Europe Crowdfunding 2015
- Mar 11, 2016
- 1 min read
Europe’s crowdfunding sector grew by 150% last year but remains completely dominated by UK. A new study conducted by EY found that the crowdfunding market across Europe raised €7.25bn over the whole of last year, up from €2.9 bn in 2014, with the UK accounting for around 75%.
On current trends, we expect to see alternative finance raise more than €18bn during 2016. Consumer lending remains the biggest sector but small business funding through equity, debt and rewards-based financing, is catching up.
At the end of 2015, the top European crowdfunding markets were:
Uk - UK’s crowdfunding sector has benefitted from its early-mover status and a regulatory system that has been supportive since the beginning. Peer-to-peer lending is about to win new tax breaks, paving the way for further growth, while equity crowdfunding has been helped by new investor protection rules.
France - Crowdfunding in France is growing remarkably quickly and new regulation introduced last year has eased the way for a number of launches.
Germany - Germany’s crowdfunding market is well-established, with peer-to-peer lending accounting for the lion’s share.
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