Alternative Lending Platform Market by Solution (Lending Analytics, Loan Origination, Loan Servicing), Service (Integration & Deployment, Managed Services, Support & Maintenance), Deployment, End-User - Global Forecast 2024-2030
Description
Alternative Lending Platform Market by Solution (Lending Analytics, Loan Origination, Loan Servicing), Service (Integration & Deployment, Managed Services, Support & Maintenance), Deployment, End-User - Global Forecast 2024-2030
The Alternative Lending Platform Market size was estimated at USD 30.43 billion in 2023 and expected to reach USD 32.61 billion in 2024, at a CAGR 7.44% to reach USD 50.31 billion by 2030.
Alternative lending platforms provide finance to ventures without a mortgage and borrowers without a credit history. The strict lending regulations among legacy financing institutions improve the demand for these platforms. Alternative lenders penetrate the market due to their capability to provide effective and efficient loan services to underserved firms and individuals. However, concerns about fraud and reimbursement defaults and data security and privacy issues are significantly impeding the adoption of such platforms. Adopting technologies, including Artificial Intelligence (AI) and blockchain, is expected to enhance the experience for lenders and borrowers, thus increasing the utilization of alternative lending platforms.
Regional Insights
The American region has a mature alternative lending market, with a large number of established platforms and significant levels of investment across major regions, including the United States and Canada. Europe is another major market for alternative lending, with operations in countries such as the United Kingdom, Germany, France, and Spain. The region has a growing alternative lending market, with increasing levels of investment and a growing number of new platforms in lending analytics and loan origination. In addition, the Middle East and Africa have a relatively small and growing alternative lending market, with operations in countries such as the United Arab Emirates, South Africa, and Kenya. The region has significant potential for growth, particularly in microfinance and SME lending. Asia-Pacific is a rapidly growing market for alternative lending, with substantial operations in China, India, and Southeast Asia. The region has a large and growing population of tech-savvy consumers and a growing number of small and medium-sized enterprises seeking alternative sources of capital.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Alternative Lending Platform Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Alternative Lending Platform Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Alternative Lending Platform Market, highlighting leading vendors and their innovative profiles. These include AltFi Limited, American Express, AS Mintos Marketplace, ATHENA MORTGAGE PTY LTD, auxmoney GmbH, Avant, LLC, Biz2Credit Inc, Canopy Technology Corp., CreditEase Corp., CROWD CREDIT, Inc., Enova International Inc., Esketit Platform Limited, Finastra, Fundbox, Inc., Funding Circle, GoFundMe, Inc., Happy Money, Inc., Helicap Securities Pte. Ltd., Indiegogo, Inc., iScripts, Kiavi Funding, Inc., Kickstarter, PBC, Kriya Finance Limited, LendingClub Corporation, LendingTree LLC, Lokyata Inc., Lufax Holding Ltd, Marlette Funding, LLC., Metro Bank PLC, Molo Tech Ltd, MoneyMe Financial Group Pty Ltd, Morgan Stanley, Neat Loans LLC, Ocorian group, October, OurCrowd Management Limited, Portfolio+ Inc., Prosper Funding LLC, RNDpoint, Robocash d.o.o, Rocket Companies, Inc., Silvr, Social Finance, Inc., SoLo Funds Inc., Soma Loans, Inc., Sunbit, Inc., Upstart Network, Inc., Uptiq Financial Solutions, Inc., Versara Lending, and Zopa Bank Limited.
Market Segmentation & Coverage
This research report categorizes the Alternative Lending Platform Market to forecast the revenues and analyze trends in each of the following sub-markets:
Solution
Lending Analytics
Integration & Deployment
Cloud
Crowdfunding
Americas
Argentina
California
Australia
Denmark
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast of the Alternative Lending Platform Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Alternative Lending Platform Market?
- What are the technology trends and regulatory frameworks in the Alternative Lending Platform Market?
- What is the market share of the leading vendors in the Alternative Lending Platform Market?
- Which modes and strategic moves are suitable for entering the Alternative Lending Platform Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
182 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Alternative Lending Platform Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing demand to provide effective and efficient loan services to small firms
- 5.1.1.2. Rapid digitalization and expansion of digital transactions in finance sector
- 5.1.1.3. Growing popularity and adoption of on-premise alternative lending platforms
- 5.1.2. Restraints
- 5.1.2.1. Concerns pertaining to fraud and reimbursement defaults
- 5.1.3. Opportunities
- 5.1.3.1. Integration of advanced technologies in alternative lending platforms
- 5.1.3.2. Emergence of startups and fintech lending companies worldwide
- 5.1.4. Challenges
- 5.1.4.1. Data security and privacy issues associated with the use of alternative lending platforms
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Alternative Lending Platform Market, by Solution
- 6.1. Introduction
- 6.2. Lending Analytics
- 6.3. Loan Origination
- 6.4. Loan Servicing
- 7. Alternative Lending Platform Market, by Service
- 7.1. Introduction
- 7.2. Integration & Deployment
- 7.3. Managed Services
- 7.4. Support & Maintenance
- 7.5. Training & Consulting
- 8. Alternative Lending Platform Market, by Deployment
- 8.1. Introduction
- 8.2. Cloud
- 8.3. On-Premise
- 9. Alternative Lending Platform Market, by End-User
- 9.1. Introduction
- 9.2. Crowdfunding
- 9.3. Peer-to-Peer Lending
- 10. Americas Alternative Lending Platform Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Alternative Lending Platform Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Alternative Lending Platform Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
- 13.3.1. Merger & Acquisition
- 13.3.1.1. JG Wentworth Acquires Fintech Lending Platform from Stilt Inc.
- 13.3.1.2. Elevate to be Acquired by Park Cities Asset Management
- 13.3.1.3. InCred concludes merger with KKR India Financial Services
- 13.3.1.4. M2p Fintech News: M2P Fintech acquires Finflux to boost digital lending capabilities
- 13.3.2. Agreement, Collaboration, & Partnership
- 13.3.2.1. Navi and Piramal Finance inks co-lending partnership to offer Digital Personal Loan
- 13.3.2.2. Finastra and HSBC collaborate to bring BaaS FX capability to mid-tier banks
- 13.3.2.3. DeA Capital Alternative Funds
- 13.3.3. Investment & Funding
- 13.3.3.1. Fluro secures £200m through BNP Paribas partnership
- 13.3.3.2. Saudi Arabia’s ERAD raises USD 2.4m for alternative financing service
- 13.3.3.3. Helicap raises USD 5 million in strategic funding from two global asset managers as demand for alternative financing soars in Southeast Asia
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. AltFi Limited
- 14.1.2. American Express
- 14.1.3. AS Mintos Marketplace
- 14.1.4. ATHENA MORTGAGE PTY LTD
- 14.1.5. auxmoney GmbH
- 14.1.6. Avant, LLC
- 14.1.7. Biz2Credit Inc
- 14.1.8. Canopy Technology Corp.
- 14.1.9. CreditEase Corp.
- 14.1.10. CROWD CREDIT, Inc.
- 14.1.11. Enova International Inc.
- 14.1.12. Esketit Platform Limited
- 14.1.13. Finastra
- 14.1.14. Fundbox, Inc.
- 14.1.15. Funding Circle
- 14.1.16. GoFundMe, Inc.
- 14.1.17. Happy Money, Inc.
- 14.1.18. Helicap Securities Pte. Ltd.
- 14.1.19. Indiegogo, Inc.
- 14.1.20. iScripts
- 14.1.21. Kiavi Funding, Inc.
- 14.1.22. Kickstarter, PBC
- 14.1.23. Kriya Finance Limited
- 14.1.24. LendingClub Corporation
- 14.1.25. LendingTree LLC
- 14.1.26. Lokyata Inc.
- 14.1.27. Lufax Holding Ltd
- 14.1.28. Marlette Funding, LLC.
- 14.1.29. Metro Bank PLC
- 14.1.30. Molo Tech Ltd
- 14.1.31. MoneyMe Financial Group Pty Ltd
- 14.1.32. Morgan Stanley
- 14.1.33. Neat Loans LLC
- 14.1.34. Ocorian group
- 14.1.35. October
- 14.1.36. OurCrowd Management Limited
- 14.1.37. Portfolio+ Inc.
- 14.1.38. Prosper Funding LLC
- 14.1.39. RNDpoint
- 14.1.40. Robocash d.o.o
- 14.1.41. Rocket Companies, Inc.
- 14.1.42. Silvr
- 14.1.43. Social Finance, Inc.
- 14.1.44. SoLo Funds Inc.
- 14.1.45. Soma Loans, Inc.
- 14.1.46. Sunbit, Inc.
- 14.1.47. Upstart Network, Inc.
- 14.1.48. Uptiq Financial Solutions, Inc.
- 14.1.49. Versara Lending
- 14.1.50. Zopa Bank Limited
- 14.2. Key Product Portfolio
- 15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing
- FIGURE 1. ALTERNATIVE LENDING PLATFORM MARKET RESEARCH PROCESS
- FIGURE 2. ALTERNATIVE LENDING PLATFORM MARKET SIZE, 2023 VS 2030
- FIGURE 3. ALTERNATIVE LENDING PLATFORM MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. ALTERNATIVE LENDING PLATFORM MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. ALTERNATIVE LENDING PLATFORM MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. ALTERNATIVE LENDING PLATFORM MARKET DYNAMICS
- FIGURE 7. ALTERNATIVE LENDING PLATFORM MARKET SIZE, BY SOLUTION, 2023 VS 2030 (%)
- FIGURE 8. ALTERNATIVE LENDING PLATFORM MARKET SIZE, BY SOLUTION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. ALTERNATIVE LENDING PLATFORM MARKET SIZE, BY SERVICE, 2023 VS 2030 (%)
- FIGURE 10. ALTERNATIVE LENDING PLATFORM MARKET SIZE, BY SERVICE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. ALTERNATIVE LENDING PLATFORM MARKET SIZE, BY DEPLOYMENT, 2023 VS 2030 (%)
- FIGURE 12. ALTERNATIVE LENDING PLATFORM MARKET SIZE, BY DEPLOYMENT, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. ALTERNATIVE LENDING PLATFORM MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
- FIGURE 14. ALTERNATIVE LENDING PLATFORM MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. AMERICAS ALTERNATIVE LENDING PLATFORM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 16. AMERICAS ALTERNATIVE LENDING PLATFORM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. UNITED STATES ALTERNATIVE LENDING PLATFORM MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 18. UNITED STATES ALTERNATIVE LENDING PLATFORM MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. ASIA-PACIFIC ALTERNATIVE LENDING PLATFORM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. ASIA-PACIFIC ALTERNATIVE LENDING PLATFORM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. EUROPE, MIDDLE EAST & AFRICA ALTERNATIVE LENDING PLATFORM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 22. EUROPE, MIDDLE EAST & AFRICA ALTERNATIVE LENDING PLATFORM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. ALTERNATIVE LENDING PLATFORM MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 24. ALTERNATIVE LENDING PLATFORM MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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