Harnessing Potential – Alternative Lending Market in Australia
KPMG has commissioned a report undertaken by the University of Sydney’s Business School of over 500 alternative finance platforms in 17 Asia-Pacific countries and regions, capturing an estimated 70 percent of the visible market. As the first comprehensive study of the Asia-Pacific online alternative finance market, this research contributes to the growing body of data supporting the region’s potential.
Click here to view the full report.
Some key questions about the marketplace lending in 2016:
- Are individual or business borrowers using marketplace/ peer-to-peer lending because they have failed to obtain nance from banks, or in fact do they prefer the speed, flexibility and services offered by the alternative finance platforms?
- Do businesses that raise finance via an alternative finance platform perform better in terms of profitability, revenue and job creation against businesses that rely on traditional funding channels?
- From a credit analytics perspective, how are alternative finance platforms using new forms of data to ascertain the creditworthiness of borrowers?
- Are platform credit risk modelling and underwriting facilities sufficiently robust – particularly in comparison with traditional finance providers?