According to a 2022 survey among P2P/marketplace consumer lending users in Southeast Asia, 76 percent of the respondents borrowed from fintech platforms more than once. 37 percent of the respondents in Southeast Asia borrowed from fintech platforms more than five times as of 2022.
Frequency of borrowing from fintech platforms in Southeast Asia in 2022
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Cambridge Centre for Alternative Finance. (December 7, 2022). Frequency of borrowing from fintech platforms in Southeast Asia in 2022 [Graph]. In Statista. Retrieved November 13, 2024, from https://www.statista.com/statistics/1370878/sea-frequency-of-borrowing-from-fintech/
Cambridge Centre for Alternative Finance. "Frequency of borrowing from fintech platforms in Southeast Asia in 2022." Chart. December 7, 2022. Statista. Accessed November 13, 2024. https://www.statista.com/statistics/1370878/sea-frequency-of-borrowing-from-fintech/
Cambridge Centre for Alternative Finance. (2022). Frequency of borrowing from fintech platforms in Southeast Asia in 2022. Statista. Statista Inc.. Accessed: November 13, 2024. https://www.statista.com/statistics/1370878/sea-frequency-of-borrowing-from-fintech/
Cambridge Centre for Alternative Finance. "Frequency of Borrowing from Fintech Platforms in Southeast Asia in 2022." Statista, Statista Inc., 7 Dec 2022, https://www.statista.com/statistics/1370878/sea-frequency-of-borrowing-from-fintech/
Cambridge Centre for Alternative Finance, Frequency of borrowing from fintech platforms in Southeast Asia in 2022 Statista, https://www.statista.com/statistics/1370878/sea-frequency-of-borrowing-from-fintech/ (last visited November 13, 2024)
Frequency of borrowing from fintech platforms in Southeast Asia in 2022 [Graph], Cambridge Centre for Alternative Finance, December 7, 2022. [Online]. Available: https://www.statista.com/statistics/1370878/sea-frequency-of-borrowing-from-fintech/