Role of AltFi Data in Bringing Transparency to P2P Lending

Bankless Times highlights AltFi Data, speaking to Rupert Taylor, founder and CEO; the company is an independent source of data to the European peer-to-peer lending market; currently tracks 28 UK originators and detailed loan level data on Zopa, Funding Circle, RateSetter and MarketInvoice; Taylor stated: “The right model doesn’t involve the institutional investor duplicating that credit decision making process performed by the originator. But investors can use verified data to understand the historic performance of the assets, and to identify originators that are prepared to use disclosure in a way that holds them to account for the quality of the loans they originate.” Source