Despite trepidations radiating from Brexit the P2P market in the UK remains strong. On Friday of last week the independent ratings agency 4thWay reported on the health of 12 peer-to-peer players in the property field. According to CrowdFund Insider<\/a>, \u201cCombined, these platforms have lent \u00a31.6 billion since 2013. Returns have ranged from 2.25% to 12.7% and lender losses have been placed at zero at 11 out of the 12 platforms.\u201d This news underscores the resilience of this asset class.<\/p>\n On Wednesday, P2P-Banking<\/a> published the updated loan originations of several key players in the P2P market in October. The chart shows an increase for Bondora over the same period last year, of 78%.<\/p>\n On Friday, The Irish Times<\/a> reported on the initial efforts to introduce the growing world of P2P lending to Ireland. The outlet explains, \u201cfather-and-son team Padraig and Padraig Rushe, is aiming to bring the first personal peer-to-peer lending platform to Ireland.\u201d The move evidences the underserved demand for quick and affordable loans in under banked regions.<\/p>\n Business Insider<\/a> on Thursday reported on the state of \u201cFinTech\u201d amid aggressive competition. The author highlighted the ability of technology to accelerate growth in the market place explaining, \u201cP2P lending marketplaces are growing much faster than traditional lenders.\u201d In the coming years only the best are expected to survive. Those who emerge will be the low cost, high satisfaction providers.<\/p>\n
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