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Altfinator, providing an EU-validated knowledge base for Alternative Financing, is transforming the European financial landscape.
Altfinator’s initiative towards creating an EU-validated knowledge base in the field of Alternative Financing is an innovative step towards transforming the financial landscape of Europe. This white paper offers an in-depth analysis of Altfinator’s approach, its impact on the alternative finance scene, and the best practices followed.
Launched in May 2018, Altfinator, funded within the Horizon2020 program, is a 24-month project involving 10 partners. The aim is to increase awareness and enhance the capacity of the Alternative Financing (AF) ecosystem.
Altfinator’s system architecture spans across multiple countries within Europe. It involves core countries like Romania, Ukraine, Italy, Hungary, Portugal, Slovenia, Spain, Lithuania, and other outreach countries.
Key ecosystem stakeholders and consultants carried out the implementation of the Altfinator project. This global network of researchers and experts in alternative finance ensures the successful execution of the project.
Given that Altfinator resides primarily in the financial domain, the project, unlike typical tech projects, does not involve any software coding.
Altfinator has significantly impacted the European finance scene. It has established a strong rapport with several EU countries, increasing the accessibility and understanding of alternative finance.
Being in the finance sector, Altfinator adheres to a high level of security standards ensuring that data integrity is maintained.
Any issues or challenges faced during the project implementation are duly noted and actions are taken to rectify them, ensuring the smooth functioning of the project.
The Altfinator project is a significant step towards revolutionizing the finance sector of Europe. It provides a validated knowledge base for Alternative Financing in EU, thereby transforming the financial landscape.
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