The three best stocks to get onboard with the P2P revolution

It’s early days in the P2P finance revolution, but there are already promising listed businesses to buy, says David C Stevenson.

It's early days in the revolution, but there are already promising listed businesses to buy, says David C Stevenson.

The alternative finance sector has been growing at a phenomenal rate in the last few years, and I suspect that there's evenmore upside to come. Yet anyone looking to put some of their money to work in this constantly evolving area needs to move carefully there are huge opportunities, but there are also some very obvious risks.

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Liberum AltFi volume index£1.96bn£899.8m164%
P2P consumer lending£911.2m£321.7m99%
P2P business lending£697.9m£390.9m251%
Invoicefinancing£301.1m£158.4m257%
Equity crowdfunding£45.0m£28.8m386%
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Zopa£600.0m£161.2m67%
Funding Circle£341.5m£141.9m143%
RateSetter£311.25m£160.5m217%
MarketInvoice£227.5m£124.8m270%
LendInvest£106.4m£90.5m1,588%
Wellesley & Co.£73.8m£69.9m24,500%
David C. Stevenson
Contributor

David Stevenson has been writing the Financial Times Adventurous Investor column for nearly 15 years and is also a regular columnist for Citywire. He writes his own widely read Adventurous Investor SubStack newsletter at davidstevenson.substack.com

David has also had a successful career as a media entrepreneur setting up the big European fintech news and event outfit www.altfi.com as well as www.etfstream.com in the asset management space. 

Before that, he was a founding partner in the Rocket Science Group, a successful corporate comms business. 

David has also written a number of books on investing, funds, ETFs, and stock picking and is currently a non-executive director on a number of stockmarket-listed funds including Gresham House Energy Storage and the Aurora Investment Trust. 

In what remains of his spare time he is a presiding justice on the Southampton magistrates bench.