Ratesetter (& Zopa) sales performance charts 2Q 2015
Jul 20, 2015 12:10:25 GMT
westonkevRS likes this
Post by c88dnf on Jul 20, 2015 12:10:25 GMT
I attach my quarterly spreadsheet showing loans made by Ratesetter (and, as I also have an interest in them, Zopa) for 2Q15. The period has been extended by 3 weeks to cover RS' "cash back" period. The first indications are that the offer has led to increased loan sales. Good for RS and possibly good for RS' investors in the long term, though it feels rather painful to this investor at the moment.
You can put your own interpretations on the numbers, but to me the most noticeable fact is that the P2P marketplace is still growing strongly. Whether P2P is an accurate description in these days of institutional tie-ups is a moot point: perhaps "disruptive finance offerings" might be closer?
I should point out that sales do not equate 1:1 to an increase in the loan book: some loans get repaid during the analysis period. However RS' policy of open data enables the amount on loan to be seen. So, over the period of this spreadsheet, the loan book has increased by about £63M which equates to 46.6% of new loans sold. That figure seems reasonably consistent over the long term. Perhaps @zopamat can provide equivalent data for Zopa?
Anyway, enjoy the graphs....
RS rolling weekly lending.xls (58.5 KB)
You can put your own interpretations on the numbers, but to me the most noticeable fact is that the P2P marketplace is still growing strongly. Whether P2P is an accurate description in these days of institutional tie-ups is a moot point: perhaps "disruptive finance offerings" might be closer?
I should point out that sales do not equate 1:1 to an increase in the loan book: some loans get repaid during the analysis period. However RS' policy of open data enables the amount on loan to be seen. So, over the period of this spreadsheet, the loan book has increased by about £63M which equates to 46.6% of new loans sold. That figure seems reasonably consistent over the long term. Perhaps @zopamat can provide equivalent data for Zopa?
Anyway, enjoy the graphs....
RS rolling weekly lending.xls (58.5 KB)
