Growth of alternative finance in Asia-Pacific — some recent statistics

Birchal.com

A recent benchmarking survey undertaken by the Cambridge Centre for Alternative Finance at Cambridge Judge Business School, the Tsinghua University Graduate School of Shenzhen and the University of Sydney has revealed the staggering pace at which alternative finance models, including peer-to-peer lending, reward and equity crowdfunding, are growing in the Asia-Pacific region.

Some interesting statistics from the 2015 Asia-Pacific Alternative Finance Benchmarking Survey include (amounts in US Dollars):

• Excluding mainland China, $169.97 million was crowdfunded using crowdfunding platforms (donation, reward and equity) in 2015 — up from $74.36 million in 2014
• Excluding mainland China, the average amount raised in 2015 for an equity crowdfunding campaign was $778,062 . The average for a reward crowdfunding campaign was $31,411.
• China is the world’s largest online alternative finance market by transaction volume, registering $101.7 billion (or RMB 638.79 billion) in 2015, equating to approximately 99% of all alternative finance in the Asia-Pacific region
• After China, Japan boasts the next largest online alternative finance market $360.23m in 2015, followed by Australia ($348.37m), New Zealand ($267.77m), South Korea ($41.18m), India ($39.91m) and Singapore ($39.76m).
• Peer-to-peer lending dominates the alternative finance industry, accounting for approximately 90% of all alternative finance in the Asia-Pacific region
• Excluding mainland China, the rest of the Asia-Pacific region recorded a volume of USD $1.12 billion in 2015 with a 313% year-on-year growth rate from the $271.94 million raised in 2014

The full report can be viewed here:

Matt Vitale — matt@birchal.com