Remember meForgot password?
    Log in with Twitter
Press Release

Increasing Small Business Units to Act as Building Blocks for Peer-to-Peer Lending Market

Transparency Market Research Added A New "Peer-to-Peer Lending Market Research Report" And Its Full Database.

This press release was orginally distributed by SBWire

Albany, NY -- (SBWIRE) -- 03/10/2017 -- The key trend likely to be adopted by leading players in the global peer-to-peer (P2P) lending market is to build strategic alliances to expand its small business loan divisions. For instance, Prosper Marketplace, Inc. joined hands with OnDeck and bought American Healthcare to improve its product portfolio. Similarly, LendingClub Corporation is also targeting startups by collaborating with trustworthy investors in the market.

Another radical trend identified by Transparency Market Research is innovative solutions offerings that target students. CommonBond working towards connecting student borrowers with individual investors to help them acquire low-cost loans.

Fill the form to gain deeper insights on this market @

Improved Interfaces Making Borrowing and Lending Simpler

Simplification of modes used for peer-to-peer lending such as improved online interfaces has augmented the peer-to-peer lending market in the recent years. A TMR analyst says, "With technological advancements, borrowers can log on to seek funding and get instant updates such as completion of the process or the funds received in the bank account."

This market is also being driven by the increasing number of student population seeking simpler methods of obtaining student loans. The prediction software calculates the loan amount and ability to repay by considering a few factors, thereby making the lending and borrowing process much easier.

India and China Remain at Forefront of Overall Market

The huge population base of China and India is offering incredible growth opportunities for the global P2P lending market. The TMR analyst says, "In 2014, out of the 400 million borrowers in India only one in every seven borrowers acquired a formal loan." Considering this surprising statistic, it is evident that P2P will bridge the gap between inaccessibility to modes of credit and eagerness of P2P lending companies to grow.

Furthermore, the emergence of small and medium businesses in these developing economies is anticipated to seek loans, which will also set the ball in motion for the rise of P2P lending market in Asia Pacific.

Browse Market Research Report @

Shift Towards Traditional Saving Methods Poses Risk

The possibility of borrowers turning to banks and other formal lenders is a perpetual risk to the P2P lending market. The battle to win bigger market share in the overall economy has forced several banks and traditional lenders to improve their interest rates. Thus, schemes promising high interest rates on savings could dampen the future of P2P lending market. The global P2P lending market will also be hampered by the direct risk investors face in case if there are defaults on the repayment of the loan.

TMR findings suggest that the opportunity in the global peer-to-peer market will be worth US$897.85 bn by 2024 from US$26.16 bn in 2015. The market is anticipated to rise at a whopping CAGR of 48.2% between 2016 and 2024. The biggest contributor to this growth will be small business end user segment that was likely to pace ahead at an impressive CAGR of 48.8% during the forecast period, very much retaining its leading stance.

Top Research Report by TMR:

Industrial Gas Regulator Market -

Digital Commerce Platform Market -

About Transparency Market Research
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

For more information on this press release visit:

Media Relations Contact

Transparency Market Research
Transparency Market Research
Telephone: 518-618-1030
Email: Click to Email Transparency Market Research

Latest News
Top News