In November, 2015 we reported that the most comprehensive study was being conducted on marketplace lending for the Americas by the University of Cambridge. The same research center has just released their UK study of the entire alternative finance industry there. The report titled “Pushing Boundaries” was released today and was headed up by the Cambridge Centre for Alternative Finance at the University of Cambridge and Nesta. While the report shows how 2015 was all about pushing boundaries, the report proposes that 2016 is when alternative finance goes mainstream.
In total 94 companies participated and included many of the top companies in marketplace lending in the UK. The report highlighted three key themes: increasing market share, the real estate crowdfunding opportunity and fraud and malpractice fears. The full report can be viewed on KPMG’s website who also was a partner on the study. Below are a few highlights from the report: [Read more…]