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Alternative Financing Market Share
- Report ID: GMI5670
- Published Date: May 2023
- Report Format: PDF
Alternative Financing Market Share
Major companies operating in the alternative financing market include:
- Borrowers First
- Credoc
- Finastra
- Funding Circle
- GoFundMe
- Kickstarter
- Kiva Microfunds
- LendingClub
- LendingCrowd
- Prosper Funding LLC
- RateSetter
- Sofi
- Quicken Loans (Rocket Mortgage, LLC)
- Upstart Network Inc.
- Zopa.
Frequently Asked Questions (FAQ) :
The market size of alternative financing was worth more than USD 10 billion in 2022 and will witness over 15% CAGR from 2023 to 2032, due to surging need for greater financial efficiency amongst millennials.
The businesses end-user segment reached over USD 5.5 billion in 2022, owing to the growing need for securing capital quickly and effectively.
North America accounted for over 30% of the alternative financing market share in 2022, attributed to the strong presence of a large and growing financial services sector in the region.
Borrowers First, Credoc, Finastra, Funding Circle, GoFundMe, Kickstarter, Kiva Microfunds, LendingClub, LendingCrowd, Prosper Funding LLC, RateSetter, Sofi, Quicken Loans (Rocket Mortgage, LLC), Upstart Network, Inc. and Zopa are some leading market players.
Alternative Financing Market Scope
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