Peer-to-Peer (P2P) Lending Market Report 2026

The peer-to-peer (p2p) lending market size has grown exponentially in recent years. It will grow from $250.11 billion in 2025 to $327.18 billion in 2026 at a compound annual growth rate (CAGR) of 30.8%. The growth in the historic period can be attributed to increasing demand for unsecured personal loans, limited access to traditional banking credit, rising internet penetration, growth of fintech platforms, increasing participation of retail investors.

The peer-to-peer (p2p) lending market size is expected to see exponential growth in the next few years. It will grow to $938.02 billion in 2030 at a compound annual growth rate (CAGR) of 30.1%. The growth in the forecast period can be attributed to increasing regulatory oversight of p2p platforms, rising adoption of blockchain for loan transparency, expansion of small business financing demand, growing focus on platform risk management, increasing cross-border p2p lending activity. Major trends in the forecast period include increasing use of ai-based credit assessment models, rising adoption of alternative lending platforms, growing focus on risk-based pricing mechanisms, expansion of digital investor-borrower marketplaces, enhanced emphasis on platform transparency.

Increasing digitization in the banking industry is expected to propel the growth of the peer to peer (P2P) lending market going forward. Digital innovation in the banking industry is transforming financial services such as mobile money, peer-to-peer (P2P), or marketplace lending. For instance, in July 2025, according to the Bangko Sentral ng Pilipinas, a Philippines-based central banking authority, digital retail payments accounted for 57.4% of total transaction volume in 2024, marking a year-on-year increase of 4.6 percentage points from 2023. Therefore, the increasing digitization in the banking industry is driving the growth of the peer to peer (P2P) lending market.

Major companies operating in the peer-to-peer (P2P) lending market are focusing on developing advanced platform solutions such as decentralized finance (DeFi)-based lending platforms to improve transparency, automation, and cost efficiency in lending operations. Decentralized finance-based lending platforms are digital systems that leverage blockchain technology and smart contracts to directly connect borrowers with investors, bypassing traditional intermediaries and enabling secure, transparent, and automated transactions. For instance, in December 2024, Definder Global, a UK-based blockchain technology company, launched its peer-to-peer lending platform, a DeFi-based solution designed to facilitate funding for real-world asset projects by linking investors with businesses through blockchain-enabled smart contracts. The platform provides features such as automated loan execution, transparent transaction tracking, and lower intermediary costs. Definder’s peer-to-peer lending platform enhances funding accessibility, improves operational efficiency, and supports faster and more transparent lending outcomes.

In September 2023, EntrePay, a Brazil-based financial technology company, acquired Wealth Money for an undisclosed amount. With this acquisition, EntrePay aimed to expand its digital financial services ecosystem by integrating a peer-to-peer lending platform, strengthening its position in alternative credit solutions. Wealth Money is a Brazil-based fintech company specializing in peer-to-peer lending services that connect individual investors directly with borrowers seeking business loans.

Major companies operating in the peer-to-peer (p2p) lending market are Upstart, Funding Circle, Peerform, Kiva, Mintos, RateSetter, Zopa, Bondora, Auxmoney, Funding Societies, StreetShares, Crowdstacker, JustUs, MyConstant, Lendable, FairFinance, Patch of Land, LendInvest, LoanNow, SoFi.

North America was the largest region in the peer to peer (P2P) lending market in 2025.Aisa-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the peer-to-peer (p2p) lending market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the peer-to-peer (p2p) lending market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The peer-to-peer lending (P2P) market includes revenues earned by secured and unsecured loans. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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