News

P2P real estate is building in a big way

July 13, 2017 • By TAB Content

The P2P real estate industry has grown 23% to-date to £4.7bn, three quarters of all alternative lending in the UK. The three top players Funding Circle, Zopa and RateSetter dominate with more than 90% of volume whereas the likes of Relendex, Landbay are fighting for crumbs of market share. The biggest player in China is Wancai, followed by Lending Club in the US, Maneo leads Japan while Kapitaal OpMaat tops the Netherlands. The UK is still the gorilla in the space with property P2P dwarfing the rest of the world by a multiple of times. According to TAB's data, the Brits love their brick and mortar!