The Latin America, Middle East and Africa Peer to Peer Lending Market would witness market growth of 30.8% CAGR during the forecast period (2023-2030).
In recent years, the financial sector has experienced a surge of transformation, with technology playing a central role in reshaping traditional lending models. Peer-to-peer (P2P) lending platforms have emerged as disruptors, revolutionizing how individuals and small businesses access loans and investments. This market has gained immense popularity for its ability to provide a decentralized, efficient, and inclusive alternative to the conventional banking system.
P2P lending has made obtaining personal loans simpler and more flexible. Individuals can apply for loans to meet various needs, such as debt consolidation, medical expenses, education, or home improvement. The absence of a bank in the equation often leads to more competitive interest rates and faster loan approval. Small and medium-sized enterprises (SMEs) need help seeking financing from traditional banks. P2P lending platforms have emerged as lifelines for these businesses, offering a convenient way to secure working capital, expand operations, or launch new products or services.
SMEs in the Middle East region is increasingly participating in international trade. Export-oriented businesses have opportunities to reach global markets, expanding their growth prospects. Major cities in the region have been developing startup ecosystems with incubators, accelerators, co-working spaces, and networking events. These environments nurture a culture of entrepreneurship. According to the Government of UAE data, as of mid-2022, the number of small & medium enterprises in the UAE was 557,000. SMEs contribute as much as 63.5 percent to the non-oil GDP. It is forecasted that there will be 1 million SMEs in the UAE by 2030. Thus, the expansion of SMEs, MSEs, and startups in countries like Brazil and UAE is expected to drive the expansion of the region's peer-to-peer lending market.
The Brazil market dominated the LAMEA Peer to Peer Lending Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $15,241.4 Million by 2030. The Argentina market is showcasing a CAGR of 31.5% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 30.5% during (2023 - 2030).
Based on Business Model, the market is segmented into Traditional Lending, and Alternate Marketplace Lending. Based on Loan Type, the market is segmented into Small Business Loans, Consumer Credit Loans, Real estate Loans, and Student Loans. Based on End User, the market is segmented into Business, and Personal. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Peer to Peer Lending Market is Projected to reach USD 1.1 Trillion by 2030, at a CAGR of 28%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Harmoney Corp Limited, Funding Circle Limited (Funding Circle Holdings plc), LendingTree, LLC (LendingTree, Inc.), Upstart Network, Inc. (Upstart Holdings, Inc), LendingClub Bank (LendingClub Corporation), goPeer Corporation, Linked P2P Limited, Prosper Funding LLC (Prosper Marketplace, Inc.), Lending Loop (Loop Financial Inc.), and MoneyMe Limited.
Scope of the Study
Market Segments Covered in the Report:
By Business Model
- Traditional Lending
- Alternate Marketplace Lending
By Loan Type
- Small Business Loans
- Consumer Credit Loans
- Real estate Loans
- Student Loans
By End User
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Harmoney Corp Limited
- Funding Circle Limited (Funding Circle Holdings plc)
- LendingTree, LLC (LendingTree, Inc.)
- Upstart Network, Inc. (Upstart Holdings, Inc)
- LendingClub Bank (LendingClub Corporation)
- goPeer Corporation
- Linked P2P Limited
- Prosper Funding LLC (Prosper Marketplace, Inc.)
- Lending Loop (Loop Financial Inc.)
- MoneyMe Limited
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Peer to Peer Lending Market, by Business Model
1.4.2 LAMEA Peer to Peer Lending Market, by Loan Type
1.4.3 LAMEA Peer to Peer Lending Market, by End User
1.4.4 LAMEA Peer to Peer Lending Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter Five Forces Analysis
Chapter 4. LAMEA Peer to Peer Lending Market by Business Model
4.1 LAMEA Traditional Lending Market by Country
4.2 LAMEA Alternate Marketplace Lending Market by Country
Chapter 5. LAMEA Peer to Peer Lending Market by Loan Type
5.1 LAMEA Small Business Loans Market by Country
5.2 LAMEA Consumer Credit Loans Market by Country
5.3 LAMEA Real estate Loans Market by Country
5.4 LAMEA Student Loans Market by Country
Chapter 6. LAMEA Peer to Peer Lending Market by End User
6.1 LAMEA Business Market by Country
6.2 LAMEA Personal Market by Country
Chapter 7. LAMEA Peer to Peer Lending Market by Country
7.1 Brazil Peer to Peer Lending Market
7.1.1 Brazil Peer to Peer Lending Market by Business Model
7.1.2 Brazil Peer to Peer Lending Market by Loan Type
7.1.3 Brazil Peer to Peer Lending Market by End User
7.2 Argentina Peer to Peer Lending Market
7.2.1 Argentina Peer to Peer Lending Market by Business Model
7.2.2 Argentina Peer to Peer Lending Market by Loan Type
7.2.3 Argentina Peer to Peer Lending Market by End User
7.3 UAE Peer to Peer Lending Market
7.3.1 UAE Peer to Peer Lending Market by Business Model
7.3.2 UAE Peer to Peer Lending Market by Loan Type
7.3.3 UAE Peer to Peer Lending Market by End User
7.4 Saudi Arabia Peer to Peer Lending Market
7.4.1 Saudi Arabia Peer to Peer Lending Market by Business Model
7.4.2 Saudi Arabia Peer to Peer Lending Market by Loan Type
7.4.3 Saudi Arabia Peer to Peer Lending Market by End User
7.5 South Africa Peer to Peer Lending Market
7.5.1 South Africa Peer to Peer Lending Market by Business Model
7.5.2 South Africa Peer to Peer Lending Market by Loan Type
7.5.3 South Africa Peer to Peer Lending Market by End User
7.6 Nigeria Peer to Peer Lending Market
7.6.1 Nigeria Peer to Peer Lending Market by Business Model
7.6.2 Nigeria Peer to Peer Lending Market by Loan Type
7.6.3 Nigeria Peer to Peer Lending Market by End User
7.7 Rest of LAMEA Peer to Peer Lending Market
7.7.1 Rest of LAMEA Peer to Peer Lending Market by Business Model
7.7.2 Rest of LAMEA Peer to Peer Lending Market by Loan Type
7.7.3 Rest of LAMEA Peer to Peer Lending Market by End User
Chapter 8. Company Profiles
8.1 Harmoney Corp Limited
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 SWOT Analysis
8.2 LendingTree, LLC (LendingTree, Inc.)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 SWOT Analysis
8.3 goPeer Corporation
8.3.1 Company Overview
8.3.2 SWOT Analysis
8.4 Linked P2P Limited (Linked Finance)
8.4.1 Company Overview
8.5 Lending Loop (Loop Financial Inc.)
8.5.1 Company Overview
8.6 MoneyMe Limited
8.6.1 Company Overview
8.6.2 Financial Analysis
8.7 Funding Circle Limited (Funding Circle Holdings plc)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Recent strategies and developments:
8.7.4.1 Partnerships, Collaborations, and Agreements:
8.7.5 SWOT Analysis
8.8 Upstart Network, Inc. (Upstart Holdings, Inc)
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 SWOT Analysis
8.9 LendingClub Bank (LendingClub Corporation)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 SWOT Analysis
8.10. Prosper Funding LLC (Prosper Marketplace, Inc.)
8.10.1 Company Overview
TABLE 1 LAMEA Peer to Peer Lending Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Peer to Peer Lending Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Peer to Peer Lending Market by Business Model, 2019 - 2022, USD Million
TABLE 4 LAMEA Peer to Peer Lending Market by Business Model, 2023 - 2030, USD Million
TABLE 5 LAMEA Traditional Lending Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Traditional Lending Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Alternate Marketplace Lending Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Alternate Marketplace Lending Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Peer to Peer Lending Market by Loan Type, 2019 - 2022, USD Million
TABLE 10 LAMEA Peer to Peer Lending Market by Loan Type, 2023 - 2030, USD Million
TABLE 11 LAMEA Small Business Loans Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Small Business Loans Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Consumer Credit Loans Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Consumer Credit Loans Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Real estate Loans Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Real estate Loans Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Student Loans Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Student Loans Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Peer to Peer Lending Market by End User, 2019 - 2022, USD Million
TABLE 20 LAMEA Peer to Peer Lending Market by End User, 2023 - 2030, USD Million
TABLE 21 LAMEA Business Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Business Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Personal Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Personal Market by Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Peer to Peer Lending Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Peer to Peer Lending Market by Country, 2023 - 2030, USD Million
TABLE 27 Brazil Peer to Peer Lending Market, 2019 - 2022, USD Million
TABLE 28 Brazil Peer to Peer Lending Market, 2023 - 2030, USD Million
TABLE 29 Brazil Peer to Peer Lending Market by Business Model, 2019 - 2022, USD Million
TABLE 30 Brazil Peer to Peer Lending Market by Business Model, 2023 - 2030, USD Million
TABLE 31 Brazil Peer to Peer Lending Market by Loan Type, 2019 - 2022, USD Million
TABLE 32 Brazil Peer to Peer Lending Market by Loan Type, 2023 - 2030, USD Million
TABLE 33 Brazil Peer to Peer Lending Market by End User, 2019 - 2022, USD Million
TABLE 34 Brazil Peer to Peer Lending Market by End User, 2023 - 2030, USD Million
TABLE 35 Argentina Peer to Peer Lending Market, 2019 - 2022, USD Million
TABLE 36 Argentina Peer to Peer Lending Market, 2023 - 2030, USD Million
TABLE 37 Argentina Peer to Peer Lending Market by Business Model, 2019 - 2022, USD Million
TABLE 38 Argentina Peer to Peer Lending Market by Business Model, 2023 - 2030, USD Million
TABLE 39 Argentina Peer to Peer Lending Market by Loan Type, 2019 - 2022, USD Million
TABLE 40 Argentina Peer to Peer Lending Market by Loan Type, 2023 - 2030, USD Million
TABLE 41 Argentina Peer to Peer Lending Market by End User, 2019 - 2022, USD Million
TABLE 42 Argentina Peer to Peer Lending Market by End User, 2023 - 2030, USD Million
TABLE 43 UAE Peer to Peer Lending Market, 2019 - 2022, USD Million
TABLE 44 UAE Peer to Peer Lending Market, 2023 - 2030, USD Million
TABLE 45 UAE Peer to Peer Lending Market by Business Model, 2019 - 2022, USD Million
TABLE 46 UAE Peer to Peer Lending Market by Business Model, 2023 - 2030, USD Million
TABLE 47 UAE Peer to Peer Lending Market by Loan Type, 2019 - 2022, USD Million
TABLE 48 UAE Peer to Peer Lending Market by Loan Type, 2023 - 2030, USD Million
TABLE 49 UAE Peer to Peer Lending Market by End User, 2019 - 2022, USD Million
TABLE 50 UAE Peer to Peer Lending Market by End User, 2023 - 2030, USD Million
TABLE 51 Saudi Arabia Peer to Peer Lending Market, 2019 - 2022, USD Million
TABLE 52 Saudi Arabia Peer to Peer Lending Market, 2023 - 2030, USD Million
TABLE 53 Saudi Arabia Peer to Peer Lending Market by Business Model, 2019 - 2022, USD Million
TABLE 54 Saudi Arabia Peer to Peer Lending Market by Business Model, 2023 - 2030, USD Million
TABLE 55 Saudi Arabia Peer to Peer Lending Market by Loan Type, 2019 - 2022, USD Million
TABLE 56 Saudi Arabia Peer to Peer Lending Market by Loan Type, 2023 - 2030, USD Million
TABLE 57 Saudi Arabia Peer to Peer Lending Market by End User, 2019 - 2022, USD Million
TABLE 58 Saudi Arabia Peer to Peer Lending Market by End User, 2023 - 2030, USD Million
TABLE 59 South Africa Peer to Peer Lending Market, 2019 - 2022, USD Million
TABLE 60 South Africa Peer to Peer Lending Market, 2023 - 2030, USD Million
TABLE 61 South Africa Peer to Peer Lending Market by Business Model, 2019 - 2022, USD Million
TABLE 62 South Africa Peer to Peer Lending Market by Business Model, 2023 - 2030, USD Million
TABLE 63 South Africa Peer to Peer Lending Market by Loan Type, 2019 - 2022, USD Million
TABLE 64 South Africa Peer to Peer Lending Market by Loan Type, 2023 - 2030, USD Million
TABLE 65 South Africa Peer to Peer Lending Market by End User, 2019 - 2022, USD Million
TABLE 66 South Africa Peer to Peer Lending Market by End User, 2023 - 2030, USD Million
TABLE 67 Nigeria Peer to Peer Lending Market, 2019 - 2022, USD Million
TABLE 68 Nigeria Peer to Peer Lending Market, 2023 - 2030, USD Million
TABLE 69 Nigeria Peer to Peer Lending Market by Business Model, 2019 - 2022, USD Million
TABLE 70 Nigeria Peer to Peer Lending Market by Business Model, 2023 - 2030, USD Million
TABLE 71 Nigeria Peer to Peer Lending Market by Loan Type, 2019 - 2022, USD Million
TABLE 72 Nigeria Peer to Peer Lending Market by Loan Type, 2023 - 2030, USD Million
TABLE 73 Nigeria Peer to Peer Lending Market by End User, 2019 - 2022, USD Million
TABLE 74 Nigeria Peer to Peer Lending Market by End User, 2023 - 2030, USD Million
TABLE 75 Rest of LAMEA Peer to Peer Lending Market, 2019 - 2022, USD Million
TABLE 76 Rest of LAMEA Peer to Peer Lending Market, 2023 - 2030, USD Million
TABLE 77 Rest of LAMEA Peer to Peer Lending Market by Business Model, 2019 - 2022, USD Million
TABLE 78 Rest of LAMEA Peer to Peer Lending Market by Business Model, 2023 - 2030, USD Million
TABLE 79 Rest of LAMEA Peer to Peer Lending Market by Loan Type, 2019 - 2022, USD Million
TABLE 80 Rest of LAMEA Peer to Peer Lending Market by Loan Type, 2023 - 2030, USD Million
TABLE 81 Rest of LAMEA Peer to Peer Lending Market by End User, 2019 - 2022, USD Million
TABLE 82 Rest of LAMEA Peer to Peer Lending Market by End User, 2023 - 2030, USD Million
TABLE 83 Key Information – Harmoney Corp Limited
TABLE 84 Key Information – LendingTree, LLC
TABLE 85 Key Information – goPeer Corporation
TABLE 86 Key Information – Linked P2P Limited
TABLE 87 Key Information – Lending Loop
TABLE 88 Key Information – MoneyMe Limited
TABLE 89 Key Information – Funding Circle Limited
TABLE 90 Key Information – Upstart Network, Inc.
TABLE 91 Key Information – LendingClub Bank
TABLE 92 Key Information – Prosper Funding LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Peer to Peer Lending Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Peer to Peer Lending Market
FIG 4 Porter’s Five Forces Analysis – Peer to Peer Lending Market
FIG 5 LAMEA Peer to Peer Lending Market share by Business Model, 2022
FIG 6 LAMEA Peer to Peer Lending Market share by Business Model, 2030
FIG 7 LAMEA Peer to Peer Lending Market by Business Model, 2019 - 2030, USD Million
FIG 8 LAMEA Peer to Peer Lending Market share by Loan Type, 2022
FIG 9 LAMEA Peer to Peer Lending Market share by Loan Type, 2030
FIG 10 LAMEA Peer to Peer Lending Market by Loan Type, 2019 - 2030, USD Million
FIG 11 LAMEA Peer to Peer Lending Market share by End User, 2022
FIG 12 LAMEA Peer to Peer Lending Market share by End User, 2030
FIG 13 LAMEA Peer to Peer Lending Market by End User, 2019 - 2030, USD Million
FIG 14 LAMEA Peer to Peer Lending Market share by Country, 2022
FIG 15 LAMEA Peer to Peer Lending Market share by Country, 2030
FIG 16 LAMEA Peer to Peer Lending Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: Harmoney Corp Limited
FIG 18 SWOT Analysis: LendingTree, LLC
FIG 19 SWOT Analysis: goPeer Corporation
FIG 20 SWOT Analysis: Funding Circle Limited
FIG 21 SWOT Analysis: Upstart Network, Inc.
FIG 22 SWOT Analysis: LendingClub Bank