Canada markets closed
  • S&P/TSX

    20,633.27
    -128.76 (-0.62%)
     
  • S&P 500

    4,538.43
    -38.67 (-0.84%)
     
  • DOW

    34,580.08
    -59.71 (-0.17%)
     
  • CAD/USD

    0.7786
    -0.0022 (-0.28%)
     
  • CRUDE OIL

    66.22
    -0.28 (-0.42%)
     
  • BTC-CAD

    63,406.06
    +2,337.15 (+3.83%)
     
  • CMC Crypto 200

    1,367.14
    -74.62 (-5.18%)
     
  • GOLD FUTURES

    1,782.10
    +21.40 (+1.22%)
     
  • RUSSELL 2000

    2,159.31
    -47.02 (-2.13%)
     
  • 10-Yr Bond

    1.3430
    -0.1050 (-7.25%)
     
  • NASDAQ

    15,085.47
    -295.85 (-1.92%)
     
  • VOLATILITY

    30.67
    +2.72 (+9.73%)
     
  • FTSE

    7,122.32
    -6.89 (-0.10%)
     
  • NIKKEI 225

    28,029.57
    +276.20 (+1.00%)
     
  • CAD/EUR

    0.6878
    -0.0027 (-0.39%)
     

Worldwide Peer to Peer Lending Industry to 2026 - Featuring Avant, Commonbond and Funding Circle Among Others - ResearchAndMarkets.com

·4 min read

DUBLIN, October 26, 2021--(BUSINESS WIRE)--The "Peer to Peer (P2P) Lending Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

The global peer to peer (P2P) lending market exhibited strong growth during 2015-2020. Looking forward, the market is expected to grow at a CAGR of around 31% during 2021-2026.

Companies Mentioned

  • Avant Inc.

  • Commonbond Inc.

  • Funding Circle Ltd.

  • LendingClub Corporation

  • Lendingtree Inc. (InterActiveCorp and Tree.com Inc.)

  • On Deck Capital Inc.

  • Prosper Marketplace Inc.

  • Retail Money Market Ltd.

  • Social Finance Inc.

  • Upstart Network Inc.

  • Zopa Limited

Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Peer-to-peer lending, or P2P lending, refers to a monetary arrangement between two entities without the involvement of various financial institutions. It involves a borrower seeking unsecured personal, business or educational loans from investors that are seeking higher returns on their investments. The transaction is conducted through a P2P lending platform that acts as an intermediary and risk mitigator between the two parties. It also facilitates multiple partner lending and borrowing for diversification of investments. In comparison to the traditionally used financing alternatives, P2P lending is prompt, paperless, offers higher returns, does not impact credit score and is more flexible.

Increasing digitization in the banking industry is one of the key factors driving the growth of the market. Furthermore, the emergence of small and medium-sized enterprises (SMEs), especially in developing countries, is stimulating the market growth. These small-scale organizations require financing alternatives with minimal charging fees and convenient repayment options. Apart from this, P2P lending platforms also eliminate the cost of establishing physical branches, staffing and maintenance, thereby gaining preference among the masses. Moreover, as the coronavirus disease (COVID-19) continues to spread across the globe, P2P lending is gaining immense traction for obtaining unsecured loans to cover the treatment expenses. Additionally, various technological advancements, such as the development of blockchain technology and smart contracts, are acting as other growth-inducing factors. They offer transparent and reliable lending and borrowing facilities that safeguard the welfare of all parties involved. Other factors, including the growing student population requiring educational loans, along with increasing real estate lending, are anticipated to drive the market further.

Key Questions Answered in This Report

  • How has the global peer to peer (P2P) lending market performed so far and how will it perform in the coming years?

  • What has been the impact of COVID-19 on the global peer to peer (P2P) lending market?

  • What are the key regional markets?

  • What is the breakup of the market based on the loan type?

  • What is the breakup of the market based on the business model?

  • What is the breakup of the market based on the end user?

  • What are the various stages in the value chain of the industry?

  • What are the key driving factors and challenges in the industry?

  • What is the structure of the global peer to peer (P2P) lending market and who are the key players?

  • What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Peer to Peer (P2P) Lending Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakup by Loan Type

7 Market Breakup by Business Model

8 Market Breakup by End-user

9 Market Breakup by Region

10 SWOT Analysis

11 Value Chain Analysis

12 Porters Five Forces Analysis

13 Price Analysis

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/r8nv8w

View source version on businesswire.com: https://www.businesswire.com/news/home/20211026005673/en/

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting