We use cookies to improve your experience on this site. By viewing our pages, you give us consent to use cookies. Find out more.

Don’t invest unless you’re prepared to lose all the money you invest. NextFin promotes high - risk investments and you are unlikely to be protected if something goes wrong.
Take 2 minutes to learn more.

P2PFA Q2 Data Shows Growth Slows for Peer to Peer Lending

Posted 7 years ago

Share this article:

The UK Peer to Peer Finance Association have just release the data for Q2 of 2016 to show that lending currently stands at £5.8bn with around £658 Million lent in Q2. This shows a dip from Q1 which was a total of £715 Million. However the quantity of both lenders and borrowers increased and the figures show the market is still very active.  There are now 150,376 lenders and 332,107 borrowers across the peer to peer platforms, showing it’s a big player as a financial lending product as well as investing.

   Data sourced from P2PFA


Looking at the data you can see that Zopa still holds the lead, followed by Funding Circle.

We believe the total number of users will continue to increase as alternative finance continues to become more apparent and the visibility and education is increasing. There are lots of events and discovery days about the market and businesses are now becoming knowledgeable, as well as individuals, on what their options are. Although growth has slightly dropped, the figures still show the market is booming and performing. The impact of Brexit will have played a role but alternative finance providers will be dedicated to shifting in order to suit consumer’s needs. With new products and services on the horizon, such as the new IFISA’s, it’s a very exciting time.

Remember that investing into peer to peer lending has risks involved and your capital could be lost.


Lee Nicolaou


Tagged: p2pfa ifisa innovative finance isa isa peer to peer p2p peer to peer lending p2p lending zopa funding circle alternative finance business loans loans

Be a contributor to our blog click here to contact us
Click here to sign up to our newsletter


Log in to comment

We reserve the right to remove comments which are inappropriate and/or offensive.
Comments are not the opinion of Nextfin.uk. Please read the comment guidelines
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

  • The Guardian
  • Financial Times
  • Yahoo! Finance
  • The Times
  • The Daily Telegraph