Lantern

📍 Leeds, United Kingdom🗓 Founded 2008👥 94 employees💰 Last funded Oct 2019
Financial Services🌐 lanternuk.com
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Lantern is an award winning Debt Purchaser operating for the past 13 years, working with lenders to acquire and manage customers identified as experiencing financial difficulty & vulnerability. Accredited in 2021, for the second year in succession, with a GOLD award from Investor In Customers, Lantern has acquired c3m customers with a face value of c£1.4bn. During this time we have developed rigorous compliance processes and unique customer journeys, providing both our lenders and customers the very highest level of assurance. Lantern are majority owned by Copper Street Capital LLP with an additional £30m facility funding from both Shawbrook and Paragon Bank, providing Lantern with substantial investment for growth and increased financial expertise. Lantern know that there are different ways to approach the purchase and collection of consumer debt. We happen to believe in doing it the right way, with humility and dignity. Lantern is a trading style of Lantern Debt Recovery Services Ltd
3
Total investors
0
Early stage
0
Mid stage
2
Late stage
2008
Founded

Investors

3 investors
All
Early stage
Mid stage
Late stage
Investor geography2 countries
United Kingdom
2
Germany
1
Investor activity2017–2019 · investors recorded per year
2017220191
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Lantern?
Lantern has 3 investors on record on gritt.io and 2 late-stage investors.
When did Lantern last raise funding?
The most recent investment in Lantern recorded on gritt.io was in October 2019.
When was Lantern founded?
Lantern was founded in 2008.
What industry is Lantern in?
Lantern operates in Financial Services. Find similar Financial Services investors on gritt.io.
Where is Lantern based?
Lantern is headquartered in Leeds, United Kingdom.