0000000000230274

AUTHOR

Karsten Wenzlaff

showing 5 related works from this author

The Global Alternative Finance Market Benchmarking Report

2021

For the first time, the Cambridge Centre for Alternative Finance has consolidated its annual regional reports to produce one global benchmarking report, with the intention of presenting world-wide online alternative finance data for 2018.This report presents the key findings from the CCAF annual global survey of online alternative finance. In all, 1,227 unique firms contributed to this study, providing 2,322 firm-level observations globally. Investigating in crowdfunding, P2P/marketplace lending or related capital raising activities, the study shows that 47 per cent of the firms were operating in two or more countries or jurisdictions. Highlights from the report In 2018, the global alternat…

FinancePensionbusiness.industryFinancial instrumentInstitutional investorBenchmarkingEquity crowdfundingbusinessChinaDatabase transactionFinancial servicesSSRN Electronic Journal
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Expanding Horizons: The 3rd European Alternative Finance Industry Report

2018

The 3rd Annual European Alternative Finance Report presents the most comprehensive analysis of the status of alternative finance industry in Europe, covering more countries, alternative finance models, as well as industry trends and developments than was available in its predecessors. Much effort has been placed on data quality verifications and clarifications in an ongoing productive and collaborative dialogue with all platform informants and research partners. Here, we wish to acknowledge their invaluable contributions, without which this report could not have been written. Overall, the data collected shows that 2016 saw European alternative finance doubling its volumes from 2015, and con…

Competition (economics)Early adopterConsolidation (business)Market economybusiness.industryPer capitaAccess to financeDiversification (marketing strategy)Service providerbusinessFinancial servicesSSRN Electronic Journal
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Crowdfunding in Europe: Between Fragmentation and Harmonization

2020

AbstractThe European crowdfunding market is growing rapidly, especially in continental Europe. At the same time, cross-border activities are still constrained. Fragmented markets, especially caused by differences in regulation, are an obstacle to growth of crowdfunding platforms. The European Union introduced the European Crowdfunding Service Provider (ECSP) Regime in 2019. This harmonized regime applies to crowdfunding platforms intermediating equity and debt investments between businesses and retail investors. This chapter discusses evidence on the fragmented nature of the European crowdfunding market, while presenting the ECSP directive, as a critical regulatory initiative towards harmon…

business.industrymedia_common.quotation_subjectEquity (finance)HarmonizationInternational tradeService providerDirectiveVDP::Samfunnsvitenskap: 200::Økonomi: 210DebtObstaclemedia_common.cataloged_instanceBusinessEquity crowdfundingEuropean unionmedia_common
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The 4th European Alternative Finance Benchmarking Report

2021

This year’s report is titled ‘Shifting Paradigms’ to, in part, emphasise the continued growth and development of the European Alternative Finance Industry, but also underscore that these patterns of growth can develop and change as the sector continues to develop and mature. Throughout the region, platforms have continued to grow, respond to regulation, and expand operations internationally. In some regions, model prominence has shifted, allowing for others to grow. At times, this has been a response to the development or lack of regulation, or simply a result of competing market forces. Last year’s report, ‘Expanding Horizons’, sought to exemplify the positive developments in European Alte…

FinanceFinancial innovationProduct innovationbusiness.industryMarket dataOperational efficiencyBenchmarkingBusiness modelMarket sharebusinessFinancial servicesSSRN Electronic Journal
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Expanding horizons : The 3rd European alternative finance industry report

2017

This report presents the research findings from the 3rd Annual European Alternative Finance Industry Survey, which systematically records the development of this industry during 2016. This research was carried out by the Cambridge Center for Alternative Finance at the University of Cambridge Judge Business School, with the support of 29 major European industry associations and research partners, in partnership with BBVA.

ComputingMilieux_MISCELLANEOUSVDP::Social science: 200::Economics: 210::Business: 213
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