The UK alternative finance market was the largest amongst European countries, with €5.6bn of deal volume during 2016, compared with next largest, France, at €444m. Germany and the Netherlands both had over €150m of volume during 2016, whilst Finland were close at €142m.
Adjusted for population, Estonia had the second-strongest market after the UK. This could be a reflection of their e-residency programme and general policy driving technology-based business.
Overall, during the year 2016 alternative finance across the EU grew 43% to €7.67bn.
If you are interested to read further, the Cambridge Centre for Alternative Finance publish reports regularly to an exceptional standard. This report in particular can be found here.
Birmingham | Leeds | Liverpool | London | Manchester | Nottingham | Sheffield
Liquidity Club, 9th Floor, Cornerblock, 2 Cornwall Street, Birmingham, B3 2DX.
Part of the Finance 4 Business Group
© COPYRIGHT 2017. ALL RIGHTS RESERVED.