Digital Market Outlook: FinTech alternative finance transaction value growth UK 2022

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.
Statista’s Digital Market Outlook offers forecasts, detailed market insights and essential performance indicators of the most significant areas in the “Digital Economy”, including various digital goods and services. Alongside revenue forecasts for 50 countries worldwide, Statista offers additional insights into consumer trends and demographic structure of digital consumer markets.

Growth of FinTech alternative finance transactional value in the United Kingdom (UK) from 2017 to 2022

Characteristic	Growth
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Release date

June 2018

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Region

United Kingdom

Survey time period

2016

Supplementary notes

* Estimate.

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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