Reward-based crowdfunding market value quarterly 2014-2015 Kingdom

This statistic shows the quarterly value of the reward-based crowdfunding market within the alternative finance sector in the United Kingdom (UK), from the first quarter 2014 to the fourth quarter of 2015. Alternative finance refers to instruments and channels, which developed outside of the traditional and highly regulated finance system, such as banks and capital markets. The reward-based crowdfunding market value was at the level of 5.1 million British pounds in the third quarter of 2014. In the third quarter of 2015, it amounted to 13.12 million British pounds.

Quarterly market value of reward-based crowdfunding on the alternative finance sector in the United Kingdom (UK) in 2014 and 2015 (in million GBP)

Characteristic	Market value in million GBP
Q4 '15	8.42
Q3 '15	13.12
Q2 '15	12.21
Q1 '15	8.21
Q4 '14	8.3
Q3 '14	5.1
Q2 '14	7
Q1 '14	5.2

Loading statistic...

Download

Source

Show detailed source information?

Already a member?

Sources

Use Ask Statista Research Service

Release date

February 2016

More information

Region

United Kingdom

Survey time period

1st quarter 2014 to 4th quarter 2015

Special properties

primary industry figures as well as extensive surveys of businesses and consumers

Supplementary notes

The source adds the following information: "Within reward-based crowdfunding individuals donate towards a specific project with the expectation of receiving a tangible non financial reward or product at a later date".

The methodology is clarified by the source as follows: "[...] the Cambridge-Nesta research team administered the 2015 UK Alternative Finance Industry Tracking Survey at the beginning of January 2016. This was carried out to collect actual transactional numbers from all four quarters of 2015, directly from alternative finance platforms, rather than projected Q4 figures as in previous studies. With the support from the online alternative finance industry, and generous help of our partners, which included the Peer-to-Peer Finance Association (P2PFA), the UK Crowdfunding Association (UKCFA) and Innovate Finance, the research team was able to successfully survey 94 leading alternative finance platforms in the UK, over the course of two weeks, capturing over 95% of the visible UK online alternative finance market."

Citation formats