The graph presents the growth of FinTech alternative finance transaction value in the United Kingdom in 2017, and provides a forecast thereof until 2022. Transactional value in the UK is expected to grow by approximately 30.6 percent in 2017. An overview of all Digital Markets can be found here.
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Growth of FinTech alternative finance transactional value in the United Kingdom (UK) from 2017 to 2022
Characteristic
Growth
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The Alternative Financing market segment relates to digital financial services for business customers. Included are Crowdinvesting models, which focus particularly on start-ups exchanging investment for company shares (equity-based), and Crowdfunding solutions, which are used for non-monetary compensation, for example product launches, music, art & film financing (reward-based). In view of processing complexity, this market is normally focused on small and medium-sized enterprises (SMEs) and freelancers. Bank financing is not considered, neither are any financial aspects that reach beyond the scope of small and medium enterprises or donation-based Crowdfunding models.
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Statista (Digital Market Outlook). (June 1, 2018). Growth of FinTech alternative finance transactional value in the United Kingdom (UK) from 2017 to 2022 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/497518/digital-market-outlook-business-finance-transaction-value-growth-uk/
Statista (Digital Market Outlook). "Growth of FinTech alternative finance transactional value in the United Kingdom (UK) from 2017 to 2022." Chart. June 1, 2018. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/497518/digital-market-outlook-business-finance-transaction-value-growth-uk/
Statista (Digital Market Outlook). (2018). Growth of FinTech alternative finance transactional value in the United Kingdom (UK) from 2017 to 2022. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/497518/digital-market-outlook-business-finance-transaction-value-growth-uk/
Statista (Digital Market Outlook). "Growth of Fintech Alternative Finance Transactional Value in The United Kingdom (Uk) from 2017 to 2022." Statista, Statista Inc., 1 Jun 2018, https://www.statista.com/statistics/497518/digital-market-outlook-business-finance-transaction-value-growth-uk/
Statista (Digital Market Outlook), Growth of FinTech alternative finance transactional value in the United Kingdom (UK) from 2017 to 2022 Statista, https://www.statista.com/statistics/497518/digital-market-outlook-business-finance-transaction-value-growth-uk/ (last visited August 25, 2024)
Growth of FinTech alternative finance transactional value in the United Kingdom (UK) from 2017 to 2022 [Graph], Statista (Digital Market Outlook), June 1, 2018. [Online]. Available: https://www.statista.com/statistics/497518/digital-market-outlook-business-finance-transaction-value-growth-uk/