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isePankur.ee attracting British lenders
isePankur.ee, the Estonian peer-to-peer provider, has been attracting an increasing number of British lenders. Pärtel Tomberg, CEO of isePankur.ee, told P2P Money that UK lenders now make up the third biggest group of lenders on the platform after Estonians and Germans. British lenders make up €630,000 (8.2%) of the €7.7million outstanding loans. For those who registered in 2013, UK lenders make up 13% of the total.
Data from P2P-Banking.com, our European equivilent, indicate that isePankur.ee increased its monthly loan amount in October by over 440% compared with the same month in the previous year. In the UK, this growth is only exceeded by ReBuildingSociety, which was a new entrant to the sector in 2012.