“The recent funding partnerships show investors backing Lendable’s platform and approach to UK consumer credit. Investors are not taking on two-month transactions but taking a much longer-term view on the relationship and wider macro credit backdrop,” [Rory McHugh, Lendable’s chief capital officer] said. Lendable has distributed more than £650m in loans to UK consumers to date, and has roughly £400m in outstanding loans. This year it forecasts advancing £500m in loans.

https://www.ft.com/content/b21c13f0-a709-11e9-984c-fac8325aaa04