The growth of alternative finance in recent years has been largely due the difficulty small businesses have had obtaining traditional bank loans. Wondering where the alternative funding model booming and which industries have been the most enthusiastic?
Then have a look at our report:
Mapping European Alternative Finance
Below is combined value of online alternative finance, peer-to-peer lending and crowdfunding by European country.
| Country | Alternative Finance Funding Volume ($ Millions) |
|---|---|
| UK | $20,713 |
| Germany | $1,434 |
| France | $1,394 |
| Latvia | $641 |
| Finland | $569 |
| Spain | $530 |
| Switzerland | $410 |
| Netherlands | $390 |
| Poland | $310 |
| Italy | $267 |
| Estonia | $263 |
| Denmark | $222 |
| Lithuania | $192 |
| Sweden | $184 |
| Slovakia | $174 |
| Ireland | $138 |
| Austria | $33 |
| Bulgaria | $31 |
| Portugal | $13 |
The Million Dollar Club
Crowdfunding is one of the most important financial mechanisms in existence. We’ve taken 175 projects that received over $1 million in funding and broken them down by sector.
| Type | Number of Crowdfunding Projects | Average Funding ($ million) | Most Valuable Crowdfund | Amount Raised ($ million) |
|---|---|---|---|---|
| Video Game | 38 | $9.1 | Star Citizen | $217 |
| Computing Hardware | 32 | $2.6 | Coolest Cooler | $13 |
| Blockchain | 31 | $177.7 | EOS | $4,000 |
| Other | 24 | $8.5 | Elio Motors | $102 |
| Movie/TV | 12 | $3.3 | Critical Role: The Legend of Vox Machina Animated Special | $8 |
| Board Game | 9 | $4.3 | Kingdom Death: Monster 1.5 | $12 |
| 3D printing | 7 | $5.7 | Glowforge | $28 |
| Wearable Tech | 6 | $6.7 | Pebble Time | $20 |
| Food | 5 | $4.4 | Flow Hive | $13 |
| Software | 5 | $4.7 | FirstBlood Crowdsale | $6 |
| Camera | 2 | $3.4 | PlexiDrone Camera Drone | $2 |
| Community | 1 | $18.4 | We The People Will Fund The Wall | $18 |
Alternative Finance Vs GDP
We’ve compared the volume of alternative finance contributions per capita to GDP per capita so see which nations are developing more sophisticated marketplaces for alternative finance.
| Country | TOTAL FUNDING VOLUME PER MILLION PEOPLE ($ MILLIONS) | TOTAL FUNDING VOLUME ($ MILLIONS) | GDP PER CAPITA |
|---|---|---|---|
| Latvia | $299.4 | $572 | $15,594 |
| UK | $276.2 | $18,494 | $39,720 |
| Estonia | $179.8 | $234 | $19,705 |
| Finland | $91.3 | $508 | $45,703 |
| Lithuania | $59.9 | $172 | $16,681 |
| Switzerland | $42.5 | $366 | $80,190 |
| Denmark | $34.3 | $198 | $56,308 |
| Slovakia | $28.4 | $155 | $17,605 |
| Ireland | $25.5 | $124 | $69,331 |
| Netherlands | $20.3 | $348 | $48,223 |
| France | $19.0 | $1,244 | $38,477 |
| Sweden | $16.4 | $164 | $53,442 |
| Germany | $15.5 | $1,281 | $44,470 |
| Spain | $10.2 | $474 | $28,157 |
| Poland | $7.3 | $276 | $13,812 |
| Italy | $4.0 | $239 | $31,953 |
| Bulgaria | $3.9 | $27 | $8,032 |
| Austria | $3.4 | $30 | $47,291 |
| Portugal | $1.1 | $12 | $21,136 |
Sources & Methodology
Data for alternative finance and crowdfunding were pulled from recent reports from both 2017 and 2018 studies. Crowdfunding case studies were sourced from a variety of platforms and collated to give an overall ranking for projects that were funded in excess of $1 million.
- orcamoney.com
- crowdfundinghub.eu
- jbs.cam.ac.uk
- ey.com
- crowdfundingblog.com
- kickstarter.com
- thebalancesmb.com
To learn more about companies offering alternative business finance see:
- Top 28 Business Loans
- Business Loan Calculator: How Much Can You Borrow In 2019?
- Top 23 Unsecured Business Loans: Compare & Borrow Up To £500k
- Top 10 Start-Up & New Business Loans For Small Businesses In 2019
- Top 14 Working Capital Loan Providers
- Top 14 VAT & Business Tax Loan Providers
- Top 7 Merchant Cash Advance Providers
- Top 29 UK Invoice Finance Brokers & Providers
- Invoice Factoring Cost Comparison: Top 23 Companies In The UK
- Invoice Discounting Cost Comparison: Top 25 UK Companies
- Top 19 UK Asset Based Finance & Lending Companies
- Top 17 UK Commercial Mortgage Providers
- Commercial Mortgage Calculator
- Top 13 Property Development Finance Providers
- Top 13 Commercial Bridging Finance & Loan Provider Comparison
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