DUBLIN, August 16, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Peer-to-peer Lending Market 2016-2020" report to their offering.
The global P2P lending market to grow at a CAGR of 53.06% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global P2P lending market for 2016-2020. To calculate the market size, the analyst considers the lending amount through P2P platforms in the Americas, Asia Pacific (APAC), and Europe, the Middle East, and Africa (EMEA). The report also includes a discussion of the key vendors operating in this market.
One of the key trends for market growth will be rise in growth of small business lending. We expect more P2P lending and crowd funding with government support, which would help investors to make small investments in private companies. The European Commission is evaluating soft-law measures that could help promote P2P lending and crowdfunding across Europe. The commission is investigating how government funding could be aligned to support P2P lending and crowdfunding platforms and investment opportunities during the forecast period.
According to the report, one of the key drivers for market growth will be increase in global lending of MSMEs. Research and development in product structuring are vital in addressing the credit gaps in the MSME's financing. Innovations such as equipment lease finance can help meet the requirement for term debt obligations. Similarly, receivable financing, bills discounting, and P2P lending can substitute prerequisites of working capital financing, thus tending to the special needs of MSMEs. Local vendors in the emerging market have the best monitoring capability and knowledge of MSMEs, allowing structuring of working capital finance, channel finance, and cash credits that can meet the needs of the enterprise or firms, thereby empowering huge economies of scale.
Further, the report states that one of the challenges against the market growth will be increasing regulatory risks. If we look at the present market, the P2P lending platforms are subject to regulations that are for certain consumer banking and other financial institutions. The consumer credit that is provided by the banking and financial institutions are subjected to a number of laws. These laws regulate the credit life-cycle that includes underwriting, payment terms, agreements and disclosures, advertisements and solicitations, and debt collection practices. There are also other laws like privacy and data security and anti-money laundering laws that regulate the relationship between the customers or borrowers and the banking and financial institutions.
Key vendors
- CircleBack Lending
- Lending Club
- Peerform
- Prosper
- Upstart
Other prominent vendors
- Borrowers First
- Daric
- Funding Circle
- Pave
- SoFi
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Geographical segmentation
Part 07: Market drivers
Part 08: Impact of drivers
Part 09: Market challenges
Part 10: Impact of drivers and challenges
Part 11: Market trends
Part 12: Vendor landscape
Part 13: Key vendor analysis
Part 14: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/mvbrkw/global
Related Topics: Credit and Loans
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SOURCE Research and Markets
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