---
title: "Kuflink Soars: Doubling Profits and Delivering More in 2024"
description: "Kuflink is thrilled to announce a record-breaking year.
In 2022-2023, we more than doubled our profits, reaching a staggering £1.89 million – a testament to our commitment to growth and innovation..."
image: https://news.kuflink.com/hubfs/Kuflink%20Soars.png
---
[](http://kuflink.com)
[Sign in](https://invest.kuflink.co.uk/login)
[Sign Up](https://invest.kuflink.co.uk)
#### The Kuflink Peer to Peer Investor Blog
**Publish at: **2024-01-16 12:58:33
# Kuflink Soars: Doubling Profits and Delivering More in 2024
We're thrilled to announce a record-breaking year for Kuflink, the award-winning financial lender you trust.
In 2022-2023, we more than doubled our profits, reaching a staggering £1.89 million – a testament to our commitment to growth and innovation.
This success wouldn't be possible without the incredible Kuflink team. CEO Narinder Khattoare extends his gratitude to every Kuflink user, acknowledging their dedication and resilience in navigating economic uncertainties.
But our achievements go beyond simply increasing profits. We're constantly striving to improve your experience, and here's how:
- Boosting loan funding:
In 2023, we secured a £35 million structured funding facility from Paragon Bank. This provides us with increased capital, opening doors to exciting new funding options and ensuring more loans get funded. This, alongside our thriving P2P platform, fuels our scalable growth and cements our position as a reliable financial partner.
- Revolutionising the application process:
We're embracing cutting-edge technology to streamline the loan application journey. This means faster, simpler, and more efficient loan processing, saving you valuable time and effort. Get ready for an even smoother experience in 2024.
- Protecting your investments:
At Kuflink, your trust is our priority. We're proud to say that since our inception in 2016, we've maintained a track record we're committed to upholding, providing you with complete peace of mind.
Kuflink's 2023 success is just the beginning. We're excited to leverage our increased profit, enhanced funding, and technology advancements to offer you an even better service in 2024.
Stay tuned for exciting updates, and thank you for being part of the Kuflink journey:
### Our Awards
     .png)
| |
| --- |
| | |
| --- | --- |
| |
| --- |
| |
| |
Share to Facebook Facebook Facebook Share to Twitter Twitter Twitter [Share to LinkedIn LinkedIn LinkedIn ](http://www.linkedin.com/shareArticle?mini=true&url=https://news.kuflink.com/investors/kuflink-soars-doubling-profits-and-delivering-more-in-2024)
[
Kuflink Soars: Doubling Profits and Delivering More in 2024
](https://news.kuflink.com/investors/kuflink-soars-doubling-profits-and-delivering-more-in-2024) [
IF-ISA, beginner's guide to earning £1m Interest Tax-free!
](https://news.kuflink.com/investors/if-isa-beginners-guide-to-earning-1m-interest-tax-free) [
Is Peer to Peer Lending Safe? Coffee with Kuflink's Head of Collections
](https://news.kuflink.com/investors/is-peer-to-peer-lending-safe-coffee-with-kuflinks-head-of-collections)
[](https://apps.apple.com/gb/app/kuflink-p2p-investments/id1398370769)
[](https://play.google.com/store/apps/details?id=com.kuflink.invest)
- [ © 2021 Kuflink Group Plc](https://www.kuflink.com/)
- [Risk Warning](https://www.kuflink.com/legal/risk-warning/)
- [****](https://www.linkedin.com/company/kuflink-ltd/)
- [****](https://twitter.com/kuflinkuk)
- [****](https://www.facebook.com/kuflinkuk)
- [****](https://www.youtube.com/channel/UCJPmr9ciVNZfs9eGSiEcP6Q)
**Lender/Investor Risk Warning**
***** Don't invest unless you're prepared to lose money. This is a high-risk investment. You may not be able to access your money easily and are unlikely to be protected if something goes wrong. **[Take 2 mins to learn more.](https://www.kuflink.com/risk-warning-summary/)**
† Gross annual interest equivalent rate (compounded annually (Pool) / monthly (Select)) - [FAQ](https://kb.kuflink.com/knowledge/annual-interest-equivalent-rate)
[](https://apps.apple.com/gb/app/kuflink-p2p-investments/id1398370769)
[](https://play.google.com/store/apps/details?id=com.kuflink.invest)
[](https://invest.kuflink.co.uk/)
Copyright © 2023 Kuflink Group Plc. All Rights Reserved.
Kuflink ® is a registered European Community trademark (No. 79295020 & 79295083) and a registered United States trademark (No. 1553541 & 1553358) of Kuflink Group Plc.
Kuflink Ltd (Incorporated in England & Wales: Co. No. 08460508) is authorised and regulated by the Financial Conduct Authority (FRN: 724890) as an Online P2P Platform. Kuflink Ltd has been approved by the Board of HM Revenue and Customs to act as an ISA manager in May 2017 to offer Innovative Finance ISAs - [ISA manager No - Z1943.](https://www.kuflink.com/wp-content/uploads/2020/11/Kuflink-Ltd-HMRC-ISA-Manager-Certificate.png) Kuflink Ltd has its registered office at Level 1, Devonshire House, One Mayfair Place, Mayfair, London, W1J 8AJ
.
[](https://play.google.com/store/apps/details?id=com.kuflink.invest)
[](https://apps.apple.com/gb/app/kuflink-p2p-investments/id1398370769)
#### Media Hub
- [Blog](https://www.kuflink.com/blog)
- [News](https://www.kuflink.com/news/)
#### Follow Us
- [** ](https://www.facebook.com/kuflinkuk)
- [** ](https://twitter.com/kuflinkuk)
- [** ](https://www.linkedin.com/company/kuflink-ltd/)
- [** ](https://www.youtube.com/channel/UCJPmr9ciVNZfs9eGSiEcP6Q)
- [ © 2021 Kuflink Group Plc](https://www.kuflink.com/)
- [Risk Warning](https://www.kuflink.com/legal/risk-warning/)
- [****](https://www.linkedin.com/company/kuflink-ltd/)
- [****](https://twitter.com/kuflinkuk)
- [****](https://www.facebook.com/kuflinkuk)
- [****](https://www.youtube.com/channel/UCJPmr9ciVNZfs9eGSiEcP6Q)
Kuflink Ltd is authorised and regulated by the Financial Conduct Authority (FCA) (Registration Number 724890). Kuflink Ltd has its registered office at 21 West Street, Gravesend, Kent, DA11 0BF, under company number 08460508. Kuflink Ltd has been approved by the Board of HM Revenue and Customs to act as an ISA manager in May 2017 to offer Innovative Finance ISAs - ISA manager No - Z1943.
Kuflink Bridging Ltd is authorised and regulated by the Financial Conduct Authority (FCA) (Registration Number 723495). Kuflink Bridging Ltd has its registered office at 21 West Street, Gravesend, Kent, DA11 0BF under company number 07889226.
Kuflink One Ltd is authorised and regulated by the Financial Conduct Authority (FCA) (Registration Number 922026). Kuflink One Ltd is registered in England at 21 West Street Gravesend, Kent DA110BF under company number 12206864.
© 2021 Kuflink Group Plc. All rights reserved. Kuflink ® is a registered European Community trademark (No. 1553541 & 1553358) and a registered United States trademark (No. 79295020 & 79295083) of Kuflink Group Plc.
*Capital is at risk and Kuflink is not protected by the FSCS. Past returns should not be used as a guide to future performance. Securing investments against UK property does not guarantee that your investments will be repaid and returns may be delayed. Tax rules apply to IF ISAs and SIPPs and may be subject to change. Kuflink does not offer any financial or tax advice in relation to the investment opportunities that it promotes. Please read our risk statement for full details.
© 2021 Kuflink Group Plc