Invoice trading market value quarterly 2014-2015 statistic

This statistic shows the quarterly value growth of the invoice trading market within the alternative finance sector in the United Kingdom (UK), from the first quarter to the fourth quarter of 2014 and 2015. Alternative finance refers to instruments and channels, which developed outside of the traditional and highly regulated finance system, such as banks and capital markets. The invoice trading market value was at the level of 100 million British pounds in the fourth quarter of 2014. It amounted to 106 million British pounds in the same quarter of 2015.

Quarterly market value of invoice trading on the alternative finance sector in the United Kingdom (UK) in 2014 and 2015 (in million GBP)

Characteristic	Market value in million GBP
Q4 '15	57.19
Q3 '15	73.77
Q2 '15	86.94
Q1 '15	106.76
Q4 '14	47
Q3 '14	56
Q2 '14	67
Q1 '14	100

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Release date

February 2016

More information

Region

United Kingdom

Survey time period

1st quarter to 4th quarter 2014 and 2015

Special properties

Primary industry figures as well as extensive surveys of businesses and consumers

Supplementary notes

The source clarifies the methodology as follows: "Invoice trading: when firms sell their invoices at a discount in order to receive funds immediately rather than waiting for invoices to get paid" and "[...] the Cambridge-Nesta research team administered the 2015 UK Alternative Finance Industry Tracking Survey at the beginning of January 2016. This was carried out to collect actual transactional numbers from all four quarters of 2015, directly from alternative finance platforms, rather than projected Q4 figures as in previous studies. With the support from the online alternative finance industry, and generous help of our partners, which included the Peer-to-Peer Finance Association (P2PFA), the UK Crowdfunding Association (UKCFA) and Innovate Finance, the research team was able to successfully survey 94 leading alternative finance platforms in the UK, over the course of two weeks, capturing over 95% of the visible UK online alternative finance market."

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