Lending through Dutch fintech platforms jumps to €4.4 billion in 2024
Lending through Dutch fintech platforms rose sharply in 2024 to 4.4 billion euros, up 0.9 billion euros from the previous year, according to De Nederlandsche Bank (DNB). Most of the growth went to small and medium-sized enterprises (SMEs), which borrowed 3.2 billion euros, a 0.7 billion euro increase, or 27 percent. Fintech platforms are digital services that provide loans outside traditional banks, often using automated processes for applications, assessments, and repayments.
DNB has tracked fintech loans since 2021, when outstanding loans totaled 1.8 billion euros. By the end of 2024, the total had grown roughly 2.5 times, illustrating the rapid expansion of fintech lending in the Netherlands.
While fintechs’ share of overall SME financing remains relatively small, it rose from 2.2 percent in 2023 to 2.8 percent in 2024. For loans under 25,000 euros, fintechs already account for more than 8 percent of the market. Compared with other non-bank lenders with less digitalized operations, fintechs now provide nearly a quarter of SME loans.
Most fintech lending—3.7 billion euros—is provided through intermediary platforms, such as crowdfunding and investment platforms, which connect borrowers with lenders. These loans specifically involve credit, not donations.
Platforms directly provide the remaining 0.7 billion euros in fintech loans using their own capital or financing lines from banks or investors. In these cases, the platform itself carries the credit risk, unlike in crowdfunding arrangements.
Examples of Dutch fintech platforms include Mogelijk, Collin Crowdfund, New10, and Bridgefund. Loans focus mainly on SMEs, including real estate loans, with additional consumer lending.
