This study, based on a survey of over 600 online alternative finance companies across the Asia-Pacific, reveals that Australia’s US$610 million alternative finance market including peer-to-peer lending and crowd-funding has grown 53 percent over the past 12 months, to become the second largest market in the region.
The research was conducted by a research team from the Cambridge Centre for Alternative Finance, the Australian Centre for Financial Studies at Monash Business School and the Tsinghua University Graduate School at Shenzhen, in collaboration with KPMG and with the support of the CME Group Foundation and HNA Capital.
Read the full article [kpmg.com]
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