UK online lenders leave P2P behind as funding diversifies

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By Sam Kerr
24 Aug 2017

Online lenders in the UK are accelerating the move away from the peer to peer model of the early days of the market, following similar moves by US counterparts as lenders tap funds from a range of sources in 2017.

The move to diversify funding sources comes as many marketplace lenders in Europe and the US shift from acting as middleman for borrowers and lenders.

The trend was in focus this week, following the decision over the weekend by RateSetter, one of the largest UK peer to peer ...

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