The COVID-19 pandemic has disrupted how people interact with one another and their surrounding environments. Hence, it is not surprising that it has impacted how financial services and products are accessed and used. The first edition of our COVID-19 research, The Rapid Assessment Study, was...

This first edition of ‘The ASEAN Access to Digital Finance Study’, aims to provide valuable data and insights into how individual households, consumers, and micro, small and medium enterprise (MSME) customers use digital alternative finance channels, such as online digital lending and...

This edition of ‘The SME Access to Finance: A Deep Dive into LATAM’s Fintech Ecosystem’ provides insights into micro, small and medium enterprises’ (MSMEs’) access to funding through the alternative finance industry in Latin America (LATAM). The study looks at key factors influencing...

The level of detail in legal regulation clarifies the limits on what is permissible. We show that the publication of explicit regulation appears to significantly increase country crowdfunding volume in a global sample of digital finance platforms. Using proxies for regulatory detail across three...

This year’s report is titled ‘Shifting Paradigms’ to, in part, emphasise the continued growth and development of the European Alternative Finance Industry, but also underscore that these patterns of growth can develop and change as the sector continues to develop and mature. Throughout the...

The objective of this study is to gain a better understanding of the FinTech landscape in the ASEAN region and how it has been evolving within each country. The FinTech ecosystem is constituted of interrelated and purposively congruent stakeholders, including FinTech companies, financial...

Regulating Alternative Finance – Results from a Global Regulator Survey is a report that details the key findings from a global regulatory survey that was jointly conducted by the World Bank and the Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business...

Credit markets around the world are undergoing a deep transformation. Fintech and big tech firms are providing more lending to households and small businesses. A new database estimates that fintech credit flows reached USD 223 billion in 2019, while big tech credit reached USD 572 billion. What...