Global P2P Lending Market Examined by Timetric in New Cutting-Edge Report Now Available at MarketPublishers.com19 Oct 2012 • by Natalie Aster
LONDON – Though the idea of peer-to-peer (P2P) lending started seven years ago, it was not until 2007 that the industry began witnessing a significant boom marked with the appearance of new websites which took the community lending business to a higher level. One of the major drivers of the P2P lending market is consumers’ distrust of banks, with their charges, hidden or unfair, and lack of customer-centric approach. The demand for credit card debt consolidation could also act as a catalyzer for P2P lending growth.
Presently, the two leaders in the P2P lending industry – Prosper and Lending Club – are thriving as the industry is being strongly backed by both borrowers and investors.
New market research report “P2P Lending” developed by Timetric provides an in-depth understanding of the worldwide P2P lending universe. It discusses the advantages and disadvantages of P2P lending over banks and other financial institutions; offers granular case studies of existing and inactive companies, besides examining the potential impact of P2P lending on financial services. Furthermore, an in-depth review of the key challenges & growth drivers, the competitive landscape, as well as the future growth potential of the P2P lending market is also provided.
Companies mentioned include: Zopa, Prosper, Lending Club, Kiva, MicroPlace, Duck9, Smava, CommunityLend, TrustBuddy, and MoneyAuction
Published: October, 2012
Price: US$ 3.800,00
More Market Research Reports by Timetric Include:
- Non-Life Insurance in Spain, Key Trends and Opportunities to 2016
- Reinsurance in Spain, Key Trends and Opportunities to 2016
- The Future of Travel and Tourism in Turkey to 2016
- Life Insurance in Spain, Key Trends and Opportunities to 2016
More new market research reports by the publisher can be found at Timetric page.