The Latin America, Middle East and Africa Alternative Lending Platform Market would witness market growth of 28.7% CAGR during the forecast period (2022-2028).
The platforms typically act as servicers for the lenders, sending cash flows from the borrowers to the investors, net of servicing fees, while investors primarily receive the potential economic benefits and risks associated with the loans. However, the platforms typically maintain customer relationships with end borrowers. In comparison to the conventional approach, the digital transformation of financial operations is anticipated to make them visible and somewhat more dependable for end users.
In most cases, the platforms also charge the borrower's loan origination costs. Platforms may formally create the loans they underwrite with the help of partner banks. Typically, the partner banks supervise the underwriting models used by the platforms and make sure that the servicing practices used for underwritten loans are legal. In certain circumstances, the partner banks or platforms may continue to have a financial stake in loans offered to investors.
In the International Entrepreneurship Index 2020, the UAE came in fourth place overall, a result of increased national efforts over the previous few years to strengthen the entrepreneurial ecosystem and increase its competitiveness on an international scale. As the SME sector serves as a major engine of the national economy, the Ministry of Economy is now concentrating its efforts on improving the business climate in the UAE.
The Brazil market dominated the LAMEA Alternative Lending Platform Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $186.1 million by 2028. The Argentina market is experiencing a CAGR of 29.4% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 28.4% during (2022 - 2028).
Based on Component, the market is segmented into Solution and Services. Based on Solution Type, the market is segmented into Loan Origination, Loan Servicing, Lending Analytics and Others. Based on Services Type, the market is segmented into Integration & Deployment, Support & Maintenance, Training & Consulting and Managed Services. Based on Deployment, the market is segmented into On-Premise and Cloud. Based on End-use, the market is segmented into Crowdfunding and Peer-to-Peer Lending. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Alternative Lending Platform Market is Predict to reach $8.2 Billion by 2028, at a CAGR of 22%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Funding Circle Limited, On Deck Capital, Inc., Upstart Network, Inc., American Express Kabbage Inc. (American Express Company), LendingClub Bank (LendingClub Corporation), Zopa Bank Limited, CommonBond, Inc., Prosper Funding LLC, Avant, LLC, and Social Finance.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Solution
- Loan Origination
- Loan Servicing
- Lending Analytics
- Others
- Services
- Integration & Deployment
- Support & Maintenance
- Training & Consulting
- Managed Services
By Deployment
By End-use
- Crowdfunding
- Peer-to-Peer Lending
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Funding Circle Limited
- On Deck Capital, Inc.
- Upstart Network, Inc.
- American Express Kabbage Inc. (American Express Company)
- LendingClub Bank (LendingClub Corporation)
- Zopa Bank Limited
- CommonBond, Inc.
- Prosper Funding LLC
- Avant, LLC
- Social Finance
TABLE 1 LAMEA Alternative Lending Platform Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Alternative Lending Platform Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Alternative Lending Platform Market
TABLE 4 Product Launches And Product Expansions– Alternative Lending Platform Market
TABLE 5 Acquisition and Mergers– Alternative Lending Platform Market
TABLE 6 Business Expansions– ALTERNATIVE LENDING PLATFORM MARKET
TABLE 7 LAMEA Alternative Lending Platform Market by Component, 2018 - 2021, USD Million
TABLE 8 LAMEA Alternative Lending Platform Market by Component, 2022 - 2028, USD Million
TABLE 9 LAMEA Solution Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Solution Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Alternative Lending Platform Market by Solution Type, 2018 - 2021, USD Million
TABLE 12 LAMEA Alternative Lending Platform Market by Solution Type, 2022 - 2028, USD Million
TABLE 13 LAMEA Loan Origination Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Loan Origination Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Loan Servicing Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Loan Servicing Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Lending Analytics Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Lending Analytics Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Services Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Services Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Alternative Lending Platform Market by Services Type, 2018 - 2021, USD Million
TABLE 24 LAMEA Alternative Lending Platform Market by Services Type, 2022 - 2028, USD Million
TABLE 25 LAMEA Integration & Deployment Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Integration & Deployment Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Support & Maintenance Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Support & Maintenance Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Training & Consulting Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Training & Consulting Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Managed Services Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Managed Services Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Alternative Lending Platform Market by Deployment, 2018 - 2021, USD Million
TABLE 34 LAMEA Alternative Lending Platform Market by Deployment, 2022 - 2028, USD Million
TABLE 35 LAMEA On-Premise Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA On-Premise Market by Country, 2022 - 2028, USD Million
TABLE 37 LAMEA Cloud Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Cloud Market by Country, 2022 - 2028, USD Million
TABLE 39 LAMEA Alternative Lending Platform Market by End-use, 2018 - 2021, USD Million
TABLE 40 LAMEA Alternative Lending Platform Market by End-use, 2022 - 2028, USD Million
TABLE 41 LAMEA Crowdfunding Market by Country, 2018 - 2021, USD Million
TABLE 42 LAMEA Crowdfunding Market by Country, 2022 - 2028, USD Million
TABLE 43 LAMEA Peer-to-Peer Lending Market by Country, 2018 - 2021, USD Million
TABLE 44 LAMEA Peer-to-Peer Lending Market by Country, 2022 - 2028, USD Million
TABLE 45 LAMEA Alternative Lending Platform Market by Country, 2018 - 2021, USD Million
TABLE 46 LAMEA Alternative Lending Platform Market by Country, 2022 - 2028, USD Million
TABLE 47 Brazil Alternative Lending Platform Market, 2018 - 2021, USD Million
TABLE 48 Brazil Alternative Lending Platform Market, 2022 - 2028, USD Million
TABLE 49 Brazil Alternative Lending Platform Market by Component, 2018 - 2021, USD Million
TABLE 50 Brazil Alternative Lending Platform Market by Component, 2022 - 2028, USD Million
TABLE 51 Brazil Alternative Lending Platform Market by Solution Type, 2018 - 2021, USD Million
TABLE 52 Brazil Alternative Lending Platform Market by Solution Type, 2022 - 2028, USD Million
TABLE 53 Brazil Alternative Lending Platform Market by Services Type, 2018 - 2021, USD Million
TABLE 54 Brazil Alternative Lending Platform Market by Services Type, 2022 - 2028, USD Million
TABLE 55 Brazil Alternative Lending Platform Market by Deployment, 2018 - 2021, USD Million
TABLE 56 Brazil Alternative Lending Platform Market by Deployment, 2022 - 2028, USD Million
TABLE 57 Brazil Alternative Lending Platform Market by End-use, 2018 - 2021, USD Million
TABLE 58 Brazil Alternative Lending Platform Market by End-use, 2022 - 2028, USD Million
TABLE 59 Argentina Alternative Lending Platform Market, 2018 - 2021, USD Million
TABLE 60 Argentina Alternative Lending Platform Market, 2022 - 2028, USD Million
TABLE 61 Argentina Alternative Lending Platform Market by Component, 2018 - 2021, USD Million
TABLE 62 Argentina Alternative Lending Platform Market by Component, 2022 - 2028, USD Million
TABLE 63 Argentina Alternative Lending Platform Market by Solution Type, 2018 - 2021, USD Million
TABLE 64 Argentina Alternative Lending Platform Market by Solution Type, 2022 - 2028, USD Million
TABLE 65 Argentina Alternative Lending Platform Market by Services Type, 2018 - 2021, USD Million
TABLE 66 Argentina Alternative Lending Platform Market by Services Type, 2022 - 2028, USD Million
TABLE 67 Argentina Alternative Lending Platform Market by Deployment, 2018 - 2021, USD Million
TABLE 68 Argentina Alternative Lending Platform Market by Deployment, 2022 - 2028, USD Million
TABLE 69 Argentina Alternative Lending Platform Market by End-use, 2018 - 2021, USD Million
TABLE 70 Argentina Alternative Lending Platform Market by End-use, 2022 - 2028, USD Million
TABLE 71 UAE Alternative Lending Platform Market, 2018 - 2021, USD Million
TABLE 72 UAE Alternative Lending Platform Market, 2022 - 2028, USD Million
TABLE 73 UAE Alternative Lending Platform Market by Component, 2018 - 2021, USD Million
TABLE 74 UAE Alternative Lending Platform Market by Component, 2022 - 2028, USD Million
TABLE 75 UAE Alternative Lending Platform Market by Solution Type, 2018 - 2021, USD Million
TABLE 76 UAE Alternative Lending Platform Market by Solution Type, 2022 - 2028, USD Million
TABLE 77 UAE Alternative Lending Platform Market by Services Type, 2018 - 2021, USD Million
TABLE 78 UAE Alternative Lending Platform Market by Services Type, 2022 - 2028, USD Million
TABLE 79 UAE Alternative Lending Platform Market by Deployment, 2018 - 2021, USD Million
TABLE 80 UAE Alternative Lending Platform Market by Deployment, 2022 - 2028, USD Million
TABLE 81 UAE Alternative Lending Platform Market by End-use, 2018 - 2021, USD Million
TABLE 82 UAE Alternative Lending Platform Market by End-use, 2022 - 2028, USD Million
TABLE 83 Saudi Arabia Alternative Lending Platform Market, 2018 - 2021, USD Million
TABLE 84 Saudi Arabia Alternative Lending Platform Market, 2022 - 2028, USD Million
TABLE 85 Saudi Arabia Alternative Lending Platform Market by Component, 2018 - 2021, USD Million
TABLE 86 Saudi Arabia Alternative Lending Platform Market by Component, 2022 - 2028, USD Million
TABLE 87 Saudi Arabia Alternative Lending Platform Market by Solution Type, 2018 - 2021, USD Million
TABLE 88 Saudi Arabia Alternative Lending Platform Market by Solution Type, 2022 - 2028, USD Million
TABLE 89 Saudi Arabia Alternative Lending Platform Market by Services Type, 2018 - 2021, USD Million
TABLE 90 Saudi Arabia Alternative Lending Platform Market by Services Type, 2022 - 2028, USD Million
TABLE 91 Saudi Arabia Alternative Lending Platform Market by Deployment, 2018 - 2021, USD Million
TABLE 92 Saudi Arabia Alternative Lending Platform Market by Deployment, 2022 - 2028, USD Million
TABLE 93 Saudi Arabia Alternative Lending Platform Market by End-use, 2018 - 2021, USD Million
TABLE 94 Saudi Arabia Alternative Lending Platform Market by End-use, 2022 - 2028, USD Million
TABLE 95 South Africa Alternative Lending Platform Market, 2018 - 2021, USD Million
TABLE 96 South Africa Alternative Lending Platform Market, 2022 - 2028, USD Million
TABLE 97 South Africa Alternative Lending Platform Market by Component, 2018 - 2021, USD Million
TABLE 98 South Africa Alternative Lending Platform Market by Component, 2022 - 2028, USD Million
TABLE 99 South Africa Alternative Lending Platform Market by Solution Type, 2018 - 2021, USD Million
TABLE 100 South Africa Alternative Lending Platform Market by Solution Type, 2022 - 2028, USD Million
TABLE 101 South Africa Alternative Lending Platform Market by Services Type, 2018 - 2021, USD Million
TABLE 102 South Africa Alternative Lending Platform Market by Services Type, 2022 - 2028, USD Million
TABLE 103 South Africa Alternative Lending Platform Market by Deployment, 2018 - 2021, USD Million
TABLE 104 South Africa Alternative Lending Platform Market by Deployment, 2022 - 2028, USD Million
TABLE 105 South Africa Alternative Lending Platform Market by End-use, 2018 - 2021, USD Million
TABLE 106 South Africa Alternative Lending Platform Market by End-use, 2022 - 2028, USD Million
TABLE 107 Nigeria Alternative Lending Platform Market, 2018 - 2021, USD Million
TABLE 108 Nigeria Alternative Lending Platform Market, 2022 - 2028, USD Million
TABLE 109 Nigeria Alternative Lending Platform Market by Component, 2018 - 2021, USD Million
TABLE 110 Nigeria Alternative Lending Platform Market by Component, 2022 - 2028, USD Million
TABLE 111 Nigeria Alternative Lending Platform Market by Solution Type, 2018 - 2021, USD Million
TABLE 112 Nigeria Alternative Lending Platform Market by Solution Type, 2022 - 2028, USD Million
TABLE 113 Nigeria Alternative Lending Platform Market by Services Type, 2018 - 2021, USD Million
TABLE 114 Nigeria Alternative Lending Platform Market by Services Type, 2022 - 2028, USD Million
TABLE 115 Nigeria Alternative Lending Platform Market by Deployment, 2018 - 2021, USD Million
TABLE 116 Nigeria Alternative Lending Platform Market by Deployment, 2022 - 2028, USD Million
TABLE 117 Nigeria Alternative Lending Platform Market by End-use, 2018 - 2021, USD Million
TABLE 118 Nigeria Alternative Lending Platform Market by End-use, 2022 - 2028, USD Million
TABLE 119 Rest of LAMEA Alternative Lending Platform Market, 2018 - 2021, USD Million
TABLE 120 Rest of LAMEA Alternative Lending Platform Market, 2022 - 2028, USD Million
TABLE 121 Rest of LAMEA Alternative Lending Platform Market by Component, 2018 - 2021, USD Million
TABLE 122 Rest of LAMEA Alternative Lending Platform Market by Component, 2022 - 2028, USD Million
TABLE 123 Rest of LAMEA Alternative Lending Platform Market by Solution Type, 2018 - 2021, USD Million
TABLE 124 Rest of LAMEA Alternative Lending Platform Market by Solution Type, 2022 - 2028, USD Million
TABLE 125 Rest of LAMEA Alternative Lending Platform Market by Services Type, 2018 - 2021, USD Million
TABLE 126 Rest of LAMEA Alternative Lending Platform Market by Services Type, 2022 - 2028, USD Million
TABLE 127 Rest of LAMEA Alternative Lending Platform Market by Deployment, 2018 - 2021, USD Million
TABLE 128 Rest of LAMEA Alternative Lending Platform Market by Deployment, 2022 - 2028, USD Million
TABLE 129 Rest of LAMEA Alternative Lending Platform Market by End-use, 2018 - 2021, USD Million
TABLE 130 Rest of LAMEA Alternative Lending Platform Market by End-use, 2022 - 2028, USD Million
TABLE 131 Key Information – Funding Circle Limited
TABLE 132 Key Information – On Deck Capital, Inc.
TABLE 133 Key Information – Upstart Network, Inc.
TABLE 134 Key Information – American Express Kabbage Inc.
TABLE 135 Key Information – LendingClub Bank
TABLE 136 Key Information – Zopa Bank Limited
TABLE 137 Key Information – CommonBond, Inc.
TABLE 138 Key Information – Prosper Funding LLC
TABLE 139 Key Information – Avant, LLC
TABLE 140 Key Information – Social Finance
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Recent strategies and developments: Funding Circle Limited
FIG 5 Recent strategies and developments: On Deck Capital, Inc.
FIG 6 Recent strategies and developments: Upstart Network, Inc.
FIG 7 Recent strategies and developments: CommonBond, Inc.