Canadian Finance News
Fintech Startups

Fintech Lending is on the Rebound

June 30, 2021

Tal Schwartz Canadian Lenders Association

Tal Schwartz

A recent report by S&P Global Market Intelligence paints an optimistic picture for fintech lenders in a post-pandemic environment.

  • Unsecured personal lenders are projected to rise in volume by 51%, to $47.9 billion in originations annually.

  • Small-and medium-sized business lenders are expected to rise by 16.1% to $15.8 billion.

  • Student lenders are forecast to rise 152% to $32.8 billion.
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