Published:
Philippine alternative lending market value to hit $2.34b in 2029
The market reported a CAGR of 14.1% between 2020 to 2025.
The Philippines’ alternative lending market recorded a compound annual growth rate (CAGR) of 14.1% between 2020 to 2025, according to data from Research and Markets.
The market is expected to log a CAGR of 12.6% between 2026 to 2029, and expand to a market value of $2.34b in 2029.
In 2025, the alternative lending market value is $1.43b.
The use of electronic devices for financial transactions continued to rise in the Philippines in 2025, according to the 2025 Consumer Finance and Inclusion Survey by the Bangko Sentral ng Pilipinas.
The Philippines hit its digital payments target in 2025, with 64.69% of retail payments made via digital means, central bank data showed.
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