Global digital lending platform market is projected to register a CAGR of 18.9% in the forecast period of 2020 to 2027. The new market report contains data for historic year 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2027.
Market Segmentation:
Global Digital Lending Platform Market, By Component (Solutions, Services), Deployment Model (On Premises, Cloud), Loan Amount Size (Less than US$ 7,000, US$ 7,001 to US$ 20,000, More than US$ 20,001), Subscription Type (Free, Paid), Loan Type (Automotive Loan, SME Finance Loan, Personal Loan, Home Loan, Consumer Durable, Others), Vertical (Banking, Financial Services, Insurance Companies, P2P (Peer-to-Peer) Lenders, Credit Unions, Saving and Loan Associations), Country (U.S., Canada, Mexico, U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey, Rest of Europe, China, South Korea, Japan, India, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, Rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E., Israel, Egypt, Rest of Middle East & Africa, Brazil, Argentina and Rest of South America) Industry Trends and Forecast to 2027
Some of the major factors contributing to the growth of the digital lending platform market are:
• Growing technological advancements in lending platforms
• Increasing benefits of digital banking
Market Players
The key market players for global digital lending platform market are listed below:
• Finastra
• Fiserv, Inc.
• Newgen Software Technologies Limited
• Nucleus Software Exports Ltd.
• Intellect Design Arena Ltd
• Sigma Infosolutions
• FIS
• Pegasystems Inc.
• Tavant
• Abrigo
• Roostify
• Decimal Technologies
• First American Financial Corporation
• Mambu GmbH
• CU Direct
• Built Technologies, Inc.
• Jack Henry & Associates, Inc.
• Turnkey Lenders
• Ellie Mae, Inc.
• DocuSign Inc.