Peer-to-peer lending data for second quarter 2016

Levels of peer-to-peer lending during the second quarter of 2016 have been published, with cumulative lending by the sector amounting to more than £5.8 billion — £658 million of which took place between April and June 2016.

Commenting on the data, the Chair of the Peer-to-Peer Finance Association, Christine Farnish, CBE, said: ‘the main story behind these latest figures on peer-to-peer lending is the continued expansion in the number of investors and borrowers – with more than 150,376 lenders and 332,107 borrowers currently using P2PFA platforms. More borrowers – both individual and businesses – underscores that peer-to-peer lending is now a mainstream alternative finance product, engaging an increasing number of participants’.


Notes to Editors

Peer-to-peer lending – regulated by the Financial Conduct Authority since April 2014 – involves direct matching of funds between investors and borrowers through an on-line platform. Investors range from retail consumers to institutional investors as well as the government. Borrowers range from consumers, small businesses, property developers and buy-to-let. Peer-to-peer lending platforms are able to match investors and borrowers directly for a fraction of the cost of traditional financial services entities, providing benefits to customers on both sides of the transaction.

The table below shows aggregate levels of peer-to-peer lending by member platforms of the Peer-to-Peer Finance Association over the last two quarters.

Q2 aggregate data

The table below shows Peer-to-Peer Finance Association platform level lending data over the last four quarters:

platform level cumulative

Robert Pettigrew (Policy & Communications’ Director, Peer-to-Peer Finance Association):
e-mail –; telephone: 07771-547462