Global economy

Online alternative financing for SMEs

26/07/2022 PNG

In 2020, significant changes were seen in the volume of online alternative finance transactions -- a means of soliciting funds from the public through an intermediate platform, usually the Internet. The United States dominated the alternative finance market, growing by 71.7%. The Czech Republic (108%) and Japan (105%) registered the largest increases in volumes transacted, while declines were seen in the Netherlands (-82%) and New Zealand (-33%).

See also: Financing SMEs and Entrepreneurs 2022: An OECD Scoreboard.