Welcome to the P2P Finance Association’s website


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.


An independent benchmarking survey of UK Alternative Finance found that peer-to-peer consumer and business lending platforms are the largest form of alternative finance in the UK with invoice trading the second largest form of finance for businesses.


[Transaction flows Jan - Nov 2013, data from Nesta Report 'The Rise of Future Finance' Dec 2013]


The Peer-to-Peer Finance Association (P2PFA) is the industry association which represents debt based alternative finance providers operating electronic platforms. The P2PFA’s membership covers over 95% of the peer-to-peer lending market and most of the invoice trading market.  Current members include: Zopa, RateSetter, Funding Circle,ThinCats, LendInvest, Madiston LendLoanInvest, Wellesley & Co and MarketInvoice


The P2PFA works to promote high standards of business conduct and consumer protection across the sector and requires members to abide by a set of P2PFA rules and operating principles. The Association also represents the sector to regulators, policy makers and other interested parties.  See the 3 minute guide to The Peer-to-Peer Finance Association 


In 2012 the Association appointed Christine Farnish CBE as the P2PFA’s Independent Chair.  Christine has extensive experience of financial services regulation and consumer protection having in the past been the FSA’s first Consumer Director, an OFT NED, CEO of the NAPF, an ASA Council Member and Chair of Consumer Focus.


The Peer-to-Peer Finance Association welcomes the FCA new regulatory regime for peer-to-peer lending starting in April 2014 and believes it is important that all firms entering this important new market should behave responsibly, treat their customers fairly and manage their risks.