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UK Marketplace Lending to Hit £7bn in 2019
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UK Marketplace Lending to Hit £7bn in 2019

UK Marketplace Lending to Hit £7bn in 2019

Fintech Nexus Staff·
EuropeFintechNews Roundup
·Mar. 18, 2019·1 min read

An index powered by Brismo (formerly AltFi Data) shows that gross marketplace lending in the country grew by £1bn to a record £6.1bn in 2018; the increase was driven by demand for invoice finance and business loans; the current forecast shows marketplace lending to hit £7.3bn in 2019 but the creators of the index also note that that the market faces increased regulation and economic uncertainty; Peer2Peer Finance News shares other recent data points as part of the report. Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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