RateSetter has experienced strong growth as the UK peer-to-peer lending market leader, with 219% growth in 2013 significantly outpacing the overall UK P2P market growth of 107%. RateSetter operates a peer-to-peer lending platform that directly connects savers and borrowers, having matched over £252 million in loans to provide borrowers with lower-cost loans and savers with better returns on their savings compared to traditional banking.