, risk-based lending decisions. This investment aims to enhance the company's growth in the rapidly expanding UK decisioning software and data market.

LDC's support will empower LendingMetrics' management team, including co-founders CEO Neil Williams and commercial director David Wylie, to accelerate product development in the financial services sector and broaden their consultancy and data services partnerships. Additionally, the funding will facilitate potential acquisitions and diversification into new industries.

Neil Williams expressed pride in the company's achievements over the past 14 years and emphasized the importance of LDC's backing for further growth, particularly in research and development. He highlighted the success of established products like ADP and innovative offerings such as DeeJoop, aiming to expand their suite of risk solutions while maintaining their commitment to client value and service.

David Wylie echoed this sentiment, noting the significance of partnering with a respected investor like LDC, which is dedicated to fostering the growth of UK businesses. He acknowledged the LendingMetrics team's role in building a strong reputation in the decisioning technology sector and looked forward to leveraging their market position to explore new opportunities.

Oliver Schofield, LDC's Investment Director, praised LendingMetrics for developing a sophisticated technology stack that positions them as a trusted partner in credit risk technology. The investment transaction was led by Schofield, along with investment manager Vera Kuehne and partner Dewi Hughes.

LendingMetrics received advisory support from Sequence Advisers for corporate finance and RWK Goodman for legal matters. LDC was advised by various firms, including FRP Corporate Finance and Womble Bond Dickinson, among others, for due diligence across financial, commercial, and technical aspects.

This investment marks a significant step for LendingMetrics as it seeks to enhance its capabilities and expand its influence in the technology and financial services sectors.