Yesterday we reported the UK P2PFA Q4 2016 peer to peer lending numbers showed solid growth for online lending. Today we have numbers from OFF3R that captures the activity of 9 UK peer to peer lending platforms.
According to the OFF3R Index, p2p lending grew by 38% in 2016 increasing by £732 million during the year topping £2.653 billion. OFF3R posits that a drop in interest rates in August may have spured the lending sector as investors sought out alternatives to holding cash. There was also the growing interest in IFISAs as there are now 10 platforms that allow P2P lending...
The comment you're trying to see no longer exists.
Republic does not verify information provided by companies on this Portal and makes no assurance as to the completeness or accuracy of any such information. Additional information about companies fundraising on the Portal can be found by searching the EDGAR database.