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First Global Crowdfunding Index to be launched by BBD UK, Crowdsurfer and Academy of Internet Finance

April 19, 2017 • By TAB team

BBD, Zhejiang University Academy of Internet Finance (AIF) and Crowdsurfer join forces to provide World’s first comprehensive crowdfunding Index

BBD, Zhejiang University Academy of Internet Finance (AIF) and Crowdsurfer join forces to provide World’s first comprehensive crowdfunding Index

London, UK – BBD-FNB Ltd. (BBD UK), leading big data provider announces the launch of its new Global Crowdfunding Index. In partnership with Academy of Internet Finance (AIF) and Crowdsurfer Ltd. The index will capture information from thousands of platforms worldwide, enabling investors to access reliable information and assess investment opportunities and manage risks.

Embracing a diversity of sub-sectors, including donation, reward, and equity crowdfunding, peer to peer lending, invoice trading and increasingly, real estate finance. Development worldwide has been phenomenal. In China, in the year 2015 the alternative finance market grew by 312% - and exceeded in total USD $100 billion. In Europe, the UK has taken the lead, with well-developed equity and debt crowd finance markets. Globally, excluding China, an estimated $100B has passed through platforms since its inception.

There are currently an estimated 5000 established crowd finance platforms, and an average of 50 new platforms being launched each month worldwide. This dramatic growth makes new approaches to analysis and information provision essential to enable investors, entrepreneurs and governments to optimise the direction and evolution of this young new industry.

Helen Wang, CEO of BBD UK, said: “The joint forces amongst three strong partners each enjoys an industrial leadership spread across big data analytics, research and development and information technology in crowdfunding would unleash an unprecedented attempt to offer a revolutionary product that is going to shape the financial industry”.

Professor Shenglin Ben, Dean of AIF, said: “We are delighted to work with our partners in Britain, which constitutes an important and integral part of our globalization strategy. As a leading academic institution in FinTech research, AIF considers globalization one of its cornerstones."

Emily Mackay, CEO of Crowdsurfer, said: “This index is going to be the world’s first true measure of online marketplace-based finance in all its forms. We’re proud to be bringing our detailed industry data expertise and big data analytics technology to this new partnership.”

About Crowdsurfer: Headquartered in Cambridge, UK. Crowdsurfer is building the world's trusted, data intelligence service for the global ‘crowd’ finance phenomenon. Crowdsurfer provides those who seek to participate in or serve the industry with the market intelligence they need to be successful. Using big data engineering and machine learning, the company maps, augments and interprets the information provided by hundreds of finance platforms globally spanning equity, debt (P2P), rewards, donations and other forms of marketplace based financial transactions.

About BBD-FNB Ltd. (BBD UK): BBD UK is a China-rooted big data fintech company specialises in Index products which is a real time based big data-driven approach that helps investors, regulators and policy makers to gain a closer look at the economic tendency. Headquartered in Chengdu, China, BBD's UK operation was established in 2016 with a front office in London and an R&D centre in Cambridge. BBD is leading the tendency of real-time based analytics for economic development and driving for better investment decisions. In 2016, BBD has been included in China Leading Fintech 50 in KPMG’s list and awarded as the local rising star among start-up companies by Deloitte, in addition, being selected as one of the top 50 valuable companies for investment in China.

About Academy of Internet Finance (AIF): Academy of Internet Finance (AIF), Zhejiang University is headquartered in Hangzhou - one of the foremost FinTech hubs in China and the world. The first, and broadest, interdisciplinary research institute of its kind in China, AIF boasts the unrivalled connectivity with industry and government authorities, as it has served as the founding presidency of Zhejiang Association of Internet Finance, alongside Ant Financial, a global FinTech leader. Since its inception in 2015, AIF has taken a global perspective with its academic boards as among the most international of its kind with members hailing from leading institutions in China and abroad.