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Growth in UK marketplace lending stagnates

After steep rise early in 2016, loans originated by UK P2P platforms in July are set to be stuck at same level as April

Growth in UK marketplace lending stagnates
Photo: iStockPhoto

Growth in loans originated by the UK’s marketplace lenders is slowing thanks to a long list of difficulties – to which anxiety about Brexit may be added.

Alternative finance data provider AltFi Data estimates that UK P2P platforms will have originated between £260 million and £290 million in loans July, in line with the amount lent monthly since April.

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