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Reuters: UK alternative finance market set to surge in 2015 – study

 

Britain’s alternative finance market is forecast to more than double this year and next, said a study published on Friday, as peer-to-peer lending, invoice trading and crowdfunding shift into the mainstream.

The report from innovation charity Nesta and the University of Cambridge said alternative finance to businesses and consumers was set to hit 1.74 billion pounds in 2014, before jumping to 4.4 billion pounds in 2015.

Read the full article [uk.reuters.com]