Middle East & Africa digital lending platform market is projected to register a CAGR of 17.4% 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:

Middle East & Africa 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 (South Africa, UAE, Egypt, Saudi Arabia, Israel and Rest of Middle East & Africa) Industry Trends and Forecast to 2027

Some of the major factors contributing to the growth of the Middle East & Africa digital lending platform market are:

• Rapid adoption of online banking solutions
• Rising number of lenders in the region
Market Players
The key market players for Middle East and Africa digital lending platform market are listed below:

• Finastra
• Fiserv, Inc.
• Newgen Software Technologies Limited
• Nucleus Software Exports Ltd.
• Intellect Design Arena Ltd
• FIS
• Mambu GmbH