Donation-based crowdfunding: Quarterly market value in the UK 2014 and 2015

Quarterly market value of donation-based crowdfunding on the alternative finance sector in the United Kingdom (UK) in 2014 and 2015

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Sources

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Release date

February 2016

Region

United Kingdom

Survey time period

1st quarter 2014 to 4th quarter 2015

Special properties

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

Supplementary notes

* Real data calculation for quarters one to three and an estimation for quarter four of 2014.

The source defines donation based crowdfunding as follows: "Individuals donate small amounts to meet the larger funding aim of a specific charitable project while receiving no financial or material return in exchange".
The methodology is clarified by the source as follows: "[...] 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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