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21st March 2019

Marketplace lending sees record £6bn year, but growth slows

Marketplace lending hit a record £6.1bn in 2018, according to Link Asset Services’ inaugural Marketplace Lending Index, powered by Brismo (formerly named AltFi Data).

The value of gross marketplace lending conducted by tech-enabled platforms (which includes crowdfunded or peer-to-peer loans) reached a quarterly record of £1.6bn in Q4, up 13.9% year on year.

The record end to 2018 marks an impressive rise for this form of lending.  In 2011, new gross lending amounted to just £92m. It now takes a shade under six days for marketplace platforms to originate this amount. 

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