Transform your finances fast with new marketplace lending trends
New Trends Shaping the Industry
Recent advancements in technology and changes in consumer behavior have led to several emerging trends in marketplace lending. One significant trend is the use of artificial intelligence and machine learning to enhance credit risk assessment. This technology allows platforms to provide more accurate evaluations of borrowers, reducing default rates and enabling more competitive loan offerings2.
Another trend is the rise of niche lending platforms that cater to specific market segments, such as small businesses, real estate, or green energy projects. These specialized platforms offer tailored solutions and often provide more favorable terms than general lending platforms3.