UK Marketplace Lending to Hit £7bn in 2019

An index powered by Brismo (formerly AltFi Data) shows that gross marketplace lending in the country grew by £1bn to a record £6.1bn in 2018; the increase was driven by demand for invoice finance and business loans; the current forecast shows marketplace lending to hit £7.3bn in 2019 but the creators of the index also note that that the market faces increased regulation and economic uncertainty; Peer2Peer Finance News shares other recent data points as part of the report. Source