The platform targets financial advisers looking for fixed income alternatives but has also seen growth from direct investors.
Adviser-focused P2P lending platform Octopus Choice has passed £200m of assets under management (AUM), according to a statement by the firm.
This represents an increase of 100 per cent of AUM since December 2017.
Launched in April 2015, the platform offers yields of up to 4 per cent from from P2P loans secured against property.
"It shows that there really is a big demand out there for straightforward and simple investment solutions, giving everyday investors an alternative way to invest their money. It's great to be at the forefront of that,” said Sam Handfield-Jones, Head of Octopus Choice.
“And we built Octopus Choice to be flexible, too. Since launching a little over two years ago, we’ve had £40 million successfully withdrawn – although, of course, this is no guarantee of future performance.”
Handfield-Jones says there has also been a ramp in the amount of direct investors looking to put their money to work with Octopus Choice.
“Whether it’s to provide an income in retirement, or to diversify an investment portfolio away from stocks and shares, there’s plenty of reasons investors choose us,” he added.
Octopus Choice says it has “conservative” loan-to-values averaging around 60 per cent with each loan underwritten by the lending team within Octopus Property, part of the wider Octopus group.