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Post by explorep2p on Jul 15, 2017 6:37:46 GMT
Current P2P volumes are like the snow flake on top of the iceberg. In the eurozone,cumulative P2P lending is 0.07% of current banking assets. The UK is similar Current P2P investors are the equivalent of the guys hanging out in the garage with Jobs and Wozniak I'm curious to understand your thinking here. Would you elaborate? I'm not taking the proverbial, I think different and / or contrary views are interesting, and contribute something, even if and when people disagree with them.... Cheers, RM Sure. My point is that although P2P has been around for some time, it is still absolutely tiny in the whole scheme of things, and has massive potential to grow from here. Eurozone banking assets are around 33.5 trillion euros. Total P2P lending so far in Europe has been under 3 billion. There is clearly good potential for significant further growth, and where we are today is still in the extremely early stages. The growth will be not just driven by the disparity in size between banking and P2P, it will also be driven by technology, and things like the EU PSD2 directive that will give startups much better access to data.
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daveb4
Member of DD Central
Posts: 220 
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Post by daveb4 on Jul 15, 2017 13:25:35 GMT
It all depends on a big company going down or giving the industry a bad name eg FC, Z etc the mass market will drop like flies but I am sure the strong smaller companies will continue to get support. On this basis up until that happens there is still a couple of years to go before we hit a standard 6/ 7% interest and a 75%/80% LTV. I will be out before then however although there may be some nice boring 5% protected accounts in an ISA where I do not need to spend time monitoring everything to justify a decent return.
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