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Peer-to-Peer Lending Market to Hit $21.42 Billion by 2030: Grand View Research, Inc.




SAN FRANCISCO, Aug. 28, 2023 /PRNewswire/ — The global peer-to-peer lending market size is expected to reach USD 21.42 billion by 2030, growing at a CAGR of 20.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. Changing consumer preferences and attitudes toward borrowing and investing have propelled the growth of the peer-to-peer (P2P) lending market. Many individuals prefer borrowing directly from peers or investing in loans that align with their goals. P2P lending allows borrowers and lenders to connect on a more personal level, fostering a sense of community and trust that may be lacking in traditional lending channels.

Key Industry Insights & Findings from the report:

  • Based on type, the consumer lending segment dominated the market in 2022 with a revenue share of 59.14%. P2P lending offers consumers an appealing choice for accessing affordable loans by providing a combination of lower interest rates and efficient operations
  • In terms of loan type, the unsecured segment dominated the market in 2022 with a revenue share of 65.08%. P2P lending platforms leverage sophisticated algorithms and data analytics to evaluate borrower creditworthiness, enabling them to manage and mitigate risks associated with unsecured loans effectively
  • Based on end-user, the business loans segment is anticipated to register the fastest CAGR of 22.3% over the forecast period. P2P lending platforms often have more flexible eligibility criteria and are willing to consider alternative factors beyond traditional credit scores when assessing the creditworthiness of businesses
  • In terms of purpose type, the home renovation segment is anticipated to register the fastest CAGR of 22.3% during the forecast period. P2P lending platforms attract a diverse pool of investors willing to fund home renovation projects. These investors may be individuals looking to diversify their investment portfolios or those interested in supporting home improvement initiatives
  • North America dominated the market in 2022 with a revenue share of 30.24%. The presence of established and reputable P2P lending platforms in the region has also built trust among borrowers and investors, contributing to North America’s dominance in the market

Read 120 page market research report, “Peer-to-Peer Lending Market Size, Share & Trends Analysis Report By Type (Consumer Lending, Business Lending), By Loan Type (Secured, Unsecured), By End-user, By Purpose Type, By Region, And Segment Forecasts, 2023 – 2030“, published by Grand View Research.

Peer-to-Peer Lending Market Growth & Trends

In June 2023, PeerBerry, a European peer-to-peer lending platform, achieved a significant milestone by surpassing 70,000 investors. The platform experienced substantial growth in May, generating increased interest from investors. In addition to its core platform, PeerBerry has also been promoting its sister platform, Crowdpear, which has the same shareholders. Crowdpear has attracted approximately 2,500 international investors, further expanding the reach of the PeerBerry brand and its investment opportunities.

P2P lending platforms leverage digital technologies to create a transparent and efficient lending ecosystem. Through online platforms, borrowers can easily access information about loan terms, interest rates, and fees, enabling them to make informed decisions. Similarly, investors can access detailed borrower profiles and loan information, empowering them to evaluate and select investment opportunities that align with their risk appetite. This transparency fosters trust between borrowers and investors and contributes to the overall growth and credibility of the P2P lending market.


The COVID-19 pandemic has catalyzed the rapid growth and acceptance of the P2P lending market. As physical branches and in-person interactions became limited, borrowers and investors increasingly embraced P2P lending as a convenient and efficient alternative. The digital nature of P2P lending platforms provided a seamless experience, allowing borrowers to access funds, and investors to diversify their portfolios, without needing a physical presence.

Peer-to-Peer Lending Market Report Scope



Market size value in 2023


USD 5.91 billion

Revenue forecast in 2030

USD 21.42 billion

Growth rate

CAGR of 20.2% from 2023 to 2030


Base year of estimation


Historical data

2017 – 2021

Forecast period


2023 – 2030

Peer-to-Peer Lending Market Segmentation

Grand View Research has segmented the global peer-to-peer lending market based on type, loan type, end-user, purpose type, and region:

Peer-to-Peer Lending Market – Type Outlook (Revenue, USD Billion, 2017 – 2030)

  • Consumer Lending
  • Business Lending

Peer-to-Peer Lending Market – Loan Type Outlook (Revenue, USD Billion, 2017 – 2030)

  • Secured
  • Unsecured

Peer-to-Peer Lending Market – End-user Outlook (Revenue, USD Billion, 2017 – 2030)

  • Non Business Loans
  • Business Loans

Peer-to-Peer Lending Market – Purpose Type Outlook (Revenue, USD Billion, 2017 – 2030)

  • Repaying Bank Debt
  • Credit Card Recycling
  • Education
  • Home Renovation
  • Buying Car
  • Family Celebration
  • Others

Peer-to-Peer Lending Market – Regional Outlook (Revenue, USD Billion, 2017 – 2030)

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
  • Asia Pacific
    • Indonesia
    • India
    • Japan
    • South Korea
    • Australia
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • Israel
    • South Africa
    • UAE

List of Key Players in the Peer-to-Peer Lending Market

  • LendingClub Bank
  • Lendermarket
  • Prosper Funding LLC
  • Proplend
  • PeerBerry
  • Upstart Network, Inc.
  • RateSetter
  • StreetShares, Inc.
  • Bondora Capital OÜ
  • AS Mintos Marketplace
  • Landbay Partners Limited

Check out more related studies published by Grand View Research:

  • Micro Lending Market – The global micro lending market size is expected to reach USD 86.82 billion by 2030, growing at a CAGR of 13.4% from 2022 to 2030, according to a new study conducted by Grand View Research, Inc. The growth is anticipated to be driven by several advantages offered by micro lending to the loan providers, such as the easy accessibility to offer loans within and aboard the country and earning more interest rates compared to the traditional fixed deposit and other investments. Furthermore, the growing demand for micro lending by individuals through peer-to-peer lending platforms is another major factor driving the market’s growth.
  • Digital Lending Platform Market – The global digital lending platform market size is expected to reach USD 44.50 billion by 2030, registering a CAGR of 26.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growing adoption of digitalization in the BFSI sector is expected to create new opportunities for market growth. According to the European Central Bank, in 2020, 46% of European banks could process mortgages digitally in two days compared to 8% in 2015.
  • Alternative Lending Platform Market – The global alternative lending platform market size is expected to reach USD 14.47 billion by 2030, growing at a CAGR of 23.6% from 2022 to 2030, according to a new study conducted by Grand View Research, Inc. The growing integration of technology in the financial sector worldwide is anticipated to drive the growth. The strong emphasis by market players on offering enhanced lending solutions to revolutionize the financing ecosystem also bodes well for the development of the industry.

Browse through Grand View Research’s  Next Generation Technologies Research Reports.

About Grand View Research


Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.


Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: [email protected]
Grand View Compass | Market Trend Reports
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Invitation to presentation of EQT AB’s Q1 Announcement 2024




STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.

The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.

To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.

The webcast can be followed live here and a recording will be available afterwards.

Information on EQT AB’s financial reporting


The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.

The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.

Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]

Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334

This information was brought to you by Cision


The following files are available for download:

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EQT AB Group


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Kia presents roadmap to lead global electrification era through EVs, HEVs and PBVs



  • Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
  • Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
  • Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
    • Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
    • PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
  • Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
  • 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
  • CEO reaffirms Kia’s commitment to ESG management

SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.

Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.

During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.

The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.

“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”


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BioVaxys Technology Corp. Provides Bi-Weekly MCTO Status Update




VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.

As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.

The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.

Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.

About BioVaxys Technology Corp.


BioVaxys Technology Corp. (, a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit and connect with us on X and LinkedIn.


Signed “James Passin
James Passin, Chief Executive Officer
Phone: +1 646 452 7054

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