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Latin America's alternative lending market to hit $10B by 2029 with 14.4% CAGR driven by e-commerce and regulatory shifts

Market News
22 May 2026
Researchandmarkets.Com
View Source
Bullish
pluang ai news

The Latin American alternative lending market is projected to grow at a 14.4% CAGR from 2026 to 2029, reaching approximately $10 billion by 2029, up from $5.9 billion in 2025. Growth is fueled by expanding e-commerce, integration of credit into digital commerce and wallets, and regulatory changes that raise operational standards. Key players like Mercado Pago, Nubank, and Creditas are scaling through partnerships, secured lending models, and diversified funding sources. The market is also seeing tighter compliance rules and increased use of data governance to enhance transparency and competition.

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