United Kingdom 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

United Kingdom 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 14.3% on an annual basis to reach US$53,418.5 million in 2024.

Medium to long term growth story of alternative lending in United Kingdom remains strong. Alternative lending adoption is expected to grow steadily over the forecast period, recording a CAGR of 9.2% during 2024-2028. The alternative lending market in the country will increase from US$46,716.6 million in 2023 to reach US$75,863.6 million by 2028.

The alternative lending sector in the UK is expanding rapidly, driven by strategic partnerships, new funding initiatives, and regulatory adjustments. Innovations like Crowd Property's £15 million funding line and strategic alliances with banks are enhancing financing options for developers and consumers. Additionally, regulatory changes, including BNPL oversight and FCA guidelines, aim to ensure greater transparency and responsible lending practices, supporting sustainable growth in the sector.

Growth in the Alternative Lending Sector

Crowd Property and British Business Investments established a key partnership in the alternative lending sector in the United Kingdom. This collaboration, which secured a £15 million funding line, aims to support small and medium-sized housing developers by providing them with essential project financing. The sector is projected to experience further growth in the upcoming months. This can be attributed to the potential decrease in borrowing costs and an improved economic climate. The expansion is anticipated to be driven by heightened competition among fintech companies and alternative lenders. These entities strive to innovate and cater to the varying requirements of borrowers from different demographics.

Key Developments in the Alternative Lending Sector

Product Launches and Innovations

Crowd Property Introduces Funding Line for Housing Developers - Crowd Property, an online property lending platform, introduced a new £15 million funding line backed by British Business Investments. This initiative is intended to facilitate loans for small and medium-sized housing development projects, addressing the growing need for alternative financing in the property sector.

Strategic Partnerships

Crowd Property and British Business Investments established a key partnership in the alternative lending sector in the United Kingdom. This collaboration, which secured a £15 million funding line, aims to support small and medium-sized housing developers by providing them with essential project financing.

Additionally, Crowd Property also formed a partnership with an unnamed bank to further enhance its funding capabilities. These strategic alliances highlight the growing trend of alternative lenders collaborating with financial institutions to expand their lending capacity and better serve the needs of the property development sector amidst increasing demand for alternative financing solutions.

Mergers and Acquisitions

Freedom Finance's purchase of Lendable - A technology-driven lender specializing in personal loans. This acquisition aims to enhance Freedom Finance's capabilities in providing consumer credit solutions and expanding its market presence.

Regulatory Changes

Buy Now, Pay Later (BNPL) regulations by the UK government. This review aims to bring BNPL services under the existing consumer credit framework, ensuring that these products are subject to appropriate oversight and consumer protections. This move reflects growing concerns about the potential risks associated with unregulated lending practices.

The Financial Conduct Authority (FCA) has been actively working on guidelines to improve transparency and accountability within the alternative lending market. This includes measures to enhance the disclosure of loan terms and conditions, ensuring borrowers are fully informed before taking on debt. Furthermore, the FCA has emphasized the importance of responsible lending practices, urging alternative lenders to adopt robust risk assessment frameworks to mitigate potential consumer harm, especially in light of the current economic challenges facing many borrowers.

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 United Kingdom. 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 United Kingdom through 125 tables and 150 charts. Below is a summary of key market segments:

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

United Kingdom Alternative Lending Market Size and Forecast
• Transaction Value
• Average Transaction Value
• Transaction Volume

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

United Kingdom 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

United Kingdom 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

United Kingdom 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

United Kingdom 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

United Kingdom 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 United Kingdom, develop proactive and profitable company plans.