By Sukhwinder Shoker on Friday 18 September 2015
To 5 UK Platforms by Market Share
| Rank | Platform | Last 3 Month Market Share | Month to Date Volume | Cumulative Origination |
| 1 | Zopa | 22.93% | £33m | £1055.9m |
| 2 | Funding Circle | 21.38% | £28.8m | £819.5m |
| 3 | RateSetter | 18.08% | £25.6m | £786.5 |
| 4 | Market Invoice | 11.76% | £17.2m | £502.8m |
| 5 | LendInvest | 10.36% | £m | £390.4m |
Source: www.altfidata.com
Growth in online financing activity at the top 4 UK marketplace lending platforms has accelerated in September after a slowdown in volume originations in August. To place the current month to date volumes in context, loan originations in September 2014 for Zopa, Funding Circle and RateSetter were £28.7m, £32.8m and £23m respectively. A year on, and over half way through September, the Liberum AltFi Volume Index UK is on track for a record month of origination.
Furthermore, RateSetter recently announced the onboarding of institutional funding as part of a wider strategy to diversify sources of investor capital. The platform intends to fund roughly a 3% proportion of its lending using institutional capital. We should expect to see a slight uptick in the platform’s lending growth. MarketInvoice has successfully surpassed half a billion in funding for SMEs, with over 34% of this amount being transacted in 2015 alone, highlighting the significant opportunity in invoice financing for businesses and investors.
In other news, there has been a positive change in the Liberum AltFi Returns Index, which stood at 5.4% at the end of August.
25 January 2022
Daniel Lanyon