April 27, 2018

RateSetter Australia notches new milestones as Gen X piles into P2P

The peer-to-peer lender has passed AUS$250m in loans.

RateSetter’s Australian arm continues to cement a strong market position down under. The platform has now passed AUS$250m in loans, with more than 10,000 investors registered.

For context, its UK mothership has lent a little shy of £2.5bn to consumers, businesses and property developers, according to AltFi Data. The Australian franchise went live November 2014.

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Published by: Five V in NEWS