DUBLIN, October 25, 2024 (GLOBE NEWSWIRE) — “Indonesia Alternative Finance Market Business and Investment Opportunities Databook – 75+ KPIs on Alternative Finance Market Size, By End User, By Financial Model, By Payment Method , by Loan Type, and the “Demographics – Q2 2024 Update” reports have been added to ResearchAndMarkets.com’s offering.
Alternative lending in the region is expected to grow by 23.2% annually, reaching US$7.12 billion in 2024.
The medium- to long-term growth story for alternative financing in Indonesia remains strong. The adoption of alternative financing is expected to increase steadily over the forecast period and register a CAGR of 15.4% between 2024 and 2028. The country’s alternative lending market is expected to reach USD 12.63 billion by 2028, up from USD 5.78 billion in 2023.
The report provides a detailed data-centric analysis of the Alternative Lending industry, covering market opportunities and risks across various industry categories. The report includes over 50 KPIs at the country level to provide a comprehensive understanding of Alternative Lending market dynamics, market size and forecast, and market share statistics. Market opportunities are categorized by payment method type, loan type, and consumer behavior. Additionally, it provides a snapshot of marketing objectives and industry spending trends in Indonesia.
Indonesia’s alternative financing sector is experiencing strong growth due to increased digital adoption and growing demand for accessible financing, especially among small and medium-sized enterprises (SMEs). The industry is expected to continue expanding as regulatory frameworks evolve to support innovation and enhance financial inclusion. New sub-segments such as peer-to-peer lending and fintech collaborations will emerge, further diversifying the lending landscape.
Key developments in the alternative financing sector
Product launches and innovation
JULO introduced medical financing services in March 2024. The service provides loans of up to $3,000 for medical expenses to help customers cover costs at hospitals, clinics, and pharmacies. It is designed to enhance users’ access to healthcare. Additionally, JULO responded to the growing demand for education loans by launching JULO Education, a product aimed at financing education expenses across 250,000 institutions. Finfra partnered with Xendit in November 2023 to build a lending platform specifically for small and medium-sized enterprises (SMEs), demonstrating the trend towards customized financial solutions for businesses in Indonesia. Timebank has announced plans to enter the Indonesian market by offering merchant cash advance products for small and medium-sized businesses. The company will focus on providing fast and accessible financing solutions to support small and medium-sized businesses.
strategic partnership
JULO launched a medical financing service in partnership with various healthcare providers to help customers access loans for medical expenses. The partnership aims to enhance users’ financial access to healthcare. PT Bank Neo Commerce has been actively partnering with fintech companies to develop new financing products specifically targeting small and medium-sized enterprises (SMEs). This strategy aims to increase user engagement and expand your customer base.
Reasons to buy
Completely understand the Alternative Lending Market dynamics: Market opportunities, key trends, and forecasts (2019-2028) are listed. To stay ahead of the curve, understand market trends using important KPIs such as value and share. Industry Insights: Get market trends by industry to evaluate new opportunities across multiple industries and quickly keep up with the latest and upcoming developments in alternative lending. Market-specific strategies: A unique combination of quantitative forecasting and cutting-edge insights allows us to identify growth sectors with a focus on specific opportunities, analyze market-specific risks and key trends in the alternative lending industry. Masu. Leverage intelligence, forward-looking research of Alternative Finance market spending, and key opportunities in Indonesia to formulate proactive and profitable business plans.
Key attributes:
Report attribute details No. Number of pages 189 Forecast period 2024 – 2028 Estimated market value in 2024 (USD) 7.1 billion USD Predicted market value by 2028 (USD) 12.6 billion USD Average annual growth rate 15.4% Target area Indonesia
range
This report provides an in-depth data-centric analysis of the Indonesia Alternative Lending industry through 125 tables and 150 graphs. Below is an overview of the major market segments.
Indonesia economic indicators
Gross Domestic Product Population Unbanked Population Unemployment Loan Default Rate at Current Prices
Indonesia’s alternative lending market size and forecast
Transaction amount Average transaction amount Transaction volume
Indonesia Alternative Financing Market Size and Forecast by End User
End User – Business End User – Consumer
Indonesia’s alternative financing market size and forecast by financial model
P2P MarketplaceConsumer LendingP2P MarketplaceBusiness LendingP2P MarketplaceReal Estate Lending Balance SheetConsumer Lending Balance SheetBusiness Lending Balance SheetReal Estate LoaningInvoicesTradingDebt-Based SecuritiesEquity-Based CrowdfundingReal Estate Crowdfunding
Indonesia’s alternative lending market size and forecast by payment method – transaction amount, transaction volume, average amount
cash check credit transfer account transfer debit card credit card electronic money
Alternative financing market size and forecast by payment method for P2P market consumer financing
cash check credit transfer account transfer debit card credit card electronic money
Alternative lending market size and forecast by payment method for P2P marketplace business lending
cash check credit transfer account transfer debit card credit card electronic money
Alternative financing market size and forecast by payment method for real estate financing in the P2P market
cash check credit transfer account transfer debit card credit card electronic money
Alternative financing market size and balance sheet forecast by payment method Consumer financing
cash check credit transfer account transfer debit card credit card electronic money
Prediction of balance sheet business lending by alternative lending market size and payment method
cash check credit transfer account transfer debit card credit card electronic money
Balance sheet real estate financing market size forecast by alternative financing market size and payment method
cash check credit transfer account transfer debit card credit card electronic money
Alternative lending market size and market forecast by payment method and invoice transaction
cash check credit transfer account transfer debit card credit card electronic money
Alternative lending market size and forecast by payment method for debt-based securities
cash check credit transfer account transfer debit card credit card electronic money
Alternative lending market size and forecast by payment method for equity-based crowdfunding
cash check credit transfer account transfer debit card credit card electronic money
Alternative lending market size and forecast by payment method for real estate crowdfunding
cash check credit transfer account transfer debit card credit card electronic money
Indonesia Alternative Lending Market Size and Forecast by Loan Type
B2C Loans Personal Loans Salary Advances Home Improvement Education/Student Loans POS Auto Loans Medical Loans B2B Loans Lines of Credit Merchant Cash Advances Invoice Factoring Revenue Financing
Indonesia Alternative Financing Analysis with Consumer Attitude and Behavior
For more information on this report, please visit https://www.researchandmarkets.com/r/qtvjzz.
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Indonesia’s alternative financing market