Asia Pacific Peer-to-peer (P2P) lending Market (2021-2027) | Size, Analysis, Forecast, Trends, Revenue, industry, Growth, & COVID-19 IMPACT

Latest 2023 Development of the Asia Pacific Peer-to-Peer Lending Market

The Asia Pacific Peer-to-Peer Lending market is witnessing rapid expansion. P2P lending platforms are expanding beyond their home markets to reach new customers. For example, the Chinese P2P lending platform Lufax has expanded into Singapore and Malaysia, while the Indonesian platform KoinWorks has expanded into the Philippines and Vietnam. Additionally, the governments in the region have been taking steps to regulate the P2P lending industry to protect consumers and promote healthy growth. For example, in 2020, China's central bank issued new rules that required P2P lending platforms to provide more disclosure and to hold more reserves to manage risk. Moreover, the market has also witnessed few collaborations with traditional financial institutions. Some P2P lending platforms are partnering with traditional banks to expand their reach and provide more diverse lending options. In 2021, Indonesia's P2P lending platform Investree announced a partnership with Japan's Sumitomo Mitsui Banking Corporation to expand its business in the country.

The Asia Pacific Peer-to-Peer Lending industry is experiencing increased interest from institutional investors. Institutional investors such as private equity firms and hedge funds are increasingly investing in P2P lending platforms in the Asia Pacific region. In 2020, India's P2P lending platform Faircent raised $5.5 million in a funding round led by Singapore-based Das Capital. Further, some P2P lending platforms are exploring the use of blockchain technology to enhance transparency and security. For example, Singapore-based P2P lending platform Validus is using blockchain technology to manage loan disbursement and repayment. Additionally, P2P lending platforms in the region have been attracting a growing number of investors. This is due to the high potential returns offered by P2P lending, which can be much higher than traditional investment options. In addition, many P2P lending platforms in the region have been expanding their services and offerings, including new loan products and value-added services such as credit scoring and insurance. Further, the market is experiencing an increased focus on risk management. With the growth of the market and the emergence of new players, there has been an increased focus on risk management and credit underwriting practices to ensure the sustainability of the industry and enhance the market share of players.

Asia Pacific Peer-to-Peer Lending Market Synopsis

Asia Pacific Peer to Peer (P2P) Lending Market is forecast to show significant growth due to the increase in the implementation of online applications and growing demand for technology banking systems. Low market risk and affordable operating costs are the major driving factors of the market. In addition, the adoption of digitization in the banking sector adds to the transparency over traditional banking systems, which is expected to fuel the growth of the market. P2P lending is one of the fastest-growing fintech platforms. However, the risk of losing money and implementation of stringent government regulations for loan processing and low awareness of P2P lending benefits among the population hampers the growth of the market. To get the best funding important details are given to lenders which is not healthy but can hamper the growth of the market. Impacts of Covid19 pandemic has tremendously affected the P2P lending market. Around sixteen lenders and investors in the market across the Asia Pacific region have indicated that several companies are cost-cutting to survive. Many companies and platforms across Asia are scrambling to raise funds and stave off bankruptcy as they face a wave of bad loans.

According to the 6Wresearch, the Asia Pacific (APAC) Peer Peer Lending Market is likely to witness significant growth during 2021-2027. Asia Pacific market is one of the most highly established markets of P2P in the world. Moreover, China has occupied the major share in the market of Asia pacific due to the vast shadow banking sector and unofficial estimates that are endorsing the market. In China, the P2P lending market is an important source of finance for small and medium-sized enterprises. P2P lending has had a slow start in Japan due to the already substantial number of lending options available to consumers. In Malaysia, the p2p lending market is regulated by the government. In the Philippines, the P2P lending platform is a type of financial platform which provides people to fulfil their financial needs. In South Korea, Government promotes the P2P lending market. In India, P2P lending is regulated by the Master Directions for NBFC Peer to Peer lending Platforms issued by RBI. In Singapore, P2P lending will continue to succeed as the competitive economy makes it ideal for companies to set up shop locally and expand overseas. The P2P lending market in Vietnam has emerged to provide an alternative financing method to businesses and individuals.

The Asia Pacific peer-to-peer lending market is segmented on the basis of business models and their types, end users, and Countries. In terms of business model, the market is bifurcated into alternate marketplace lending and traditional lending. Depending on the type, it is categorized into consumer lending and business lending. As per end user, it is segregated into consumer credit loans, small business loans, student loans, and real estate loans. Region-wise, it is analysed across North America, Europe, Asia-Pacific, Latin America, Africa and the Middle East. The key players profiled in the peer-to-peer lending market trends are Avant Inc., Funding Circle Limited, Kabbage Inc., Lending Club Corporation, LendingTree LLC, On Deck Capital Inc., Prosper Marketplace Inc., RateSetter, Social Finance Inc., and Zopa Limited. These key players have adopted various strategies such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to increase their market penetration and strengthen their position in the industry. 

The Asia-Pacific Peer to Peer Lending market report thoroughly covers the market by Application and key countries including India, China, Japan, Australia, Indonesia and the rest of Asia Pacific.  The Asia-Pacific Peer-to-Peer Lending market outlook report provides an unbiased and detailed analysis of the ongoing Asia-Pacific P2P market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report

• Asia Pacific Peer-to-peer (P2P) lending Market Outlook
• Market Size of Asia Pacific Peer-to-peer (P2P) lending Market, 2020
• Forecast of Asia Pacific Peer-to-peer (P2P) lending Market, 2027
• Historical Data and Forecast of Asia Pacific Peer-to-peer (P2P) lending Revenues & Volume for the Period 2017 - 2027
• Asia Pacific Peer-to-peer (P2P) lending Market Trend Evolution
• Asia Pacific Peer-to-peer (P2P) lending Market Drivers and Challenges
• Asia Pacific Peer-to-peer (P2P) lending Price Trends
• Asia Pacific Peer-to-peer (P2P) lending Porter's Five Forces
• Asia Pacific Peer-to-peer (P2P) lending Industry Life Cycle
• Historical Data and Forecast of Asia Pacific Peer-to-peer (P2P) lending Market Revenues & Volume By Business Model for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Peer-to-peer (P2P) lending Market Revenues & Volume By Alternate Marketplace Lending for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Peer-to-peer (P2P) lending Market Revenues & Volume By Traditional Lending for the Period 2017 - 2027
• Historical Data and Forecast of China Peer-to-peer (P2P) lending Market Revenues & Volume By Business Model for the Period 2017 - 2027
• Historical Data and Forecast of China Peer-to-peer (P2P) lending Market Revenues & Volume By Alternate Marketplace Lending for the Period 2017 - 2027
• Historical Data and Forecast of China Peer-to-peer (P2P) lending Market Revenues & Volume By Traditional Lending for the Period 2017 - 2027
• Historical Data and Forecast of India Peer-to-peer (P2P) lending Market Revenues & Volume By Business Model for the Period 2017 - 2027
• Historical Data and Forecast of India Peer-to-peer (P2P) lending Market Revenues & Volume By Alternate Marketplace Lending for the Period 2017 - 2027
• Historical Data and Forecast of India Peer-to-peer (P2P) lending Market Revenues & Volume By Traditional Lending for the Period 2017 - 2027
• Historical Data and Forecast of Japan Peer-to-peer (P2P) lending Market Revenues & Volume By Business Model for the Period 2017 - 2027
• Historical Data and Forecast of Japan Peer-to-peer (P2P) lending Market Revenues & Volume By Alternate Marketplace Lending for the Period 2017 - 2027
• Historical Data and Forecast of Japan Peer-to-peer (P2P) lending Market Revenues & Volume By Traditional Lending for the Period 2017 - 2027
• Historical Data and Forecast of Australia Peer-to-peer (P2P) lending Market Revenues & Volume By Business Model for the Period 2017 - 2027
• Historical Data and Forecast of Australia Peer-to-peer (P2P) lending Market Revenues & Volume By Alternate Marketplace Lending for the Period 2017 - 2027
• Historical Data and Forecast of Australia Peer-to-peer (P2P) lending Market Revenues & Volume By Traditional Lending for the Period 2017 - 2027
• Historical Data and Forecast of Indonesia Peer-to-peer (P2P) lending Market Revenues & Volume By Business Model for the Period 2017 - 2027
• Historical Data and Forecast of Indonesia Peer-to-peer (P2P) lending Market Revenues & Volume By Alternate Marketplace Lending for the Period 2017 - 2027
• Historical Data and Forecast of Indonesia Peer-to-peer (P2P) lending Market Revenues & Volume By Traditional Lending for the Period 2017 - 2027
• Historical Data and Forecast of Philippines Peer-to-peer (P2P) lending Market Revenues & Volume By Business Model for the Period 2017 - 2027
• Historical Data and Forecast of Philippines Peer-to-peer (P2P) lending Market Revenues & Volume By Alternate Marketplace Lending for the Period 2017 - 2027
• Historical Data and Forecast of Philippines Peer-to-peer (P2P) lending Market Revenues & Volume By Traditional Lending for the Period 2017 - 2027
• Historical Data and Forecast of Malaysia Peer-to-peer (P2P) lending Market Revenues & Volume By Business Model for the Period 2017 - 2027
• Historical Data and Forecast of Malaysia Peer-to-peer (P2P) lending Market Revenues & Volume By Alternate Marketplace Lending for the Period 2017 - 2027
• Historical Data and Forecast of Malaysia Peer-to-peer (P2P) lending Market Revenues & Volume By Traditional Lending for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Asia Peer-to-peer (P2P) lending Market Revenues & Volume By Business Model for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Asia Peer-to-peer (P2P) lending Market Revenues & Volume By Alternate Marketplace Lending for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Asia Peer-to-peer (P2P) lending Market Revenues & Volume By Traditional Lending for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Peer-to-peer (P2P) lending Market Revenues & Volume By Type for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Peer-to-peer (P2P) lending Market Revenues & Volume By Consumer Lending for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Peer-to-peer (P2P) lending Market Revenues & Volume By Business Lending for the Period 2017 - 2027
• Historical Data and Forecast of China Peer-to-peer (P2P) lending Market Revenues & Volume By Type for the Period 2017 - 2027
• Historical Data and Forecast of China Peer-to-peer (P2P) lending Market Revenues & Volume By Consumer Lending for the Period 2017 - 2027
• Historical Data and Forecast of China Peer-to-peer (P2P) lending Market Revenues & Volume By Business Lending for the Period 2017 - 2027
• Historical Data and Forecast of India Peer-to-peer (P2P) lending Market Revenues & Volume By Type for the Period 2017 - 2027
• Historical Data and Forecast of India Peer-to-peer (P2P) lending Market Revenues & Volume By Consumer Lending for the Period 2017 - 2027
• Historical Data and Forecast of India Peer-to-peer (P2P) lending Market Revenues & Volume By Business Lending for the Period 2017 - 2027
• Historical Data and Forecast of Japan Peer-to-peer (P2P) lending Market Revenues & Volume By Type for the Period 2017 - 2027
• Historical Data and Forecast of Japan Peer-to-peer (P2P) lending Market Revenues & Volume By Consumer Lending for the Period 2017 - 2027
• Historical Data and Forecast of Japan Peer-to-peer (P2P) lending Market Revenues & Volume By Business Lending for the Period 2017 - 2027
• Historical Data and Forecast of Australia Peer-to-peer (P2P) lending Market Revenues & Volume By Type for the Period 2017 - 2027
• Historical Data and Forecast of Australia Peer-to-peer (P2P) lending Market Revenues & Volume By Consumer Lending for the Period 2017 - 2027
• Historical Data and Forecast of Australia Peer-to-peer (P2P) lending Market Revenues & Volume By Business Lending for the Period 2017 - 2027
• Historical Data and Forecast of Indonesia Peer-to-peer (P2P) lending Market Revenues & Volume By Type for the Period 2017 - 2027
• Historical Data and Forecast of Indonesia Peer-to-peer (P2P) lending Market Revenues & Volume By Consumer Lending for the Period 2017 - 2027
• Historical Data and Forecast of Indonesia Peer-to-peer (P2P) lending Market Revenues & Volume By Business Lending for the Period 2017 - 2027
• Historical Data and Forecast of Philippines Peer-to-peer (P2P) lending Market Revenues & Volume By Type for the Period 2017 - 2027
• Historical Data and Forecast of Philippines Peer-to-peer (P2P) lending Market Revenues & Volume By Consumer Lending for the Period 2017 - 2027
• Historical Data and Forecast of Philippines Peer-to-peer (P2P) lending Market Revenues & Volume By Business Lending for the Period 2017 - 2027
• Historical Data and Forecast of Malaysia Peer-to-peer (P2P) lending Market Revenues & Volume By Type for the Period 2017 - 2027
• Historical Data and Forecast of Malaysia Peer-to-peer (P2P) lending Market Revenues & Volume By Consumer Lending for the Period 2017 - 2027
• Historical Data and Forecast of Malaysia Peer-to-peer (P2P) lending Market Revenues & Volume By Business Lending for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Asia Peer-to-peer (P2P) lending Market Revenues & Volume By Type for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Asia Peer-to-peer (P2P) lending Market Revenues & Volume By Consumer Lending for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Asia Peer-to-peer (P2P) lending Market Revenues & Volume By Business Lending for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Peer-to-peer (P2P) lending Market Revenues & Volume By End User for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Peer-to-peer (P2P) lending Market Revenues & Volume By Consumer Credit Loans for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Peer-to-peer (P2P) lending Market Revenues & Volume By Small Business Loans for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Peer-to-peer (P2P) lending Market Revenues & Volume By Student Loans for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Peer-to-peer (P2P) lending Market Revenues & Volume By Real Estate Loans for the Period 2017 - 2027
• Historical Data and Forecast of China Peer-to-peer (P2P) lending Market Revenues & Volume By End User for the Period 2017 - 2027
• Historical Data and Forecast of China Peer-to-peer (P2P) lending Market Revenues & Volume By Consumer Credit Loans for the Period 2017 - 2027
• Historical Data and Forecast of China Peer-to-peer (P2P) lending Market Revenues & Volume By Small Business Loans for the Period 2017 - 2027
• Historical Data and Forecast of China Peer-to-peer (P2P) lending Market Revenues & Volume By Student Loans for the Period 2017 - 2027
• Historical Data and Forecast of China Peer-to-peer (P2P) lending Market Revenues & Volume By Real Estate Loans for the Period 2017 - 2027
• Historical Data and Forecast of India Peer-to-peer (P2P) lending Market Revenues & Volume By End User for the Period 2017 - 2027
• Historical Data and Forecast of India Peer-to-peer (P2P) lending Market Revenues & Volume By Consumer Credit Loans for the Period 2017 - 2027
• Historical Data and Forecast of India Peer-to-peer (P2P) lending Market Revenues & Volume By Small Business Loans for the Period 2017 - 2027
• Historical Data and Forecast of India Peer-to-peer (P2P) lending Market Revenues & Volume By Student Loans for the Period 2017 - 2027
• Historical Data and Forecast of India Peer-to-peer (P2P) lending Market Revenues & Volume By Real Estate Loans for the Period 2017 - 2027
• Historical Data and Forecast of Japan Peer-to-peer (P2P) lending Market Revenues & Volume By End User for the Period 2017 - 2027
• Historical Data and Forecast of Japan Peer-to-peer (P2P) lending Market Revenues & Volume By Consumer Credit Loans for the Period 2017 - 2027
• Historical Data and Forecast of Japan Peer-to-peer (P2P) lending Market Revenues & Volume By Small Business Loans for the Period 2017 - 2027
• Historical Data and Forecast of Japan Peer-to-peer (P2P) lending Market Revenues & Volume By Student Loans for the Period 2017 - 2027
• Historical Data and Forecast of Japan Peer-to-peer (P2P) lending Market Revenues & Volume By Real Estate Loans for the Period 2017 - 2027
• Historical Data and Forecast of Australia Peer-to-peer (P2P) lending Market Revenues & Volume By End User for the Period 2017 - 2027
• Historical Data and Forecast of Australia Peer-to-peer (P2P) lending Market Revenues & Volume By Consumer Credit Loans for the Period 2017 - 2027
• Historical Data and Forecast of Australia Peer-to-peer (P2P) lending Market Revenues & Volume By Small Business Loans for the Period 2017 - 2027
• Historical Data and Forecast of Australia Peer-to-peer (P2P) lending Market Revenues & Volume By Student Loans for the Period 2017 - 2027
• Historical Data and Forecast of Australia Peer-to-peer (P2P) lending Market Revenues & Volume By Real Estate Loans for the Period 2017 - 2027
• Historical Data and Forecast of Indonesia Peer-to-peer (P2P) lending Market Revenues & Volume By End User for the Period 2017 - 2027
• Historical Data and Forecast of Indonesia Peer-to-peer (P2P) lending Market Revenues & Volume By Consumer Credit Loans for the Period 2017 - 2027
• Historical Data and Forecast of Indonesia Peer-to-peer (P2P) lending Market Revenues & Volume By Small Business Loans for the Period 2017 - 2027
• Historical Data and Forecast of Indonesia Peer-to-peer (P2P) lending Market Revenues & Volume By Student Loans for the Period 2017 - 2027
• Historical Data and Forecast of Indonesia Peer-to-peer (P2P) lending Market Revenues & Volume By Real Estate Loans for the Period 2017 - 2027
• Historical Data and Forecast of Philippines Peer-to-peer (P2P) lending Market Revenues & Volume By End User for the Period 2017 - 2027
• Historical Data and Forecast of Philippines Peer-to-peer (P2P) lending Market Revenues & Volume By Consumer Credit Loans for the Period 2017 - 2027
• Historical Data and Forecast of Philippines Peer-to-peer (P2P) lending Market Revenues & Volume By Small Business Loans for the Period 2017 - 2027
• Historical Data and Forecast of Philippines Peer-to-peer (P2P) lending Market Revenues & Volume By Student Loans for the Period 2017 - 2027
• Historical Data and Forecast of Philippines Peer-to-peer (P2P) lending Market Revenues & Volume By Real Estate Loans for the Period 2017 - 2027
• Historical Data and Forecast of Malaysia Peer-to-peer (P2P) lending Market Revenues & Volume By End User for the Period 2017 - 2027
• Historical Data and Forecast of Malaysia Peer-to-peer (P2P) lending Market Revenues & Volume By Consumer Credit Loans for the Period 2017 - 2027
• Historical Data and Forecast of Malaysia Peer-to-peer (P2P) lending Market Revenues & Volume By Small Business Loans for the Period 2017 - 2027
• Historical Data and Forecast of Malaysia Peer-to-peer (P2P) lending Market Revenues & Volume By Student Loans for the Period 2017 - 2027
• Historical Data and Forecast of Malaysia Peer-to-peer (P2P) lending Market Revenues & Volume By Real Estate Loans for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Asia Peer-to-peer (P2P) lending Market Revenues & Volume By End User for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Asia Peer-to-peer (P2P) lending Market Revenues & Volume By Consumer Credit Loans for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Asia Peer-to-peer (P2P) lending Market Revenues & Volume By Small Business Loans for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Asia Peer-to-peer (P2P) lending Market Revenues & Volume By Student Loans for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Asia Peer-to-peer (P2P) lending Market Revenues & Volume By Real Estate Loans for the Period 2017 - 2027
• Asia Pacific Peer-to-peer (P2P) lending Market - Key Performance Indicators
• Asia Pacific Peer-to-peer (P2P) lending Market - Import Export Trade Statistics
• Asia Pacific Peer-to-peer (P2P) lending Market - Opportunity Assessment By Countries
• Asia Pacific Peer-to-peer (P2P) lending Market - Opportunity Assessment By Business Model
• Asia Pacific Peer-to-peer (P2P) lending Market - Opportunity Assessment By Type
• Asia Pacific Peer-to-peer (P2P) lending Market - Opportunity Assessment By End User
• Asia Pacific Peer-to-peer (P2P) lending Market - Top Companies Market Share
• Asia Pacific Peer-to-peer (P2P) lending Market - Top Companies Profiles
• Asia Pacific Peer-to-peer (P2P) lending Market - Comparison of Players in Technical and Operating Parameters
• Asia Pacific Peer-to-peer (P2P) lending Market - Strategic Recommendations

Markets Covered

The market report covers the following segments:

By Business Model:

• Alternate Marketplace Lending
• Traditional Lending

By Type:

• Consumer Lending
• Business Lending

By End User:

• Consumer Credit Loans
• Small Business Loans
• Student Loans
• Real Estate Loans

By Countries:

• India
• China
• Japan
• Australia
• Indonesia
• Rest of Asia Pacific

Asia Pacific Peer-To-Peer (P2P) Lending Market: FAQs