NESTA report says alternative financing market has grown by 91% in past year

Thanks to Chris Newis at CROWN for this:

“A new report from NESTA, The Rise of Future Finance, reviews  the alternative finance market. It covers crowd funding, peer to peer lending, and invoice trading. According to this report the market for alternative funding grew by 91% between 2012 and 2013. Essentially, these new approaches to finance are monetising social networks and could not operate but for the web. It could be a powerful source of finance for future social enterprises.”

 

Birmingham UK. Freelance research, evaluation and policy consultant specialising in social enterprise and the third sector. I maintain the BSSEC blog and website

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