Dallas, TX -- (SBWIRE) -- 01/07/2011 -- Peer-to-peer lending has taken a small but growing share of gross advances in the UK unsecured personal lending market since the concept was born in 2005. It is now a viable alternative option for lenders and borrowers alike.
Analyses and forecasts the shape and size of the peer to peer lending market
Identifies main competitors and their business strategies
Considers future avenues of market developmentPeer-to-peer lending has seen its market share of gross advances increase as a result of the credit crisis. However, it remains a small part of the unsecured personal lending market in the UK.
Zopa was the UK’s only player in the peer-to-peer lending market from 2005 to 2009, however recently there have been two new entrants into the market; Yes-Secure and Funding Circle. This has created more competition in the market and highlighted the low barriers to entry.
UK Personal Lending 2010: Peer to Peer Lending
Gain a comprehensive understanding of the Peer-to-Peer lending market
Make informed market decisions by understanding the future size and potential threat of peer-to-peer lending on the retail banking sector
Enhance credibility during sales pitches by understanding the future direction of the peer-to-peer lending market
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