P2P Money Blog

Funding Circle have passed another milestone by arranging a total of £80million in peer-to-business loans.  It was back in September 2012 when they broke the £50million mark.  Back then we calculated they were growing at a phenomenal 240% per annum.  We can now revise down this growth to 160% per annum, but this is still an amazing figure given the economical climate.

We can also publish that also in the last 5 months the peer-to-peer industry in the UK was growing at a rate of 90% per annum (this figure is based upon outstanding loan capital between September 2012 and February 2013).  This must be the one growth market within the financial services sector.