Global Peer-to-Peer Lending Market is Propelling at a high rate due to greater investment transparency.

2018-05-14 12:21:30

According to a new report published by Reports Monitor titled, “Peer-to-Peer Lending Market by Type, Property & Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Peer-to-Peer Lending Market was valued at XX million in 2016 and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. North America accounts the major share in this market owing to reduction interest in conventional banking, growing dependency on online platforms, and latest history of financial crisis in this region has propel the growth of the market.


The method of crowd-funding which used to raise loans for people who need to borrow, from people who want to invest is known as peer-to-peer lending. It allows people to borrow and lend money without any financial institution as an intermediary and extends credit to borrowers who are unable to get it through traditional financial institutions. The main thing is that savers are getting higher interest by lending out their money instead of saving it and borrowers getting funds at comparatively low interest rates.


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The growing developments in technology that is stirring potential consumers and existing players to make fast decision is propelling the growth of market. The low of operation is also supporting the market growth as compared to the development rate of conventional money lending institutions. Additionally, growing student population is also improving the market as large number of students seek loans at cheaper interest rates than what is provided by traditional money lenders. However, the risk of investors losing their money because of default on repayment is likely to have the strong impact on the growth of the market.


Based on the segmentation, the market is bifurcated into end-users, business model, and region.


On the basis of end user segment, the market is divided into consumer credit loans, small business loans, student loans, and real estate loans.


Based on the business model, the market is categorized into alternate marketplace lending and traditional lending.


Key Question Answered:
What will be the market size in 2025 and at what rate it will grow?
Who are the major key players in global Peer-to-Peer Lending Market and what are their strategies?
Which vertical industry is expected to show major growth?
What segment and region will lead the market and why?


The major companies in the report include: Daric Inc., LendingClub Corporation, CommonBond Inc., Prosper Marketplace, Inc., Upstart Network Inc., CircleBack Lending, Inc., Funding Circle Limited, Peerform, and Social Finance Inc., Pave, Inc.


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