In peer-to-peer lending, regular consumers sign up to invest in consumer and small business loans via an intermediary, the lending platform. During the past five years, revenue for the Peer-to-Peer Lending Platforms industry has grown as many consumers and small businesses embraced the concept. However, the industry will continue to experience relatively rocky waters during the five years to 2020 as the industry is relatively new, which subjects it to regulatory and marketing challenges. Though it will not see the dramatic revenue increases of the past five years, the industry can expect strong growth.
Companies in this industry provide peer-to-peer lending, which occurs directly between individuals and organizations without the direct intermediation of a traditional financial institution. In this industry, individuals and organizations pool their money to support the efforts of borrowers, while generating a rate of return for themselves. Crowdfunded fundraising, where collective money supports others with financial donations and without planned repayment, is not part of this industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.