The Peer to Peer Finance Association (P2PFA) in the UK have just published the data for the first 6 months of 2014 showing impressive growth in the P2P lending industry.  The rate of flow of funds through p2p platforms has doubled over the last 6 months.  New lending increased from £247.4 million in Q1 to £272.7 million in Q2.

According to the data compiled by P2PFA members, lenders have lent over £500 million in the first half of 2014 carving a path to lend over £ 1 billion for the year – an important milestone for the young industry.  The P2PFA states that lending for businesses continues to rise faster than consumer lending and is heading towards parity for the year.

In UK groeit P2P lending naar GPB 1 miljard