Earlier this year the Centre for Alternative Finance at Cambridge Judge Business School, in co-operation with professional services firm E&Y, released a pan-European study of the alternative finance market. The study, titled “Moving Mainstream”, can be considered the most comprehensive study on the subject released to date.
The researchers studied the peer-to-peer consumer lending sector (a subset of the alternative finance market) and reported an impressive growth of 272% between 2012 and 20141. The study estimated that the P2P consumer lending market in the UK reached a volume of EUR 752m in 2014, with peer lenders in other European countries contributing another EUR 274.62m1.
Continue reading “European Peer Lending: Has it Gone Mainstream or the Opportunity is Still there?”