OFF3R, a United Kingdom marketplace for alternative investments, has launched an index outlining month-on-month performance of (certain) equity crowdfunding and peer-to-peer lending platforms over the past year.
The firm noted that crowdfunding for the 9 months ended September 30, 2016 was 25% less than the same period in 2015.
Other insights from 7 platforms it analyzed:
- An average amount raised per month of £18 million across the seven platforms;
- 80,000 investments were made, with just fewer than 400 funded deals.
With respect to P2P lending, it found:
- An average amount lent per month of £197 million across the eight platforms;
- April 2016 showed a seven per cent drop due to a number of factors, such as Lord Turner’s negative comments about the P2P market and Lending Club’s loan book discrepancies scandal.