European alternative lending market projected to reach $89.4 billion in 2024
Summary: The European alternative lending market is projected to grow significantly, reaching $89.4 billion in 2024, up from $78.5 billion in 2023. This growth reflects a 13.9% annual increase, with a forecasted rise to $126.5 billion by 2028.
Recent developments include new product launches and strategic partnerships, such as ArK Kapital's collaboration with MasterCard to enhance lending solutions. Additionally, regulatory changes like AIFMD 2.0 aim to improve investor protection and facilitate cross-border lending within the EU.
The tightening of traditional bank lending is driving demand for alternative financing options. As credit standards become stricter, the alternative lending sector is expected to adapt and expand to meet the needs of businesses and consumers.
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