Water Cooler Talk

Digital Lending Statistics – The Automated Solution Changing Finance

Digital lending is growing rapidly, with the market valued at $11.6 billion in 2023. Banks contribute 33% of this revenue, and small business loans make up 45% of P2P lending. The US holds 40% of market revenue, while APAC is the fastest-growing region. Trust in fintech is increasing among younger adults, and digital lending is expected to become the second-largest fintech segment by 2030.

Jenn Day
Jun 27, 2024

Read the Tech Report article here.

Here is a brief summary:

  • Digital lending market estimated at $11.6 billion in 2023.
  • Banks contribute to 33% of digital lending revenue.
  • Small business loans make up 45% of P2P lending.
  • The US holds 40% of market revenue; APAC shows fastest growth.
  • Increased trust in fintech among younger adults.
  • Expected to become the second-largest fintech segment by 2030.
Water Cooler Talk

Similar posts

Water Cooler Talk

Jack Henry Strategy Benchmark

The Jack Henry Strategy Benchmark survey found that growing deposits is a top priority for financial institutions. Both banks and credit unions plan...

Jenn Day May 16, 2024

Get notified on new marketing insights

Be the first to know about new B2B SaaS Marketing insights to build or refine your marketing function with the tools and knowledge of today’s industry.