On the 19th October 2015, BondMason opened its virtual doors to investors for the first time. Three years on, we’re proud of how we’ve enabled our clients target attractive returns and helped a few good causes along the way.
Since coming to life 3 years ago, BondMason has invested over £45 million on behalf of our clients. We’ve reviewed over 120 platforms, with less that a third hitting the mark of our robust due diligence criteria. Our clients have received over £1.5 million in interest and we’ve invested in over 6,000 direct lending opportunities.
CEO of BondMason, Stephen Findlay said
‘When we opened for new investors in October 2015, few would have predicted some of the global events that would follow over the next three years: Trump being elected (we’re not political, but that’s ridiculous); uncertainty around Brexit; and renewed hope in England’s football team (sadly not a trait extended to my Newcastle United). Against this backdrop, global equity markets have continued their volatility, and many have enjoyed the benefits of a continued bull run. However, for all its bluster, the FTSE 100 has delivered a total return of just 7.7% from October 2015 to October 2018; yet over the same period BondMason’s steady-but-consistent performance has yielded a total return of 18.5%. Proof, if needed, that a tortoise can outperform the hare.
The BondMason story so far
BondMason was the brain child of a mutual interest between our founders Stephen Findlay (CEO) and James Russell (CTO), who saw the opportunity to make investing in Direct Lending more accessible. Stephen’s background in Investments and James’ technical expertise were (and still are) a perfect combination. With the help of Operations Manager, Sam and Investment Director, Lisa, the concept was brought to life.
By 2016 the team had expanded and we moved just across the road from Stephen’s office in the attic, to our current office at Kinsbourne Court, Harpenden. There are now 14 members of the team based here, and a further 4 working remotely. With 8 new starters since BondMason moved to Kinsbourne Court, it won’t be long until we’ve reached full capacity and need to find a new home for the expanding team.
Doing our bit
With more than three quarters of the team based in Harpenden, our local community has always been an important part of the culture at BondMason. We’re committed to supporting the local community, by working with local businesses and suppliers (read our #Keep it Local blog) and sponsoring various local initiatives, in addition to charity fundraising. We’ve bought sports kits for local schools, sponsored the local amateur dramatics society in their production of ‘Oliver’ and are in the process of buying a much-needed piece of equipment for the children’s ward at Luton and Dunstable hospital.
The BondMason foundation has changed the lives of nearly 40 individuals and communities, through our partnership with KIVA. We’ve supported micro-loans in 22 different countries, all of which have enabled the recipients to access new opportunities and better their circumstances.
Our thank you to you
As part of our third anniversary celebrations, we wanted to give something back to our clients. Our new ‘Refer a Friend’ scheme now offers a ‘Referral Bonus’. When you tell a friend about us and they invest in a BondMason product, you both receive a cash bonus of £50.
Final thoughts from Steve
“We owe a big thank you to every member of our community, partners, investors and, of course, our team, who all believe in our mission. They are all, in some way, helping BondMason to become the UK’s go-to direct lending service for both investors and their advisors. Our passion and commitment has driven our success so far and we’re excited about taking the business to the next level.”
“We don’t know what’s in store over the next three years, but we will remain diligent, conservative and focused on continuing to achieve steady, stable returns for our clients.”
Nothing in this article should be construed as advice. Your capital is at risk.