Peer to peer Lending Market Report 2025 (Global Edition)

Global Peer to peer Lending Market Report 2025 Market Size Split by Type (Consumer credit loans, Small business loans, Student loans, Real estate loans), by Business Model (Traditional, Marketplace), ...

Peer to peer Lending Market Report Description

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Peer to peer Lending Market Insights Video

Competitive Landscape of the Peer to peer Lending Market

The aggressive landscape of the peer-to-peer (P2P) lending marketplace is characterized by means of a numerous range of structures providing various loan merchandise and investment opportunities. Competition is driven with the aid of elements together with hobby costs, loan terms, risk management strategies, and customer support. Innovation in era and records analytics is essential for gaining a competitive aspect, as systems strive to attract each borrower and buyer in a dynamic marketplace.

November 2023: Leading P2P lending platform in the UK, Zopa, recently got regulatory approval to open a digital bank. This was a significant achievement that allowed Zopa to leverage its experience in P2P lending to expand beyond lending and provide customers with a full range of banking services, such as credit cards, savings accounts, and money management tools. Source: https://www.zopa.com/blog/article/zopa-launches-new-digital-bank-offering-consumers-a-compelling-alternative-when-they-need-it-most) February 2022: ING Bank and Funding Circle, a well-known P2P lending platform in the UK, have established a strategic alliance. The goal of the partnership was to increase small and medium-sized businesses' (SMEs) access to business loans in Germany by utilizing ING's substantial client base and financial resources in addition to Funding Circle's lending expertise. Source: https://corporate.fundingcircle.com/media/press-releases/funding-circle-announces-newest-lending-partnership-barclays-bank-and-tpg-angelo-gordon/ February 2021: LendingClub has successfully acquired Radius Bank. With this acquisition, LendingClub was able to provide its clients a wider range of financial services and broaden its product offerings beyond P2P lending, which was a major step towards creating a digital marketplace bank. (Source: https://ir.lendingclub.com/news/news-details/2021/LendingClub-Closes-Acquisition-of-Radius-Bancorp/default.aspx )

Top Companies Market Share in Peer to peer Lending Industry: (In no particular order of Rank)

• OnDeck (US)
• Prosper Funding LLC. (US)
• Funding Circle (UK)
• LendingClub Bank (US)
• LendingTree
• LLC. (US)
• RateSetter (UK)
• Avant
• LLC. (US)
• Social Finance (US)
• Zopa Bank Limited (UK)
• auxmoney GmbH (Germany)
• Funding Societies (Singapore)
• Mintos (Latvia)
• Upstart (US)
• SoFi (US)
• FundingSecure (UK)
• Faircent (India)
• Lufax (China)
• Bondora (Estonia)
• Bitbond (Germany)
• CircleUp (US)
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Peer to peer Lending Market

Which Region Dominates the Peer to peer Lending Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue The peer-to-peer (P2P) lending market in North America is experiencing an extensive boom, pushed by increasing calls for opportunities, economic answers, and technological advancements. Platforms are expanding their services and improving user experience to attract both debtors and traders. This increase reflects a broader trend in the direction of virtual economic offerings and greater monetary inclusion within the place.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Peer to peer Lending market. The peer-to-peer (P2P) lending market in Asia Pacific is expanding unexpectedly, fueled by rising calls for alternative financing and improvements in virtual generation. European structures are diversifying their mortgage merchandise and improving consumer studies to cater to a growing purchaser base. This boom underscores a shift in the direction of extra-inclusive and revolutionary economic solutions across the vicinity.

The current report Scope analyzes Peer to peer Lending Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Peer to peer Lending Market

According to Cognitive Market Research, the global Peer to peer Lending market size was estimated at USD 2561.2 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 1027.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Peer to peer Lending market with a market size of USD 808.31 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. The nation's fintech growth
• The Canada Peer to peer Lending market had a market share of USD 122.94 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. Canada's low-interest rates.
• The Mexico Peer to peer Lending market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 93.23 million in 2024.

Europe Peer to peer Lending Market

According to Cognitive Market Research, the global Peer to peer Lending market size was estimated at USD 2561.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 768.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.

• The United Kingdom Peer to peer Lending market had a market share of USD 129.08 million in 2024 and is projected to grow at a CAGR of 7.3% during the forecast period. In the UK, Peer to peer Lending sales witness an upswing due to the digitalization.
• The France Peer to peer Lending market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 70.69 million in 2024.
• According to Cognitive Market Research, the German Peer to peer Lending market size was valued at USD 152.14 million in 2024 and is projected to grow at a CAGR of 6.7% during the forecast period. In Germany, Peer to peer Lending surged due to the alternative investment demand.
• The Italy Peer to peer Lending market is projected to witness growth at a CAGR of 5.9% during the forecast period, with a market size of USD 66.08 million in 2024.
• The Russia Peer to peer Lending market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 119.10 million in 2024.
• The Spain Peer to peer Lending market is projected to witness growth at a CAGR of 5.6% during the forecast period with a market size of USD 63.01 million in 2024
• The Luxembourg Peer to peer Lending market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 23.82 million in 2024.
• The Portugal Peer to peer Lending market is projected to witness growth at a CAGR of 6.3% during the forecast period, with a market size of USD 16.14 million in 2024.
• The Greece Peer to peer Lending market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 9.22 million in 2024.
• Rest of Europe's Peer to peer Lending market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 119.10 million in 2024.

Asia Pacific Peer to peer Lending Market

According to Cognitive Market Research, the global Peer to peer Lending market size was estimated at USD 2561.2 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 589.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.00% from 2024 to 2031.

• According to Cognitive Market Research, the China Peer to peer Lending market size was valued at USD 265.08 million in 2024 and is projected to grow at a CAGR of 9.5% during the forecast period. Peer to peer Lending surged in China due to the financial inclusion.
• The Japan Peer to peer Lending market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 81.29 million in 2024.
• The India Peer to peer Lending market had a market share of USD 70.69 million in 2024 and is projected to grow at a CAGR of 11.8% during the forecast period. India's credit access.
• The South Korean Peer to peer Lending market is projected to witness growth at a CAGR of 9.1% during the forecast period, with a market size of USD 58.91 million in 2024.
• The Australian Peer to peer Lending market is projected to witness growth at a CAGR of 9.7% during the forecast period, with a market size of USD 30.63 million in 2024.
• The South East Asia Peer to peer Lending market is projected to witness growth at a CAGR of 11.0% during the forecast period, with a market size of USD 40.65 million in 2024.
• The Rest of Asia Pacific Peer to peer Lending market is projected to witness growth at a CAGR of 9.8% during the forecast period, with a market size of USD 41.82 million in 2024.

South America Peer to peer Lending Market

According to Cognitive Market Research, the global Peer to peer Lending market size was estimated at USD 2561.2 Million, out of which the Latin America market has more than 5% share of the global revenue with a market size of USD 128.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031. .

• According to Cognitive Market Research, the Brazil Peer to peer Lending market size was valued at USD 54.81 million in 2024 and is projected to grow at a CAGR of 8.0% during the forecast period. Peer to peer Lendings flourished in Brazil due to the regulatory support.
• Argentina's Peer to peer Lending market had a market share of USD 21.51 million in 2024 and is projected to grow at a CAGR of 8.3% during the forecast period. Argentina's economic shifts.
• Colombia Peer to peer Lending market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 11.40 million in 2024.
• Peru Peer to peer Lending market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 10.50 million in 2024.
• Chile Peer to peer Lending market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 9.22 million in 2024.
• The Rest of Latin America's Peer to peer Lending market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 20.62 million in 2024.

Middle East Peer to peer Lending Market

According to Cognitive Market Research, the global Peer to peer Lending market size was estimated at USD 2561.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 51.22 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031..

• The GCC Countries Peer to peer Lending market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 21.92 million in 2024. Peer to peer Lending sales flourish due to the investor diversification.
• The Egypt Peer to peer Lending market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD 5.38 million in 2024.
• The South Africa Peer to peer Lending market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 8.09 million in 2024. Peer to peer Lending sales flourish in South Africa due to rising SMEs.
• The Turkey Peer to peer Lending market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 4.41 million in 2024.
• The Nigeria Peer to peer Lending market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 5.38 million in 2024.
• The Rest of MEA Peer to peer Lending market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 6.04 million in 2024.

Peer to peer Lending Market Analysis

Peer to peer Lending Market Type Segment Analysis

According to Cognitive Market Research, Consumer credit loans stands out as the dominant category over the projected period. Consumer credit score loans are using boom within the peer-to-peer (P2P) lending marketplace as individuals are looking for opportunity financing alternatives past traditional banks. P2P systems are an increasing number of catering to client borrowers with aggressive interest prices and bendy phrases. This fashion reflects a developing desire for handy and personalized credit solutions, contributing to the expansion of the P2P lending region.

Small business loans emerges as the fastest-growing category in the Peer to peer Lending market. Small commercial enterprise loans are fueling growth inside the peer-to-peer (P2P) lending market as marketers are looking for opportunity investment sources. P2P systems are increasingly presenting tailor-made loan merchandise to support small companies, presenting aggressive costs and bendy phrases. This trend highlights the growing role of P2P lending in facilitating access to capital for small businesses and driving marketplace expansion.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Peer to peer Lending Industry. Request a Free Sample PDF!

Peer to peer Lending Market Business Model Segment Analysis

According to Cognitive Market Research, the dominant category is Traditional. Traditional economic institutions are increasingly coming into the peer-to-peer (P2P) lending market, leveraging their set-up infrastructure and patron base. By partnering with or making an investment in P2P platforms, these institutions intend to diversify their services and seize a share of the growing alternative lending sector. This fashion underscores the wider acceptance and integration of P2P lending within the traditional finance ecosystem.

The fastest-growing category in the Peer to peer Lending market is Marketplace. The market section of the peer-to-peer (P2P) lending market is increasing as platforms beautify their services and entice a diverse variety of debtors and buyers. These marketplaces are developing with the aid of imparting more specialized loan products, leveraging technology for better risk assessment, and enhancing consumer revel. This boom reflects the growing purchaser hobby in handy and flexible lending solutions.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Peer to peer Lending End-Use Segment Analysis

Peer to peer Lending Market End-Use Segment Analysis

According to Cognitive Market Research, the dominant category is Business. due to the increasing military and defense expenditures globally. Government regulations on safety and environmental impact are shaping product innovation and market expansion.

The fastest-growing category in the Peer to peer Lending market is Personal. due to growing interest in recreational shooting and hunting, coupled with advancements in manufacturing technology, which bolsters its commercial usage. Enhanced safety standards and environmental regulations also impact market dynamics, favoring cleaner, more efficient formulations.

• Business
• Personal

Author's Detail

Swasti Dharmadhikari

Research associate at Cognitive Market Research

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Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.

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