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Digital Lending Statistics – The Automated Solution Changing Finance

Digital lending is growing rapidly, with the market valued at $11.6 billion in 2023. Banks contribute 33% of this revenue, and small business loans make up 45% of P2P lending. The US holds 40% of market revenue, while APAC is the fastest-growing region. Trust in fintech is increasing among younger adults, and digital lending is expected to become the second-largest fintech segment by 2030.


Read the Tech Report article here.

Here is a brief summary:

  • Digital lending market estimated at $11.6 billion in 2023.
  • Banks contribute to 33% of digital lending revenue.
  • Small business loans make up 45% of P2P lending.
  • The US holds 40% of market revenue; APAC shows fastest growth.
  • Increased trust in fintech among younger adults.
  • Expected to become the second-largest fintech segment by 2030.

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