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The Americas Alternative Finance Report Released

The most thorough study on the US marketplace lending industry was released at LendIt USA 2016 today.

April 11, 2016 By Ryan Lichtenwald 1 Comment

Views: 15

Americas_Alternative_Finance_Report

There have now been a total of three studies completed by the Cambridge Centre for Alternative Finance. We first covered the UK report and the Asia-Pacific report, but they have now released the U.S. study titled Breaking New Ground. The full report was launched at LendIt USA 2016 today and was completed in conjunction with 257 online alternative finance platforms – it can be downloaded here.

The report highlights the growth of the industry, which has grown 9x in two years from $4.5 billion in 2013 to $36.5 billion in 2015. This is a threefold increase from an estimated $11.68 billion in 2014. The Americas market is dominated by the United States, accounting for 99% of alternative finance activity according to the report, but the report also discusses upcoming markets such as Latin America and Caribbean. Of those markets, Chile and Brazil make up $47.57 million and $24.15 million respectively of the $110.46 million total for 2015.

Other interesting data points from the report include:

  • Consumer lending accounts for 71% of total volume in the region.
  • Balance sheet consumer lending totaled $3.9 billion compared to marketplace/p2p consumer lending of $25.74 billion.
  • Business lending reached $2.62 billion and equity-based crowdfunding totaled $598 million.
  • Real estate crowdfunding is beginning to gain traction, hitting a total $1.26 billion in 2015.
  • Institutional investors contributed 72% of total business loans and 53% of consumer loans.

These are just a few of the highlights outlined in the report. The entire report is a must read for those looking to understand what exactly is going on in the US market. It was nice to see such widespread representation from so many familiar names on the list of contributing companies.

Filed Under: Peer to Peer Lending Tagged With: Alternative Finance, Americas, Benchmarking, study

Views: 15

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  1. LendIt USA 2016 Day 1 Wrap Up - LendIt Conference BlogLendIt Conference Blog says:
    April 11, 2016 at 9:55 pm

    […] the industry, but he highlighted that the fundamentals remain solid.  After Peter spoke, the first comprehensive research study on alternative finance in the Americas was released by the Cambridge Centre for Alternative […]

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LendIt Fintech News, Powered by Lend Academy, has been bringing you all the news and information about fintech and online lending since 2010 when it was founded by Peter Renton. We not only have the industry’s most active news site, but also the largest investor forum and the first and most popular podcast.

We are a team of fintech enthusiasts who have been covering the industry for many years. With a deep knowledge of online lending, digital banking, blockchain, artificial intelligence and more our team covers the daily news and writes in-depth editorials.

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