This week consultant EY and the University of Cambridge published a report on Europe’s alternative finance market, highlighting its exponential growth over the past few years. The study showed that European platforms, which include peer-to-peer lenders, crowdfunders and invoice financing firms, processed €2.95 billion last year, up 144% from €1.2 billion in 2013. While the UK is leading the charge, accounting for 75% of all European flows, the report noted that the sector has been flourishing elsewhere in Europe. France ranked second with €154 million in flows last year, followed by Germany with €140 million.

http://thetally.efinancialnews.com/2015/02/fn-fintech-focus-mapping-europes-alternative-finance-sector/