P2P Lending Market Regional Analysis, Key Players, Opportunitie

  • P2P Lending Market 2021

    Global P2P lending market is expected to reach US$ 1,585.23 million by 2027, growing at an estimated CAGR of 16.2% over the forecast period due to technological advancements and lesser operational cost

    Blockchain based P2P technology is driving the growth of P2P lending market. Blockchain has taken over the global financial markets with its disruptive power to transform industries. Blockchain based technology has the potential to cause radical change to a large number of industries including P2P lending. Acceptance of blockchain technology in P2P lending market will make the whole process clear and authentic, bringing more trust and transparency in the system.


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    Major Key Players:

    Some of the players operating in global P2P lending market are Avant LLC, Bondora Capital OU, Circlebacklending.Net, CommonBond, Inc., Faircent, Funding Circle, i2ifunding.com, Kabbage Inc., LendingClub Corporation, OnDeck, Peerform, Prosper Funding LLC, RateSetter, Social Finance, Transactree Technologies Pvt Ltd., Upstart Network, Inc., Zopa Financial Services Limited amongst others.

    Key Findings of the Report:

    In terms of revenue, global P2P lending market is expected to reach US$ 1,585.23 million by 2027, as there is an increasing demand for blockchain based P2P technology.

    Business loans segment held the largest share in 2018 and is expected to continue the same trend over the forecast period. As P2P lending platforms are simple online platforms and an alternative to banks, most businesses prefer these platforms for borrowing loans.

    On the basis of end user industry, the small business segment is anticipated to exhibit the highest CAGR of 16.3% over the next eight years. Small business looking for loan from bank has a limited number of banks and financial institutions to tap, on the other hand there are numerous P2P lending platforms providing loans quickly, with no collateral and less charges to these SME’s.

    Market Segmentation

    By Deployment Type

    Cloud based

    On-Premise

    By Type of Loan

    Personal Loans

    Auto Loans

    Business Loans

    Student Loans

    Others

    By Business Model

    Traditional P2P Model

    Alternate Marketplace P2P Model

    By End User Industry

    Individuals

    Small Business

    By Geography

    North America

    U.S.

    Canada

    Mexico

    Europe

    France

    The UK

    Spain

    Germany

    Italy

    Nordic Countries

    Denmark

    Finland

    Iceland

    Norway

    Sweden

    Benelux Union

    Belgium

    The Netherlands

    Luxemburg

    Rest of Europe

    Asia Pacific

    China

    Japan

    India

    New Zealand

    Australia

    South Korea

    Southeast Asia

    Indonesia

    Thailand

    Malaysia

    Singapore

    Rest of Southeast Asia

    Rest of Asia Pacific

    Middle East & Africa

    Saudi Arabia

    UAE

    Egypt

    Kuwait

    South Africa

    Rest of Middle East & Africa

    Latin America  

    Brazil

    Argentina

    Rest of Latin America  


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