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Survey Finds UK Continues as Top Alternative Lending Originator in 2016
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Survey Finds UK Continues as Top Alternative Lending Originator in 2016

Survey Finds UK Continues as Top Alternative Lending Originator in 2016

Fintech Nexus Staff·
EuropeNews RoundupOnline Lending
·Dec. 20, 2016·1 min read

A survey from TWINO and KPMG provides statistics on alternative lending market trends in Europe; says UK alternative lending volumes are four times higher than the rest of Europe; consumer loans account for 72% of online lending in Europe; the European online alternative lending market has grown by 23% since the end of 2015, reaching lending volume of 600 million euros ($623.39 million) as of September 30, 2016; UK has 81% of market share; geographic location across Europe is becoming less of a factor as advanced technologies are the main driver for platform success.  Source

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