Retail- peer-to-peer lending market size, trends and rising growth at CAGR of 53.06% by 2020
It is a method of debt financing where different individuals can lend and borrow money using an online platform, which eliminates any involvement of middlemen. The loans provided by the lender helps the lender to generate income in the form of interest.
The report analysis and new study presents an overview on "Global Peer-To-Peer Lending Market 2016-2020" worldwide.
About P2P lending
On the other hand, the borrowers have easy access to financing, which might be difficult for them to procure if they approach a standard financial intermediary. The amount of interest charged for P2P loans is comparatively lower than the traditional prime loans to compensate the lenders for bearing the risk of non-payment from the borrowers.
Investors fund only a portion of the loan and spread the amount of the loan across many buyers.
Technavios analysts forecast the global P2P lending market to grow at a CAGR of 53.06% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global P2P lending market for 2016-2020.
To calculate the market size, Technavio considers the lending amount through P2P platforms in the Americas, Asia Pacific (APAC), and Europe, the Middle East, and Africa (EMEA).
The market is divided into the following segments based on geography:
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Technavio's report, Global Peer-to-Peer (P2P) Lending Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors
Increase in global lending of MSMEs
Unbalanced global economic recovery
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
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