The new report covers data from platform activity in 52 countries in Africa and the Middle East, and includes survey data from over 77 alternative finance platforms reporting activity in the 2016 calendar year.
SMEs increasingly see alternative finance as the way forward, a survey suggests.
Ronald Kleverlaan: “In Europe there are plenty of innovative SMEs with great ideas but limited knowledge on how to get funded.” [Interview]
Equity crowdfunding shrinks in France as a recent study by KPMG confirms a contraction of the sector in 2016.
While consolidation exists within certain jurisdictions, new platforms continue to emerge while others disappear. Surviving platform operators continue to innovate and expand, bringing new products and channels to their local and foreign markets.
The institutionalisation of funding during 2016 continued to grow, Cambridge’s Centre for Alternative Finance at Judge Business School confirms.
Also reporting the lowest level of female participation, a study shows.
ECN is looking for answers from senior executives of crowdfunding platforms.
The company launched the first secondary market within the industry last Tuesday.
The move confirms a trend according to which traditional financial institutions have begun to partner with equity crowdfunding platforms.