P2P Money Blog

Peer-to-peer lending turns 10 today, which can only mean that today is Zopa's 10th birthday.  Many happy returns (excuse the pun)!

We should also remember that peer-to-peer lending originated here in the United Kingdon with the launch of Zopa - "The first lending and borrowing exchange" back in 2005.

Here are some interesting statistics for Zopa:

• Over £750m lent to date
• £266m lent in 2014 alone
• £334m in outstanding loans
• £46m in interest returned to lenders
• 58,000 lenders
• 107,000 borrowers
• 0.58% historic default rate 2005-2015
• Average lent £6,800 per lender
• Average loan size £7,250
• Largest lender - £2.3m lent

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