Judge Report Claims European Alternative Finance Market Could Top €7b in 2015
The European online alternative finance market grew by 144% last year to nearly €3 billion and could top €7 billion in 2015, according to a report by the new Cambridge Centre for Alternative Finance at University of Cambridge Judge Business School and professional services organisation EY.
The report, Moving Mainstream: The European Alternative Finance Benchmarking Report, includes input from 14 key national or regional industry associations, as well as 255 leading platforms in Europe, to capture an estimated 85 per cent 90 per cent of Europe’s online platform-based alternative finance market. While previous studies have charted alternative finance in the UK, this report is the first to cover other European countries in detail.
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