Global non-bank lending groups: Q3 2026 updates


Every quarter, MD Finance reviews what’s changing in non-bank lending, drawing on our monitoring of around 40 groups operating in more than 60 countries.
Our Q3 2026 edition compares published H1 2026 financial results for 10 groups, up from six in the previous edition. Eight grew revenue year on year, but only four reported higher net profit.
Colombia market spotlight. An overview of the market and a comparison of 2025 financial results for five lenders.
Surfin group spotlight. Founded in 2017, the Singapore-based group lends across Asia, Africa and Latin America. We look at which markets drive its lending business.
Geographical expansion. We follow Aventus Group into Malaysia and Zambia and look at which brands are adding to competition in South Africa.
Market exits. Sun Finance’s sale of its Swedish subsidiary is one of several cases we examine to understand where lenders are pulling back and why.
New products. Provident’s credit card rollout in Romania and Aventus’s move into small-business lending show how groups are broadening their product ranges.
Regulation. We look at what Mexico’s digital identity reform could mean for loan applications and how planned credit-cost caps in Czechia could affect pricing.
Partnerships. Fingular’s retail partnerships in Malaysia and Tala’s wallet integrations in Latin America show how lenders are reaching borrowers through channels they already use.
Institutional funding. We look at what ID Finance and Salmon plan to do with their new financing, from expanding buy now, pay later to developing new lending products.
Bonds and refinancing. Eleving’s refinancing and CreditKasa’s first bond issue show how groups are using bond markets to manage existing debt and diversify funding.
Read the full Q3 2026 report.


