“We believe that peer-to-peer lending is a brilliantly innovative new form of finance – which we want to see continue to grow and evolve.

P2P platforms and fintech provide competition, ideas, and technology – making people’s lives better and the markets more effective”.

– Harriett Baldwin Economic Secretary to the Treasury speech at P2PFA Summit Oct 2015

Peer-to-Peer Finance is bringing much-needed new competition and choice to the banking market in the UK providing funds to creditworthy individuals and businesses. Through peer-to-peer lending and invoice finance platforms, businesses and consumers can ‘rely on each other‘ for lending and borrowing services, providing lenders and investors with attractive rates of return, and credit worthy borrowers with competitive access to finance.

The P2PFA represents over 90 per cent of the peer-to-peer lending market in the UK including consumer lending, business lending and invoice finance funding for small businesses.  Our role is to educate, advocate, influence, represent and inform.  The P2PFA’s membership currently comprises: FundingCircle, Landbay, Lendingworks, LendInvest, MarketInvoice, RateSetter, ThinCats and Zopa (please see our members page for more details).  The P2PFA requires members to operate by a strict set of rules in order to promote high standards of conduct and consumer protection.