Peer to Peer (P2P) Lending Market Growth, Demand and Challenges of the Key Industry Players 2028

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Global Peer to Peer (P2P) Lending Market Research
and Forecast Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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About IMARC Group
Report Description
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Report Description and Highlights
Report Description
Global Peer to Peer (P2P) Lending Market Research
Report The latest report by IMARC, titled Peer
to Peer (P2P) Lending Market Global Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2023-2028 finds that the global peer to
peer (P2P) lending market size reached US 147.9
Billion in 2022. Peer to peer (P2P) lending is
the process of providing loan to an individual or
business without the involvement of any bank or
financial institution. It lends money through
online services that connect borrowers directly
to lenders or investors, who lend money to
qualified applicants. P2P lending aims to
increase the returns for the lenders and to
reduce the rate of interest for borrowers. It
offers cost-effective services to borrowers
compared to traditional financial institutes
while also assisting in quick and convenient
loans at competitive interest rates and low fees.
In P2P lending,the individual website sets the
rates and terms, which enables the transaction.
Consequently, the system promotes prompt,
paperless, high return, and flexible ways of
borrowing and lending money. Request Free Sample
Report https//www.imarcgroup.com/peer-to-peer-le
nding-market/requestsample
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Report Description and Highlights
Report Description

Global Peer to Peer (P2P) Lending Market
Trends The market is primarily driven by
increasing digitization in the banking industry.
Besides this, the emerging small and medium
enterprises (SMEs), especially across developing
countries, are also facilitating the market
growth. These organizations require an
alternative financing option that provides
minimal charging fees and convenient repayment
options. In addition to this, P2P lending
platforms also do away with the cost of
establishing physical branches, maintenance and
staff, thereby increasing their demand across
organizations. Moreover, governments across
various countries are undertakinginitiatives to
support P2P lending by offering specific
frameworks. Furthermore, the introduction of
blockchain technology and smart contracts, which
offer transparent and reliable lending and
borrowing facilities and safeguard the privacy of
the customers, are also acting as major
growth-inducing factors. Looking forward, the
market is expected to grow at a CAGR of 26.1
during the forecast period (2023-2028). Looking
forward, the market value is projected to reach a
strong growth during the forecast period
(2023-2028).
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Report Description and Highlights
Report Description
Market Summary Breakup by Loan Type C
onsumer Lending Business Lending Breaku
p by Business Model Marketplace Lending
Traditional Lending Breakup by End
User Consumer (Individual/Households)
Small Businesses Large Business
es Real Estate Others Breakup
by Region North America
United States

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Report Description and Highlights
Report Description
Canada Asia Pacific
China Japan
India South Korea
Australia Indo
nesia Others Europe
Germany Fr
ance United Kingdom
Italy Spain
Russia Others
Latin America
Brazil Mexico
Others Middle East and Africa

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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• Avant Inc. Commonbond Inc. Funding Circle Ltd. Len
  dingClub Corporation Lendingtree Inc. (InterActive
  Corp and Tree.com Inc.) On Deck Capital Inc. Prosp
  er Marketplace Inc. Retail Money Market Ltd. Socia
  l Finance Inc. Upstart Network Inc. Zopa Limited
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/peer-to-peer-lending-ma
  rket

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
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trademarks of their respective companies.
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