Technavio Announces the Publication of its Research Report Global Peer-To-Peer (P2P) Lending Market 2016-2020
Technavio recognizes the following companies as the key players in the global peer-to-peer (P2P) lending market: CircleBack Lending, Lending Club, Peerform, Prosper, and Upstart.
Other Prominent Vendors in the market are: Borrowers First, Daric, Funding Circle, Pave, and SoFi.
Commenting on the report, an analyst from Technavios team said: 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.
Browse full report with TOC@ https://marketreportscenter.com/reports/349431/global-peer-to-peer-lending-market-2016-2020
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 MSMEs 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...