This also includes a record month of lending at Zopa as the platform lent £27 million in October alone.
In reaching this milestone, Zopa has now lent a total of £657 million with 38 per cent of this total being lent in the last 12 months.
Giles Andrews, Zopa’s CEO and co-founder said: “We are delighted to have lent a quarter of a billion pounds in 12 months. To put that into perspective Zopa has lent more in the last year than we had lent in seven years of lending from 2005-2012.
“The industry growth we’re seeing really goes to show that P2P lending is fast becoming a mainstream activity. Our mission is to always provide great value to our customers by making money simple and fair.”
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