i-LEND is an online marketplace connecting borrowers and lenders for loans. Although i-LEND verifies credentials of registered users on the site, it does not guarantee any loan offers by lenders nor does it guarantee any repayments by borrowers. Users make offers/loan requests at their own discretion with the understanding of the risks involved in such transactions including loss of entire capital and/or no guarantee of recovery. Please read our Legal agreements to understand more. https://www.i-lend.in/index.html
P2P Lending Market 2021Global P2P lending market is expected to reach US$ 1,585.23 million by 2027, growing at an estimated CAGR of 16.2% over the forecast period due to technological advancements and lesser operational costBlockchain based P2P technology is driving the growth of P2P lending market.
Blockchain has taken over the global financial markets with its disruptive power to transform industries.
Blockchain based technology has the potential to cause radical change to a large number of industries including P2P lending.
Acceptance of blockchain technology in P2P lending market will make the whole process clear and authentic, bringing more trust and transparency in the system.Access Full Report Details and Order this Premium Report @ https://www.absolutemarketsinsights.com/reports/P2P-Lending-Market-2019-2027-327Major Key Players:Some of the players operating in global P2P lending market are Avant LLC, Bondora Capital OU, Circlebacklending.Net, CommonBond, Inc., Faircent, Funding Circle, i2ifunding.com, Kabbage Inc., LendingClub Corporation, OnDeck, Peerform, Prosper Funding LLC, RateSetter, Social Finance, Transactree Technologies Pvt Ltd., Upstart Network, Inc., Zopa Financial Services Limited amongst others.Key Findings of the Report:In terms of revenue, global P2P lending market is expected to reach US$ 1,585.23 million by 2027, as there is an increasing demand for blockchain based P2P technology.Business loans segment held the largest share in 2018 and is expected to continue the same trend over the forecast period.
As P2P lending platforms are simple online platforms and an alternative to banks, most businesses prefer these platforms for borrowing loans.On the basis of end user industry, the small business segment is anticipated to exhibit the highest CAGR of 16.3% over the next eight years.
Small business looking for loan from bank has a limited number of banks and financial institutions to tap, on the other hand there are numerous P2P lending platforms providing loans quickly, with no collateral and less charges to these SME’s.Market SegmentationBy Deployment TypeCloud basedOn-PremiseBy Type of LoanPersonal LoansAuto LoansBusiness LoansStudent LoansOthersBy Business ModelTraditional P2P ModelAlternate Marketplace P2P ModelBy End User IndustryIndividualsSmall BusinessBy GeographyNorth AmericaU.S.CanadaMexicoEuropeFranceThe UKSpainGermanyItalyNordic CountriesDenmarkFinlandIcelandNorwaySwedenBenelux UnionBelgiumThe NetherlandsLuxemburgRest of EuropeAsia PacificChinaJapanIndiaNew ZealandAustraliaSouth KoreaSoutheast AsiaIndonesiaThailandMalaysiaSingaporeRest of Southeast AsiaRest of Asia PacificMiddle East & AfricaSaudi ArabiaUAEEgyptKuwaitSouth AfricaRest of Middle East & AfricaLatin America BrazilArgentinaRest of Latin America Contact us:Shreyas TannaPhone: +91-740-024-2424Absolute Markets InsightsEmail: [email protected]
Peer to Peer Lending SoftwarePeer to peer lending software, also known as P2P lending software, is the solution for the entire ruckus created by the current loan payment system.
The system offers crypto-backed loans and the concept is gaining rapid momentum and acceptance.
A P2P lending platform eliminates the paperwork involved in the lending process and allows the borrowers to acquire loans at a lower interest rate.
Peer to peer lending software directly connects the buyers and lenders while eliminating any third party involvement, thereby leading to cheaper, quick and transparent lending process.
Future of P2P lendingP2P lending software is multifarious.
This platform enables transparency and openness of transactions.
The P2P crypto lending platform has made the practice of borrowing and loaning money easy.
With just a click of the mouse, individuals can easily find loans online without going to banks in person or waiting for approval.
Low interest rates, simplified applications, and accelerated decisions have made the peer-to-peer lending model a huge success in the digitized world.
Antier Solutions’ team creates robust alternative finance solutions that track investments in real-time.
Our turnkey solution can help crypto startups like you to fulfill your vision of laying the foundation of your P2P crypto lending platform.
If you also want to invest in building a p2p lending platform, feel free to contact us.