UK leads the way in alternative finance

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.

http://www.cityam.com/279277/uk-leading-way-crowdfunding-and-p2p-lending-rest-europe