Industry Research

pwc

PwC P2P Report

According to a Federal Reserve Bank of Cleveland Report, P2P interest rates are typically lower than those of credit cards for most borrowers. This, combined with offering a perceived superior user-friendly and efficient lending and investing experience could tip the scales in P2P lender’s favour. The report examines how P2P lending works, what makes it unique and what may be next for the industry.

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nesta1

Nesta Understanding Alternative Finance

This large scale study examines the growth, trends and dynamics within the UK alternative finance sector, including crowdfunding and P2P lending. As highlighted in this report, the UK market is growing rapidly, and has more than doubled in size year on year from £267 million in 2012 to £666 million in 2013 to £1.74 billion in 2014.

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nesta2

Nesta Pushing Boundaries

In 2015 the UK online alternative finance sector grew 84%, facilitating £3.2 billion in investments, loans and donations, according to a joint report published today by the Cambridge Centre for Alternative Finance at the University of Cambridge and UK innovation foundation Nesta, in partnership with KPMG and with the support of CME Group Foundation.

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hmrc

HMRC Guidance Notes for ISA Managers

These notes provide general guidance for ISA managers on how to operate the ISA schemes. They replace all previous HM Revenue &Customs guidance. In particular, the guide explores qualifying investments for the Innovative Finance ISA, transfers and withdrawals and payments when loans default.

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liberum

Liberum Direct Lending: Finding Value / Minimising Risk

Cormac Leech is a co-founder of Liberum Alternative Finance and over the past three years he has focused on the online lending sector helping some of the leading platforms raise equity and debt capital as well as raising capital for several direct lending-focused investment trusts. In his report, Cormac looks at the size, risks and opportunities in online direct lending.

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boe

Bank of England P2P Lending and Financial Innovation in the UK

Our paper provides a quantitative analysis of nearly 14 million loan agreements. We lay bare the history of P2P lending from its beginning, showing the regional geography of P2P lending in the United Kingdom. We suggest that the history of P2P lending can shed light on financial innovation in general. We base our conclusions on four semi-structured interviews with the founders of the three most significant UK P2P platforms (Zopa, RateSetter, and Funding Circle).

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