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UK P2PFA Releases First Quarter Report on Marketplace Lending
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UK P2PFA Releases First Quarter Report on Marketplace Lending

UK P2PFA Releases First Quarter Report on Marketplace Lending

Fintech Nexus Staff·
EuropeNews RoundupOnline Lending
·Apr. 27, 2017·1 min read

Cumulative lending for the Association’s members is now GBP8.5 billion; the Association’s nine platforms originated GBP1.004 billion ($1.29 billion) in the first quarter with originations led by Funding Circle with GBP328.1 million ($421.6 million); business lending originations totaled GBP636.2 million ($817.5 million) and reported an increase of 17% from the previous quarter and 43% from the first quarter of 2016; overall, Zopa leads cumulative originations with GBP2.17 billion ($2.79 billion) and Funding Circle is following at a close second with GBP2.16 billion ($2.78 billion). Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

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