Alternative Financing Market Size - By Type (Peer-to-Peer Lending, Crowdfunding, Invoice Trade), By End Use (Individual, Businesses) & Global Forecast, 2023

Description

List of Tables

Global Alternative Financing Market will have a stable growth rate from 2023-2032, driven by the rise of fintech companies and online platforms facilitating easier access to financing options, making it more convenient for borrowers.

Tightening regulations in traditional banking have led businesses and individuals to explore alternative sources of funding. For instance, the Sarbanes-Oxley Act passed in response to the Enron scandal requires public companies to maintain strong internal controls over financial reporting. The act also requires companies to establish independent audit committees and disclose any material weaknesses in their internal controls.

The demand for quick and flexible financing solutions, particularly among small and medium-sized enterprises (SMEs), has further fueled the growth of alternative financing. Moreover, the increasing awareness and acceptance of crowdfunding, peer-to-peer lending, and other non-traditional financing methods have contributed to market gains.

The overall Alternative Financing Market is classified based on type, end-use, and region.

Based on type, the invoice trade segment will garner a sizeable valuation by 2032. Invoice trade financing allows businesses to unlock working capital by selling outstanding invoices to investors or lenders at a discounted rate. Invoice trade provides immediate liquidity, enabling companies to manage cash flow effectively and fund growth without traditional borrowing. Moreover, it minimizes the risk of late payments or bad debts, making it an attractive option for businesses looking to improve financial stability and capitalize on their accounts receivable, thereby gaining commendable traction.

With respect to end-use, the alternative financing industry size from the individual segment will exhibit a healthy growth rate from 2023 to 2032. Individuals are turning to alternative financing options for personal needs, such as funding education, medical expenses, home improvements, or debt consolidation. Peer-to-peer lending platforms and crowdfunding opportunities offer individuals greater access to capital and flexible borrowing terms. Additionally, the ease of online applications and faster approval processes make alternative financing attractive to those seeking quick financial solutions outside traditional banking channels. The growing preference for personalized and convenient financing options is driving the surge in individual use.

Regionally, Europe alternative financing market share will amass lucrative gains over 2023-2032 due to the region's diverse and dynamic business landscape, where SMEs seek flexible funding options. The rise of fintech companies and digital platforms has also played a crucial role in expanding access to alternative financing solutions. Moreover, the increasing awareness and acceptance of crowdfunding, peer-to-peer lending, and other non-traditional funding methods have further fuelled the market's expansion. Europe's evolving financial ecosystem and the demand for innovative financing options continue to drive the popularity of alternative financing in the region.

Product Code: 5670

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation.
1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Alternative financing market 360 degree synopsis, 2018 - 2032
2.2 Business trends
- 2.2.1 Total Addressable Market (TAM)
2.3 Regional trends
2.4 Type trends
2.5 End use trends

Chapter 3 Alternative Financing Industry Insights

3.1 Impact on COVID-19
3.2 Russia- Ukraine war impact
3.3 Industry ecosystem analysis
3.4 Vendor matrix
3.5 Profit margin analysis
3.6 Technology & innovation landscape
- 3.6.1 Blockchain
- 3.6.2 Artificial intelligence (AI)
3.7 Patent analysis
3.8 Key news and initiatives
3.9 Regulatory landscape
3.10 Impact forces
- 3.10.1 Growth drivers
  - 3.10.1.1 Rising adoption of IOT and blockchain-based alternative financing platforms
  - 3.10.1.2 Surge adoption of alternative finance
  - 3.10.1.3 Lower operating cost of alternative financing
  - 3.10.1.4 Increase in technology driven lenders
- 3.10.2 Industry pitfalls & challenges
  - 3.10.2.1 Lack of awareness and understanding
3.11 Growth potential analysis
3.12 Porter's analysis
3.13 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players, 2022
- 4.3.1 Quicken Loans (Rocket Mortgage, LLC)
- 4.3.2 Finastra
- 4.3.3 LendingTree, LLC
- 4.3.4 Upstart Network, Inc.
- 4.3.5 SoFi
- 4.3.6 PennyMac
- 4.3.7 LendingClub
4.4 Competitive positioning matrix, 2022
4.5 Strategic outlook matrix, 2022

Chapter 5 Alternative Financing Market Estimates and Forecast, By Type(USD Million)

5.1 Key trends, by type
5.2 Peer-to-Peer lending
5.3 Crowdfunding
5.4 Invoice Trade

Chapter 6 Alternative Financing Market Estimates and Forecast, By End-Use (USD Million)

6.1 Key trends, by End use
6.2 Businesses
6.3 Individual

Chapter 7 Alternative Financing Market Estimates and Forecast, By Region (USD Million)

7.1 Key trends, by region
7.2 North America
- 7.2.1 U.S.
- 7.2.2 Canada
7.3 Europe
- 7.3.1 UK
- 7.3.2 Germany
- 7.3.3 France
- 7.3.4 Italy
- 7.3.5 Spain
- 7.3.6 Netherlands
7.4 Asia Pacific
- 7.4.1 China
- 7.4.2 India
- 7.4.3 Japan
- 7.4.4 South Korea
- 7.4.5 ANZ
7.5 Latin America
- 7.5.1 Brazil
- 7.5.2 Mexico
- 7.5.3 Argentina
7.6 MEA
- 7.6.1 UAE
- 7.6.2 Saudi Arab
- 7.6.3 South Africa

Chapter 8 Company Profiles

8.1 BorrowersFirst
8.2 Finastra
8.3 Funding Circle
8.4 GoFundMe
8.5 LendingClub
8.6 LendingCrowd
8.7 LendingTree, LLC
8.8 Mintos
8.9 OnDeck
8.10 PennyMac
8.11 Prosper Funding LLC
8.12 RateSetter
8.13 SoFi
8.14 Quicken Loans (Rocket Mortgage, LLC)
8.15 Upstart Network, Inc.