Most major services grew the originated loan volume in January. Prosper, like Lending Club before, no longer makes data available for the recent month. Funding Circle passed the milestone of 500M GBP lent since inception, while Auxmoney crossed 150M EUR. I added Investly and Mintos. I do monitor development of p2p lending figures for many markets. Since I already have most of the data on file I can publish statistics on the monthly loan originations for selected p2p lending services.
Investors living in markets with no or limited choice of local p2p lending services can check this list of marketplaces open to international investors.
Table: P2P Lending Volumes in January 2015. Source: own research
Note that volumes have been converted from local currency to Euro for the sake of comparison. Some figures are estimates/approximations.
Notice to p2p lending services not listed:
If you want to be included in this chart in future, please email the following figures on the first working day of a month: total loan volume originated since inception, loan volume originated in previous month, number of loans originated in previous month, average nominal interest rate of loans originated in previous month.
Sam Hodges over at Funding Circle has to be smiling right now, he predicted this type of success. The surge in loans is great for young business people who were shut out before. It’s good to see more loan options available for those looking to make something of themselves and in turn boost the global economy.