The Cambridge Centre for Alternative Finance (CCAF) has launched CCAF.io, a single platform for its suite of digital tools to provide interactive fintech market data.
The integrated digital platform hosts the Cambridge FinTech Ecosystem Atlas, a tool to identify, track and analyse fintech entities and their activities over time and geographies.
The tool also contains the Cambridge Alternative Finance Benchmarks, which features the latest global market data and insights based on CCAF’s research on digital lending and digital capital raising.
It also creates a new home for the Cambridge Bitcoin Electricity Consumption Index which explores the scale and implications of the Bitcoin network’s electricity consumption.
The CCAF said it was able to launch the platform and its digital tools following foundational funding from the UK’s Foreign, Commonwealth & Development Office as part of the Cambridge Alternative Finance Collaboration Network, and support from Invesco and the Asian Development Bank Institute.
“By bringing together these digital tools under one roof at CCAF.io, we hope to create a digital knowledge platform that will provide essential data, visualisations and analytics to shed a light on global fintech market development and inform evidence-based decision-making,” said Bryan Zhang, executive director of CCAF.
“As the fintech ecosystem continues to grow rapidly, we intend to create more impactful and scalable digital tools to help both public and private sector stakeholders better navigate the changing landscape of digital transformation.”
“The UK government through the Foreign, Commonwealth & Development Office is pleased to partner with CCAF to support their expert work on financial innovation and enabling regulatory environment,” said Sian Parkinson, inclusive digital finance lead at the UK Foreign, Commonwealth & Development Office.
“We welcome the launch of CCAF.io as a single platform for accessing CCAF’s digital tools.
“Evidence shows that development of fintech markets around the world has been highly uneven, and hampered by the lack of empirical data, timely information and actionable insights to inform regulation and business decision-making, especially in developing economies.
“Tools hosted on this platform can facilitate fintech market development and effect evidence-based regulatory changes globally, resulting in better outcomes for financial inclusion, economic growth, and ultimately poverty reduction.”