AltFi Data was honoured to be asked to give a 30 minute main track presentation at LendIt earlier this week. We chose to examine a topical subject – the impact that institutions are having on the UK peer to peer/marketplace lending. Our analysis focused on the interaction between the big three UK platforms – Zopa, RateSetter and Funding Circle – and the institutions within the space.
We take the audience through the volume growth, the difference in interest rates, term, arrears, late rates and finally the returns of the two classes of investors. The analysis reveals that institutional money is taking more risk and so far seems to be being rewarded with higher returns. More importantly we observe that institutional activity is helping the sector to innovate as well as cementing existing best practice relating to transparency and disclosure.
For those not able to get to LendIt or see our presentation on the livestream, here’s a video of Rupert at work.
You can also download our slide pack here.