According to a recent analysis by Digido, the country's digital lending market, which consists of duly registered non-bank digital lenders and digital banks, is forecast to breach the $1-billion mark in the second half of 2025.
In terms of market structure, non-bank digital lenders are expected to make up 55.2 percent of the projected value or $556.5 million during that timeframe, while digital banks will corner 44.8 percent or $451 million.
Digido said the forecasted billion-dollar market size is considerably higher than the $796 million expected by end-2024 and the $693 million tallied in 2023.
Esta historia es de la edición January 08, 2025 de The Philippine Star.
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Esta historia es de la edición January 08, 2025 de The Philippine Star.
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