Alternative finance refers to financial channels, processes, and instruments that have emerged outside of the traditional finance system such as regulated banks and capital markets. Examples of alternative financing activities through 'online marketplaces' are reward-based crowdfunding, equity crowdfunding, revenue-based financing, online lenders, peer-to-peer consumer and business lending, and invoice trading third party payment platforms.
This report contains market size and forecasts of Alternative Finance in Global, including the following market information:
Global Alternative Finance Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Alternative Finance market was valued at 12260 million in 2021 and is projected to reach US$ 19740 million by 2028, at a CAGR of 7.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
P2P Lending Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Alternative Finance include Upstart, Funding Circle, Prosper Marketplace, LendingClub, MarketInvoice, CircleBack Lending, Peerform, Zopa and Mintos, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Alternative Finance companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Alternative Finance Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Alternative Finance Market Segment Percentages, by Type, 2021 (%)
P2P Lending
Crowdfunding
Invoice Trading
Others
Global Alternative Finance Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Alternative Finance Market Segment Percentages, by Application, 2021 (%)
Individual
Enterprise
Association Organization
Others
Global Alternative Finance Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Alternative Finance Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Alternative Finance revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Alternative Finance revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Upstart
Funding Circle
Prosper Marketplace
LendingClub
MarketInvoice
CircleBack Lending
Peerform
Zopa
Mintos
Lendix
RateSetter
SoFi
BorrowersFirst