The Global Alternative Finance Market Benchmarking Report
considerable impact on the loan portfolio of lending-platforms. Finally, the continental alternative finance market in Europe is growing, partially due to revisions to existing regulatory frameworks, but also in anticipation of the
European Crowdfunding Service Provider Regime, which will create harmonised legal framework across the continent for cross-border crowdfunding.
Figure 2.3: European Online Alternative Finance Market Volumes 2013-2018 in USD (Excluding the UK) 7.7
8000 7000 6000
103%
Billion
5000
3.8
4000 3000
63%
2.3
2000 1000
0.8
82%
0.4
102%
1.1
43%
0 2013
2014
2015
2016
Total volume by internal EU designations
2017
2018
within Europe in terms of the volume and number of platforms, but also in the ratio of debt-based and equity-based activities to the overall alternative finance volume in the region.
The previous European Benchmarking Reports have shown significant disparities across regions
Figure 2.4: Regional Alternative Finance Volumes 2016-2018 USD 10,368
12,000
Million
6754
8000
8005
10,000
6000
2016
2017
57 124 123
11 51 188
pe Eu
ro
lk en
al
Ba
ia rg eo
s
114 196 193
6 37 388 *
G
ro Eu
tr en C
Ea
st
er
n
IS
pe
ia er Ib
ly It a
cs lti Ba
cs N
or
di
nc Fr a
an m er G
e
y
x lu ne Be
U
K
0
C
78 202 414
150 191 436
141 272 533
151 265 540
357 507 825
493 747 935
272 419
2000
356 672 1,276
1,859
4000
2018
On continental Europe, the markets show considerable diversity. Due to especially strong growth of debt-based models in the Netherlands, the Benelux region (Belgium, Netherlands, Luxembourg) ranks second with $1.86 billion market volume. 2017 saw volumes in the Benelux region at only $419 million, placing the region
The UK has been and continues to be the most significant contributor to European alternative finance market volumes, with 91% of the UK volume ($9.3 billion) derived from debt-based models, 8% from equity-based models ($870 million) and the remainder from non-Investment models ($76.6 million).
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