P2P Volumes Growing Faster And Faster

The latest figures from the Peer-to-Peer Finance Association (P2PFA) reveal that "over £500 million of new consumer and small business loans have been provided by peer-to-peer platforms since April, the fastest rate of growth yet,"  


 A year ago crowdfunding platforms were pumping out projections, but now we can see steady and sustained growth, and the sector is indeed 'Moving Mainstream', in the words of Cambridge University's top alt-fi researchers.

Cumulative lending by P2PFA members – including eight of the longest-established players in P2P crowdfunding - now stands at over £3.15 billion, according to the P2PFA.