China Claims World Crowdfunding Top Slot


Great Wall China

While the UK is easily the biggest and most dynamic market for crowdfunding in Europe, it is by no means the biggest market in the world. There's little doubt that China can claim that prize.

Today, we run a short extract from a Ryan Weeks' article in AltFi. Ryan's piece puts the UK scene in perspective. He interviews Spencer Li of leading Chinese platform Financera on the dynamic but volatile – and, it seems, unknowably vast - Chinese market.

AltFiLogo

"The growth of peer-to-peer lending in China has astounded and confounded Western observers. In all likelihood, more money has passed through China's peer-to-peer sector than has passed through the rest of the world's peer-to-peer lending markets combined. Nowhere else in the world will you find a peer-to-peer lending "decacorn" – Silicon Valley speak for a private tech startup with a valuation upwards of $10bn. For context, Lending Club currently carries a market cap of $3.6bn. But the flipside is that this is a market crippled by opacity. It's become commonplace to read about the latest hundred failed or fraudulent peer-to-peer lenders in China. Tighter regulation now appears to be rounding into form, but absolute clarity has yet to materialise."

M&CLogo

P2P Lending and Borrowing with Money&Co.

At Money&Co. we bring indivual lenders together with small and medum-sized enterprises (SMEs) looking fro funding. It's called peer-to-peer (P2P) business lending. Would-be borrowers should click here. Facts and tips about crowdfunding in general are available by reading our knowledge hub, here.

To learn more about getting good returns on capital potential lenders should click here. Remember, when lending your capital is at risk – please read the warnings on our Home, Lend and Frequently Asked Questions pages.

We shall have a new loan on site soon. Meanwhile, check out our Lend page to discover lenders who want to sell on their income streams.



FOLLOW MONEY&CO. ON TWITTER

Search news

You may put double quotes around your search to search for literals. Max. 4 words inside quotes (dashed words count as one word).

Allowed symbols: " ' & -

More news

2020
February
January
2019
December
November
October
September
August
July
June
May
April
March
February
January
2018
DecemberNovemberOctoberSeptemberAugust
July
June
May
April
March
February
January
2017
December
November
October
September
August
July
June
May
April
March
February
January
2016
December
November
October
September
August
July
June
May
April
March
February
January
2015
December
November
October
September
August
July
June
May
April
March
February
January
2014
December
November
October
September
August
July
June
MayMarchFebruary

Search blogs

You may put double quotes around your search to search for literals. Max. 4 words inside quotes (dashed words count as one word).

Allowed symbols: " ' & -

More from blogs

2019
2018
2017
2016
NovemberOctoberSeptemberAugustJulyJuneMayMarchFebruaryJanuary
2015
DecemberNovemberSeptemberAugustJulyJuneMayAprilMarchFebruaryJanuary
2014
DecemberNovemberOctoberSeptemberAugustJulyJune



Disclaimer: Money&Co.™ is the trading name of Denmark Square Limited, Company Number 08561817, registered in England & Wales, authorised and regulated by the Financial Conduct Authority (FCA). The company is identified on the Financial Services Register under Reference Number 727325. The registered office is 58 Glentham Road, Barnes, London, SW13 9JJ where the register of Directors may be inspected. Denmark Square Limited (ISA manager reference number Z1932) manages the Money&Co. Innovative Finance ISA.