It’s been more than a decade since the first marketplace lenders entered the lending scene. Zopa established itself in 2004 to provide loans to consumers, while FundingCircle followed shortly after targeting investments in small and medum-sized enterprises. Alongisde RateSetter, both firms make up the big three MPLs in the UK market.
Investors go digital in hunt for yield
Marketplace lending has traditionally fallen beneath the radar of institutional investors, but digital finance strategies can help connect them to the growing market.
