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Forbes: The UK’s alternative finance sector grows by a third in just 12 months

 

The UK online alternative finance market volume grew by 35 per cent in 2017, to £6.2 billion, according to the 5th UK Alternative Finance Industry Report by the Cambridge Centre for Alternative Finance (CCAF) at Cambridge Judge Business School. Brian Zhang, Executive Director of CCAF, says the growth represents increasing maturity in the sector: “This is an industry that is playing an increasingly important role in helping consumers and businesses access finance, whilst growing to become more diversified, sophisticated and institutionalised.”

Read the full article [forbes.com]