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SHIFTING
PARADIGMS
THE 4
TH
EUROPEAN ALTERNATIVE
FINANCE BENCHMARKING REPORT
TANIA ZIEGLER, ROTEM SHNEOR,
KARSTEN WENZLAFF, ANA ODOROVIĆ,
DANIEL JOHANSON, RUI HAO, LUKAS RYLL
The Cambridge Centre for Alternative Finance (CCAF) is an international and interdisciplinary research centre based at
the University of Cambridge Judge Business School. It is dedicated to the study of innovative instruments, channels,
and systems emerging outside of traditional finance. This includes, among others, crowdfunding, marketplace lending,
alternative credit and investment analytics, alternative payment systems, cryptoasset, distributed ledger technology
(e.g. blockchain) as well as related regulations and regulatory innovations (e.g. sandboxes and RegTech)