Alternative Finance in Europe Reaches €5.4b with 92% Growth

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Alternative Finance in Europe Reaches €5.4b with 92% Growth

Postby » Tue Sep 13, 2016 11:50 am

This article was written by Alessandro Ravanetti, the co-founder and CMO of Crowd Valley, a global fintech company.

The alternative finance industry in Europe continues to grow at impressive pace.

According to a new report entitled “Sustaining Momentum”, prepared by the Cambridge Centre for Alternative Finance (CCAF) of the University of Cambridge Judge Business School, which tracks and benchmarks the development and growth of P2P lending and crowdfunding in Europe, the online alternative finance market grew by 92% year on year, reaching €5.4 billion in 2015.

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