LendInvest, the AIM-listed UK property finance platform, has chosen Pepper Advantage’s PRISM software to run its credit management operations, making LendInvest the first external client since Pepper turned PRISM into a commercially available SaaS product, according to Pepper Advantage’s announcement of 3 November 2026. LendInvest’s own FY26 results presentation, published in July 2026, already listed in-house servicing on the AI-enabled Prism platform as a simplification step and put annualised servicing costs at minus 40%, Fintechbits found. The LendInvest PRISM release gives no contract value.

What the LendInvest PRISM deal covers

PRISM brings credit workflow automation, a customer portal, digital tools and real-time portfolio analytics. LendInvest chose it after what the release calls a comprehensive review of technology providers across credit and lending. The two companies already worked together before this deal.

Daniel O’Connor, chief operating officer at LendInvest, said PRISM was chosen to “reduce our loan-servicing costs, and provide valuable data to the business about portfolio performance.” Gary Stockley, chief product officer at Pepper Advantage, called it “a major validation of our technology and product vision.”

The detail worth noticing is the model. LendInvest’s deck describes the plan as in-house servicing on Prism. That suggests LendInvest keeps the customer relationship and the servicing team while Pepper supplies the software. It is different from outsourcing servicing to a third party, and it should keep the servicing fees LendInvest earns on third-party loans inside the group.

Fintechbits analysis

Why servicing costs matter to LendInvest

LendInvest earns more than half of its net operating income from fees on other people’s capital: £23.7 million of £43.2 million in FY26. Of its £3.82 billion of platform assets under management at 31 March 2026, the FY26 deck says 75% was third-party money, on which LendInvest earned loan servicing fees of 0.23% of average AUM, down from 0.24% a year earlier. With the fee yield drifting down, the way to protect margin is to service each loan more cheaply.

That is the story of LendInvest’s year. It returned to a pre-tax profit of £3.2 million for the year to 31 March 2026, from a £1.2 million loss, on record originations of £1.44 billion, up 17%. Average headcount fell 5% to 192 while lending grew, and underlying administrative costs fell 5% to £33.3 million. The LendInvest PRISM switch is the next step in that cost programme.

What Pepper Advantage gets

For Pepper Advantage, which manages €75 billion of assets across Asia, Europe and the UK, an outside paying customer turns PRISM from an internal tool into a product. Pepper has been buying servicing businesses, including agreeing to buy the Irish lender Dilosk, which Fintechbits covered in July, and the UK mortgage servicing business it acquired from Computershare. Selling the software to lenders that keep servicing in-house opens a second revenue line.

Why the LendInvest PRISM choice is a test for servicing software

Loan servicing technology is attracting serious money: Valon raised a Series D at a $2.3 billion valuation in October, Fintechbits reported. LendInvest has put a hard number on the benefit before signing, which makes this a measurable test. If the LendInvest PRISM saving of 40% shows up in its accounts, Pepper has a reference case worth more than the contract. The risk sits with LendInvest: migrating a live loan book to new software while lending at a record pace is where servicing errors and customer complaints usually appear.

Frequently asked questions

What is PRISM?

PRISM is Pepper Advantage’s AI-driven credit management platform, covering credit workflows, a customer portal and real-time portfolio analytics. LendInvest is its first external client since Pepper made it available as SaaS.

Why did LendInvest choose PRISM?

LendInvest said PRISM will reduce loan-servicing costs, improve service and give better data on portfolio performance. Its FY26 presentation put the expected cut in annualised servicing costs at 40%.

How big is LendInvest?

LendInvest reported £5.48 billion of funds under management and £3.82 billion of platform assets under management at 31 March 2026. It says it has lent more than £10 billion since it began.

What to watch next

LendInvest’s interim results will be the first place to check the LendInvest PRISM migration and whether servicing costs are falling as the deck promised. A second external PRISM client for Pepper Advantage, particularly a UK lender without a prior relationship, would show the software can sell on its own merits.