The alternative finance market in Italy could be at a turning point. The statistics, data and trends of the past 12 months, included in the second Italian report on crowdinvesting, prepared by the Osservatorio del Crowdinvesting of the Politecnico di Milano School of Management, that has been presented on July 12th by Giancarlo Giudici, look all positive.
The crowdinvesting market has grown pretty quickly in the past twelve months. The volumes have almost tripled, reaching €189m – a 289% increase. Looking at the various sub-categories, it is invoice trading that increased more drastically, with a 560% bump to €88.5m, followed by P2P lending with €88.3m – a 178% increase, and equity crowdfunding with €12,4 million; a 123% increase. Other takeaways from the report are: the number of equity crowdfunding offerings substantially increased, doubling the number of the whole 2016 in just the first semester of 2017 and along with that, the number of the successful campaigns. Read full article below.