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Post by westonkevRS on Mar 19, 2015 22:59:33 GMT
From a Zopa representative on another thread in this Forum, as a result of a request for the information: "we have £324.2m currently on our loan book with £290.6m of that total made of Safeguard lending since May 2013". So Zopa are the largest lender on all counts, unless I've missed something..... RateSetter has £333,896,459 currently on loan (as @ 19th March 2015). Data publicly available from the members Provision Fund page. @ westonkevRS
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bugs4me
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Post by bugs4me on Mar 19, 2015 23:16:35 GMT
Largely irrelevant in my book as turnover does not automatically equate into profit. Without profits then a business will not survive although it may soldier along for a fair while giving the illusion that all is well.
In the case of P2P, lenders accept a certain degree of risk over and above traditional savers but also require a level of assurance that their funds are as protected as is possible and whilst size may be important, it is not the be all and end all.
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Post by westonkevRS on Mar 20, 2015 6:39:00 GMT
Agreed, although I believe that based on returns of audited accounts to Companies House, RateSetter is the only P2P company in the UK that is net profitable (i.e. operating profit, not gross or how much money has been raised) @ westonkevRS
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Liz
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Post by Liz on Mar 21, 2015 12:39:06 GMT
I believe Thincats is profitable and has been for a number of years, and there are so many now it's hard to track them all.
The biggest should be based on outstanding loans by value, that makes err...the biggest. Well RS are claiming the title from above.
Do we have published p2p figures for outstanding loans?
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c88dnf
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Post by c88dnf on Mar 23, 2015 12:34:13 GMT
I believe Thincats is profitable and has been for a number of years, and there are so many now it's hard to track them all. The biggest should be based on outstanding loans by value, that makes err...the biggest. Well RS are claiming the title from above. Do we have published p2p figures for outstanding loans? Profit/loss data is available from the records each company must file annually with Companies House. I have those records for Ratesetter and Zopa as I have investments in both of them. It costs just £1 to obtain an annual report and each actually contains two year's worth of data (current year and previous year for comparison). Regarding published outstanding loans data, Ratesetter's is available in real time. Zopa have provided information when specifically asked (as @zopamat did earlier in this thread). Others appear to be coy on this kind of data.
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Post by Deleted on Mar 24, 2015 11:16:49 GMT
The outstanding loan book of Zopa currently stands at £363m. Hope that helps Mat
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c88dnf
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Post by c88dnf on Mar 24, 2015 13:17:44 GMT
The outstanding loan book of Zopa currently stands at £363m. Hope that helps Mat Thank you Mat. From the data provided, since Nov 30th 2014, Zopa's "live" loan book has increased from £324m to £363m = £39m. Over the same period, Ratesetter's loan book has increased from £257m to £336m (as of today) = £79m. Interesting....
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Liz
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Post by Liz on Mar 24, 2015 16:00:20 GMT
Crossover soon? Swingback? RS loan book £337m
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Post by Deleted on Apr 8, 2015 14:48:10 GMT
Zopa's outstanding loan book is currently £374m, our latest downloadable loan book will be going live on our site later this week.
This total is made up of purely unsecured personal loans up to a max value of £25k per loan amount.
I'll update this thread once it is live.
Mat
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Post by westonkevRS on Apr 9, 2015 5:30:53 GMT
.... or LendInvest. According to their web site statistics and confirmed by wiseclerk via the AltFi data they've lent nearly £60m in the last month. Quite astonishing. I'm unsure how much is P or I money and if they are truly P2P, but this is how they are classified and this would make them the current "largest" in terms of money matched. @ westonkevRS
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Post by Deleted on Apr 10, 2015 9:43:47 GMT
Zopa's outstanding loan book is currently £374m, our latest downloadable loan book will be going live on our site later this week. This total is made up of purely unsecured personal loans up to a max value of £25k per loan amount. I'll update this thread once it is live. Mat I have been informed by our data guys that the latest loan book is now live to download via our site for anyone interested. www.zopa.com/public-loan-book
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Post by westonkevRS on Apr 14, 2015 21:37:17 GMT
Aiui, half of FC's was institutions lending, how about the others?? Jaidev Janardana the Zopa COO is at LentitUSA and has been quoted via wiseclerk on Twitter that "30-35% od new loan book funded by institutions @lenditconf #p2plending"
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wysiati
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Post by wysiati on Apr 15, 2015 16:50:40 GMT
Zopa's outstanding loan book is currently £374m, our latest downloadable loan book will be going live on our site later this week. This total is made up of purely unsecured personal loans up to a max value of £25k per loan amount. I'll update this thread once it is live. Mat I have been informed by our data guys that the latest loan book is now live to download via our site for anyone interested. www.zopa.com/public-loan-book Is there any chance of you maintaining a proper and useful stand-alone presence for your platform on this forum or are you content simply to co-opt the threads dedicated to a key competitor?
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spiral
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Post by spiral on Apr 16, 2015 8:15:54 GMT
Is there any chance of you maintaining a proper and useful stand-alone presence for your platform on this forum or are you content simply to co-opt the threads dedicated to a key competitor? OK, for fear of being chastised. Zopa do have a thread on this foum but because Zopa have their own forum, 90% of the people that post over there, don't post over here so it never took off. It is not even on the main page now (hidden within more p2p sites). The only way that Zopa's presence on this forum would increase, would be if they were to close down their own forum. I accept that that doesn't mean they should just hijack every thread to post their own information but zopamat was just adding to an already exising discussion regarding loan book sizes.
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Post by Deleted on Apr 16, 2015 9:45:28 GMT
As mentioned by Spiral we have our own Zopa forum on our website so the majority of Zopa based discussion takes place there.
We use the P2PIF as a means to share information and respond to any questions from forum users or reps from other platforms, to ensure there is a fair and balanced view on threads or relating to certain claims.
I personally only post when required to and try not to interfere in threads. As you can see I have only posted 15 times to date here. Additionally, all the data I share relating to Zopa is also openly available to download and compare against other platforms so can be independently verified.
Hope that helps.
Mat
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