The alternative lending in this region is expected to grow by 28.3% on an annual basis to reach US$20.77 billion in 2024.
Medium to long term growth story of alternative lending in Brazil remains strong. Alternative lending adoption is expected to grow steadily over the forecast period, recording a CAGR of 20.0% during 2024-2028. The alternative lending market in the country will increase from US$16.19 billion in 2023 to reach US$43.13 billion by 2028.
The alternative lending sector in Brazil is thriving, driven by increasing demand and innovation. With new product launches, strategic partnerships, and supportive regulatory changes, the sector is set for continued growth and enhanced accessibility in the coming months.
Looking ahead, the sector is poised for continued expansion. In the coming months, further innovation and strategic partnerships are expected to enhance service offerings and accessibility.
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 Brazil. KPIs in both value and share term help in getting in-depth understanding of end market dynamics.
The publisher’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.
Medium to long term growth story of alternative lending in Brazil remains strong. Alternative lending adoption is expected to grow steadily over the forecast period, recording a CAGR of 20.0% during 2024-2028. The alternative lending market in the country will increase from US$16.19 billion in 2023 to reach US$43.13 billion by 2028.
The alternative lending sector in Brazil is thriving, driven by increasing demand and innovation. With new product launches, strategic partnerships, and supportive regulatory changes, the sector is set for continued growth and enhanced accessibility in the coming months.
Growth in the Alternative Lending Sector
The alternative lending sector in Brazil has experienced substantial growth, driven by an increasing demand for accessible credit solutions among consumers and small businesses. Key sub-segments, such as peer-to-peer lending and buy now, pay later (BNPL) services, are gaining traction as fintech companies innovate to meet the needs of the unbanked and underbanked populations.Looking ahead, the sector is poised for continued expansion. In the coming months, further innovation and strategic partnerships are expected to enhance service offerings and accessibility.
Key Developments in the Alternative Lending Sector
Product Launches and Innovations
- Revolut's Lending Service - Revolut, a leading global fintech company, is planning to launch its lending service in Brazil. The firm is currently seeking a license to become a digital lender and serve millions of underbanked and unbanked consumers in the country.
- Pismo's Lending Tool - Brazilian fintech firm Pismo introduced a lending tool in response to the growing credit demand among consumers. The tool aims to simplify the lending process by disbursing loans digitally and at a faster pace compared to traditional banks.
Strategic Partnerships
Nubank and Creditas Partnership - Nubank partnered with Creditas, a leading fintech company, to offer secured loans to its customers. This collaboration allows Nubank users to access loans with lower interest rates by using their vehicles or properties as collateral.Regulatory Changes
The Brazilian government has introduced several key policies to regulate and promote the growth of the alternative lending sector:
- Central Bank Digital Currency (CBDC) Pilot - In June 2023, the Central Bank of Brazil (BCB) launched a pilot program for its central bank digital currency, the digital real (CBDC). The pilot aims to test the CBDC's functionality, security, and interoperability with existing payment systems, with the goal of driving financial inclusion and facilitating faster, more secure transactions.
- Open Banking Regulations - The Central Bank of Brazil (BCB) has been implementing Open Banking regulations since 2021, requiring financial institutions to share customer data with third-party providers upon customer consent. As of June 2023, the scope of Open Banking has been expanded to include insurance and pension products.
- Fintech Regulatory Sandbox - In 2022, the BCB launched a sandbox program to support the development of innovative financial services, including alternative lending solutions. Selected fintech companies can test their products and services in a controlled environment, potentially receiving regulatory exemptions. This has led to the launch of new alternative lending products in the Brazilian market.
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 Brazil. KPIs in both value and share term help in getting in-depth understanding of end market dynamics.
The publisher’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 Brazil through 125 tables and 150 charts. Below is a summary of key market segments.Brazil Economic Indicators
- Gross Domestic Product at Current Prices
- Population
- Unbanked Population
- Unemployment Rate
- Loan Default Rate
Brazil Alternative Lending Market Size and Forecast
- Transaction Value
- Average Transaction Value
- Transaction Volume
Brazil Alternative Lending Market Size and Forecast by End User
- End User - Business
- End User - Consumer
Brazil 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
Brazil 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
Brazil 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
Brazil 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
Brazil 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 Brazil, develop proactive and profitable company plans.
Table of Contents
1. About this Report
2. Brazil Economic Indicators
3. Brazil Alternative Lending Industry Attractiveness
4. Brazil Alternative Lending Market Size and Forecast by End User
5. Brazil Alternative Lending Market Size and Forecast by Finance Models
6. Brazil Alternative Lending Market Size and Forecast by Payment Instrument
7. Brazil Alternative Lending Market Size and Forecast by Payment Instrument to Model
8. Brazil Alternative Lending Market Size and Forecast by Loan Types
9. Brazil Alternative Lending Analysis by Consumer Attitude and Behaviour
10. Further Reading
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 189 |
| Published | September 2024 |
| Forecast Period | 2024 - 2028 |
| Estimated Market Value ( USD | $ 20.8 Billion |
| Forecasted Market Value ( USD | $ 43.1 Billion |
| Compound Annual Growth Rate | 20.0% |
| Regions Covered | Brazil |
