1、1 2025 KPMG AB,a Swedish limited liability company and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited,a private English company limited by guarantee.All rights reserved.Document Classification:KPMG ConfidentialThe changing landsca

2、pe of business lendingMarket implications of the emergence of loan aggregatorsKPMG Deal Strategy SwedenJanuary 20252Document Classification:KPMG Confidential 2025 KPMG AB,a Swedish limited liability company and a member firm of the KPMG global organization of independent member firms affiliated with

3、 KPMG International Limited,a private English company limited by guarantee.All rights reserved.Contents01.02.04.05.03.Executive summaryVoices of the marketPossible strategies to win in the marketAbout this reportFragmentation of winning lendersNew and recurring applicantsApproved and converted appli

4、cationsHow aggregators operate in the marketOn-platform challenges and opportunitiesTerm discrepancies in loan offersApplication volume and loan valueDigitalization and changing customer behaviorsThe rise of aggregator platformsMarket implications of the emergence of aggregatorsHow to win in the cha

5、nging marketMain drivers for converting an applicationCase study:Platform trends on Krea3719201516116181494417171393Document Classification:KPMG Confidential 2025 KPMG AB,a Swedish limited liability company and a member firm of the KPMG global organization of independent member firms affiliated with

6、 KPMG International Limited,a private English company limited by guarantee.All rights reserved.Executive summaryMarket impact of aggregatorsPlatform opportunities and challengesPossible strategiesThe importance of aggregators is expected to grow for lendersAggregator platforms1 are expected to grow