Alternative Finance in Europe grew to €5.4 billion

By Ronald Kleverlaan,  Crowdfunding Beat Guest post,

AAEAAQAAAAAAAAKcAAAAJGRlOWI1ZTAyLTIzOWMtNDQ1MS05OTRiLWZiNjUxNWFlZGEzNw

Crowdfunding strategy, CrowdfundingHub, advisor European Commission, co-founder European Crowdfunding Network

The European online alternative finance market grew 92% to €5.4 billion in 2015, according to the second annual survey by theCambridge Centre for Alternative Finance, in partnership withCrowdfundingHub, KPMG and supported by CME Group Foundation.

 

Total amount of funding between 2013-2015

Sustaining Momentum
The report released today, entitled “Sustaining Momentum”, had the support of 17 major European industry associations and research partners, and was based on data from 367 crowdfunding, peer-to-peer lending and other alternative finance intermediaries from 32 European countries – capturing an estimated 90 per cent of the visible market (for more details on Alternative Finance in Europe, check our report “Current State of Crowdfunding in Europe“, with the Alternative Finance Maturity Index).

Total amount of funding raised per country

UK, France, Germany and The Netherlands largest markets
The United Kingdom was by far the largest in Europe at €4.4 billion, followed by France at €319 million, Germany at €249 million and the Netherlands, €111 million. Other large European markets include Finland with €64 million, Spain at €50 million, Belgium at €37 million and Italy at €32 million. The Nordic countries collectively accounted for €104 million, while Central and Eastern European countries registered a total of €89 million.

Excluding the UK, the European alternative finance market grew by 72 per cent from €594 million in 2014 to €1.019 billion in 2015.

Peer-to-peer consumer lending largest
Peer-to-peer consumer lending is the largest market segment of alternative finance, with €366 million in Europe in 2015. Peer-to-peer business lending is the second largest segment with €212 million, with equity-based crowdfunding in third with €159 million and reward-based crowdfunding fourth at €139 million.

Peer-to-peer business lending biggest in The Netherlands
Online alternative business funding increased by 167 per cent year-on-year to €536 million raised for over 9,400 start-ups and SMEs across Europe. In 2013 € 117 million was raised by businesses. This increased  to € 201 million in 2014 (+72% growth) and to € 536 million in 2015 (+167%).

The Netherlands are (after UK) the largest market for peer-to-peer business lending (74 million in 2015, a growth of 34%).

Other findings:

  • Estonia ranked first in Europe in alternative finance volume per capita at €24, followed by Finland at €12 and Monaco at €10 outside of the UK.
  • Institutionalisation took off in mainland Europe in 2015, with 26 per cent of peer-to-peer consumer lending and 24 per cent of peer-to-peer business lending funded by institutions such as pension funds, mutual funds, asset management firms and banks.
  • Across Europe, perceptions of existing national regulations in alternative finance are divided. About 38 per cent of surveyed platforms felt their national regulations for crowdfunding and peer-to-peer lending were adequate and appropriate, 28 per cent perceived their national regulations to be excessive, and a further 10 per cent said current regulations were too relaxed.
  • The biggest risks perceived by the alternative finance industry are increasing loan defaults or business failure rates, fraudulent activities or the collapse of platforms due to malpractice.

The full report can be downloaded from: https://www.jbs.cam.ac.uk/faculty-research/centres/alternative-finance/publications/sustaining-momentum

Alternative Finance Maturity Index 2016
More in-depth information on Alternative Finance in Europe can be found in “Current State of Crowdfunding in Europe“, with the Alternative Finance Maturity Index 2016.

Tags: , , , , , , , , , , , ,

HEADLINE NEWS

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news [...]

The VergeNeill Blomkamp's Firebase crowdfunding campaign comes to an ...The VergeJust over a week after announcing its crowdfunding campaign to fund a sequel to its short concept film Firebase, Neill Blomkamp's Oats Studios has pulled the plug on the project, and says that i [...]

ForbesNeed To Fund Your Health Idea? How About Crowdfunding? - ForbesForbesGot an idea that you think will change the face of health or public health? Don't know where to go to get funding to launch the idea? Worried that you won't be able to convince one person or one organ [...]

Billy PennMore than in other cities, Philly families resort to crowdfunding for funeral costsBilly PennOf the top 45 crowdfunding campaigns in Philadelphia currently listed on the site, 25 are looking for help paying for memorials. GoFundMe recognizes the need, and even has a page ded [...]

Stuff.co.nzJeremy Elwood and Michele A'Court: Crowdfunding is like buskingStuff.co.nzStormy Daniels is currently raising US$75,000 a week through crowdfunding to cover her legal expenses against Donald Trump. OPINION: Husband-and-wife comedians and commentators Jeremy Elwood and [...]

WDJTWoman accused of stealing from crowdfunding account she set up for grieving familyWDJTMINNEAPOLIS (WCCO) — A 49-year-old Minnesota woman faces charges for allegedly stealing money from a crowdfunding account she set up for a family who suffered a loss, according to the Hennepin Co [...]

Joplin Globe'Grow with us': Empire Market launches crowdfunding effort ahead of openingJoplin GlobeTo help provide those amenities, Downtown Joplin has begun a crowdfunding effort ahead of the market's Saturday opening day. DJA was the only Joplin-based organization sel [...]

FierceBiotechCNS Pharma turns to crowdfunding to advance glioblastoma drugFierceBiotechCNS Pharma has launched a fundraising drive for a phase 2 study of a drug for glioblastoma, the form of brain cancer that has claimed the lives of Senator Ted Kennedy and Vice President Joe Biden [...]

Popular ScienceAnker's smart home brand is crowdfunding a new security systemPopular ScienceWe don't typically post about Kickstarter campaigns, but Eufy—like their parent company Anker—makes excellent products that are more reliable and interesting than the average crowdfun [...]

Crowdfund InsiderPremium Cider Brand Cranes Launches Second Equity Crowdfunding Campaign on SeedrsCrowdfund InsiderCranes, a UK-based premium cranberry cider brand, has launched its second equity crowdfunding campaign on Seedrs. The debut of the latest funding round comes less than tw [...]

CFB Finance

Marketwired

  • Crowdfunding
  • Crowdfund
  • Peer to Peer Lending
  • FinTech
  • Reg A+
  • Reg CF
  • Crowdfunding USA

Press Release

Live Crowdfunding .tv

What's Next Step in Regulation A+ JOBS ACTS Title IIII :L Interview : Steve Cinelli with Brian Korn Securities and Crowdfunding/Peer-to-Peer Lending Lawyer, Watch more video library | Conference | Interview | Campaign Showcase | Research | Education |