Lending Review

By Sukhwinder Shoker on 24th August 2015

Top 5 UK P2P Platforms by Market Share

Lending Review

Rank Platform Last 3 Month Market Share Month to Date Volume Cumulative Origination
1 Zopa 22.14% £31.4m £1004.3m
2 Funding Circle 20.88% £31.7m £777.4m
3 RateSetter 18.38% £23.2m £747m
4 Market Invoice 11.91% £18.3m £478.6m
5 LendInvest 7.50% £.m £365.4m

Source: www.altfidata.com

Zopa surpassed the £1bn mark in cumulative originations and becomes the first European marketplace lending platform to do so. Driving a significant rise in monthly volumes for the platform has been a marked increase in the diversification of the supply of capital as well as types of borrowers accepted. AltFi Data has recently had a look into the impact institutional activity is having on cumulative originations across Funding Circle, RateSetter and Zopa. It will be very interesting to see the various blends of retail and institutional financing preferred by platforms.

The UK AltFi sector smashed passed the quarter billion milestone for the month of July bringing forth yet another industry record. A number of platform records were established in July, undoubtedly contributing to a surge in monthly volume.

In other analysis, AltFi Data has been digging into MarketInvoice’s loanbook looking at metrics such as number of transactions, average term, gross yield and crystallised loss. Market Invoice are also on the verge of being included in the Liberum AltFi Returns Index (LARI), which tracks the returns generated from marketplace lending. As of the end of July there has been a slight uptick in returns for investors which currently stand at 5.34%. 

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AltFi Amsterdam Summit 2018

AltFi is returning to Amsterdam for its second annual Summit in the city. The inaugural event last year was a roaring success, with key figures from across Continental Europe's alternative finance and digital banking sectors highlighted. These included Jeroen Broekema, managing director of Funding Circle Netherlands, and Mieke van Engelen, head of innovative partnerships at ABN AMRO's standalone lending platform, New10.

5th November 2018


Companies in this Article:

Funding Circle
MarketInvoice
AltFi Data
RateSetter
Zopa
Liberum
Circle

People in this Article: