Argentina Alternative Lending Market Business and Investment Opportunities Databook – 75+ KPIs on Alternative Lending Market Size, By End User, By Finance Model, By Payment Instrument, By Loan Type and Demographics - Q2 2024 Update

Argentina Alternative Lending Market Business and Investment Opportunities Databook – 75+ KPIs on Alternative Lending Market Size, By End User, By Finance Model, By Payment Instrument, By Loan Type and Demographics - Q2 2024 Update

According to PayNXT360, the alternative lending in the country is expected to grow by 26.2% on an annual basis to reach US$386.5 million in 2024.

Medium to long term growth story of alternative lending in Argentina remains strong. Alternative lending adoption is expected to grow steadily over the forecast period, recording a CAGR of 17.6% during 2024-2028. The alternative lending market in the country will increase from US$306.2 million in 2023 to reach US$739.1 million by 2028.

Argentina's alternative lending sector is expanding rapidly, driven by innovations like embedded finance, digital lending platforms, and payroll advances. Strategic partnerships and regulatory advancements, such as open banking and real-time payment systems, are further enhancing financial inclusion and service accessibility. The sector's growth is set to continue as fintechs and traditional institutions collaborate to meet evolving consumer needs.

Growth in the Alternative Lending Sector

Argentina's alternative lending sector has seen notable growth as demand for accessible credit solutions rises among consumers and small businesses. Fintech companies are introducing innovative products to cater to the needs of the underserved population, with peer-to-peer lending and buy now, pay later (BNPL) services gaining traction.

Looking ahead, the sector is poised for continued expansion. In the coming months, further collaboration between traditional financial institutions and fintech firms is expected to enhance service offerings and promote financial inclusion.

Key Developments in the Alternative Lending Sector

Product Launches and Innovations

• Embedded Finance Solutions - Fintech firms focus on embedded finance, integrating lending into retail platforms. For example, Banco Galicia offers buy now, pay later (BNPL) solutions, allowing customers to finance purchases at the point of sale through retailer partnerships.

• Digital Lending Platforms - Mercado Libre has enhanced its digital lending capabilities, offering personal loans and credit lines to users on its platform. This move aims to leverage its extensive user base and data analytics to provide tailored credit solutions.

• Payroll Advance Products - Fintechs are increasingly introducing payroll advance products, allowing employees to access a portion of their salaries before payday. This product has gained traction as a flexible solution for consumers facing cash flow challenges.

Strategic Partnerships

Banco Galicia and Mercado Pago have a significant partnership in Argentina's alternative lending sector, focusing on offering buy now, pay later (BNPL) solutions through Mercado Libre's platform. This collaboration leverages Banco Galicia's financial services and Mercado Pago's user base to enhance consumer credit access and drive growth in the alternative lending market.

Mergers and Acquisitions

Mercado Libre Expands Lending Capabilities: Mercado Libre acquired a stake in Prisma Medios de Pago to enhance its digital lending services. Leveraging Prisma's merchant network and data analytics, Mercado Libre aims to provide tailored credit solutions to its sellers and consumers.

Regulatory Changes

• Open Banking Initiatives - The Central Bank of Argentina (BCRA) is advancing its open banking framework to enhance connectivity among financial institutions and fintech companies. The BCRA has introduced measures to allow customers to link accounts across different platforms, aiming to promote digital transactions and improve access to financial services.

• Transfers 3.0 System - The BCRA supports Transfers 3.0, a real-time payment system using QR codes for seamless transactions across financial institutions, launched in late 2021 to enhance digital payment capabilities crucial for the alternative lending ecosystem.

• Virtual Wallet Regulations - In May 2022, the BCRA introduced regulations for virtual wallets, requiring financial institutions and fintechs to allow users to link accounts from different providers. This aims to simplify payments and transfers, fostering a more unified financial environment benefiting alternative lending services.

This report provides a detailed data-centric analysis of the Alternative Lending industry, covering market opportunities and risks across a range of industry categories. With over 50 KPIs at the country level, this report provides a comprehensive understanding of Alternative Lending market dynamics, market size and forecast, and market share statistics.

It breaks down market opportunity by type of payment instrument, loan types, and consumer behavior. In addition, it provides a snapshot of marketing objective and industry spend dynamics in Argentina. KPIs in both value and share term help in getting in-depth understanding of end market dynamics.

PayNXT360’s research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view on emerging business and investment market opportunities.

Scope

This report provides in-depth data-centric analysis of Alternative Lending industry in Argentina through 125 tables and 150 charts. Below is a summary of key market segments:

Argentina Economic Indicators
• Gross Domestic Product at Current Prices
• Population
• Unbanked Population
• Unemployment Rate
• Loan Default Rate

Argentina Alternative Lending Market Size and Forecast
• Transaction Value
• Average Transaction Value
• Transaction Volume

Argentina Alternative Lending Market Size and Forecast by End User
• End User - Business
• End User - Consumer

Argentina Alternative Lending Market Size and Forecast by Finance Models
• P2P Marketplace Consumer Lending
• P2P Marketplace Business Lending
• P2P Marketplace Property Lending
• Balance Sheet Consumer Lending
• Balance Sheet Business Lending
• Balance Sheet Property Lending
• Invoice Trading
• Debt Based Securities
• Equity Based Crowd Funding
• Real Estate Crowd funding

Argentina Alternative Lending Market Size and Forecast by Payment Instrument - Transaction Value, Volume and Average Value
• Cash
• Cheques
• Credit Transfer
• Direct Debits
• Debit Card
• Credit Card
• E- Money

Argentina Alternative Lending Market Size and Forecast by Payment Instrument to Model
• Alternative Lending Market Size and Forecast by Payment Instrument to P2P Marketplace Consumer Lending
• Cash
• Cheques
• Credit Transfer
• Direct Debits
• Debit Card
• Credit Card
• E- Money
• Alternative Lending Market Size and Forecast by Payment Instrument to P2P Marketplace Business Lending
• Cash
• Cheques
• Credit Transfer
• Direct Debits
• Debit Card
• Credit Card
• E- Money
• Alternative Lending Market Size and Forecast by Payment Instrument to P2P Marketplace Property Lending
• Cash
• Cheques
• Credit Transfer
• Direct Debits
• Debit Card
• Credit Card
• E- Money
• Alternative Lending Market Size and Forecast by Payment Instrument to Balance Sheet Consumer Lending
• Cash
• Cheques
• Credit Transfer
• Direct Debits
• Debit Card
• Credit Card
• E- Money
• Alternative Lending Market Size and Forecast by Payment Instrument to Balance Sheet Business Lending
• Cash
• Cheques
• Credit Transfer
• Direct Debits
• Debit Card
• Credit Card
• E- Money
• Alternative Lending Market Size and Forecast by Payment Instrument to Balance Sheet Property Lending
• Cash
• Cheques
• Credit Transfer
• Direct Debits
• Debit Card
• Credit Card
• E- Money
• Alternative Lending Market Size and Forecast by Payment Instrument to Invoice Trading
• Cash
• Cheques
• Credit Transfer
• Direct Debits
• Debit Card
• Credit Card
• E- Money
• Alternative Lending Market Size and Forecast by Payment Instrument to Debt Based Securities
• Cash
• Cheques
• Credit Transfer
• Direct Debits
• Debit Card
• Credit Card
• E- Money
• Alternative Lending Market Size and Forecast by Payment Instrument to Equity Based Crowd Funding
• Cash
• Cheques
• Credit Transfer
• Direct Debits
• Debit Card
• Credit Card
• E- Money
• Alternative Lending Market Size and Forecast by Payment Instrument to Real Estate Crowd funding
• Cash
• Cheques
• Credit Transfer
• Direct Debits
• Debit Card
• Credit Card
• E- Money

Argentina Alternative Lending Market Size and Forecast by Loan Types
• B2C Loans
• Personal Loan
• Payroll Advance
• Home Improvement
• Education/Student Loans
• Point of Sale
• Auto Loans
• Medical Loans
• B2B Loans
• Lines of Credit
• Merchant Cash Advance
• Invoice Factoring
• Revenue Financing

Argentina Alternative Lending Analysis by Consumer Attitude and Behaviour
• By Age
• By Income
• Gender

Reasons to buy

• Gain a thorough understanding of the Alternative Lending market dynamics: Market opportunities, significant trends, and forecasting (2019 – 2028) are listed. To stay ahead of the curve, comprehend market trends using important KPIs like Value and Share.

• Insights by Industry: Evaluate new opportunities across multiple industries, and obtain market dynamics by industry in order to swiftly catch up with the latest and upcoming developments in Alternative Lending markets.

• Market-specific strategies: With our unique blend of quantitative forecasting and cutting-edge insights, we can identify growth sectors that are focused on particular opportunities and analyse market-specific risks as well as significant trends in the Alternative Lending industry.

• Through industry intelligence, forward-looking research of Alternative Lending market spend, and key opportunities in Argentina, develop proactive and profitable company plans.