The Fintech business multiplied sixfold in the last two years

Business technology finance companies, known as "Fintech" has increased sixfold over the past two years, from 35 million in 2014 to 205,500,000 in 2016. This is reflected in data Sectorial Observatory the DBK consultancy Informa, which said in a statement sent today that this growth has occurred in "a context of rapid technological development and the search for alternative funding and investment by individuals and businesses." In 2016, these businesses channeled through its financing operations worth 205.5 million euros, a figure that represents an increase of 140% over the previous year, platforms and contrasts with the 35 million euro in 2014. by segment, the "crowdfactoring" (payment of bills and discount notes) point topped 58.4% of the total, 120 million euros, while projects "crowdfunding" (collective financing) accounted for 21, 2% to 43.5 million and the "crowdlending" (loans from private individuals or business projects) 20.4% to 42 million. According to estimates by DBK, currently operating in the market "Fintech" some 65 companies, which are added another 40 dedicated to the granting of fast loans online or alternative channels. As for the forecasts of changes in the value of managed operations, DBK expects a growth of 123.8% between 2016 and 2017 and 91.3% between 2017 and 2018, and 2018 accumulated to reach the value of 1,667 million euros.

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