British Altfi topped £10bn in funds delivered

New milestone for British alternative finance as the industry has passed the £10bn mark in cumulative funding delivered, news report.

According to AltFi’s data,  volumes have continued to grow post-Brexit, with the third and fourth quarters of 2016 constituting records for the industry.

altfi_data_uk_alternative_finance_origination_hits_10_billion

However, large parts of the sector are still on stabilisers from a regulatory standpoint. A number of peer-to-peer platforms have recently been given full authorisation by the FCA, but the very largest players continue to operate under interim permissions, and have done for some time.

Find out more HERE.

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s