Europe Alternative Lending Platform Market Size, Share & Industry Trends Analysis Report By Component (Solution and Services), By Deployment, By End-use (Crowdfunding and Peer-to-Peer Lending), By Country and Growth Forecast, 2022 - 2028

The Europe Alternative Lending Platform Market is expected to witness market growth of 21.3% CAGR during the forecast period (2022-2028).

The conventional banking industry has also been active in this area, integrating cutting-edge methods into its operations. To improve the client experience, many banks have partnered with fintech companies to offer online services and electronic payments. The bank, however, provides a unique set of financial services not offered by non-banks or alternative lenders.   
Following the financial crisis of 2008, when banks' lending became significantly more restrictive and significantly less profitable due to the confluence of low-interest rates and more regulation, a new wave of technology-based FinTech lenders started to emerge. Numerous AL businesses were established over the decade that followed the crisis and successfully expanded to become significant market participants.

There are no indications that the German economy is experiencing a credit crunch. Both domestic and foreign investors can access loans at market-determined rates, and there are many different credit products available. A high proportion of bank borrowing in comparison to equity financing and the traditional German system of cross-shareholding between banks and industry have historically allowed German banks to have a significant impact on the industry.

The Germany market dominated the Europe Alternative Lending Platform Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $552.4 million by 2028. The UK market is experiencing a CAGR of 20.3% during (2022 - 2028). Additionally, The France market is expected to exhibit a CAGR of 22.2% during (2022 - 2028).

Based on Component, the market is segmented into Solution and Services. Based on Solution Type, the market is segmented into Loan Origination, Loan Servicing, Lending Analytics and Others. Based on Services Type, the market is segmented into Integration & Deployment, Support & Maintenance, Training & Consulting and Managed Services. Based on Deployment, the market is segmented into On-Premise and Cloud. Based on End-use, the market is segmented into Crowdfunding and Peer-to-Peer Lending. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Funding Circle Limited, On Deck Capital, Inc., Upstart Network, Inc., American Express Kabbage Inc. (American Express Company), LendingClub Bank (LendingClub Corporation), Zopa Bank Limited, CommonBond, Inc., Prosper Funding LLC, Avant, LLC, and Social Finance.

Scope of the Study

Market Segments Covered in the Report:

By Component

• Solution
  • Loan Origination
  • Loan Servicing
  • Lending Analytics
  • Others
  
  
• Services
  • Integration & Deployment
  • Support & Maintenance
  • Training & Consulting
  • Managed Services
  
  

By Deployment

• On-Premise
• Cloud

By End-use

• Crowdfunding
• Peer-to-Peer Lending

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

• Funding Circle Limited
• On Deck Capital, Inc.
• Upstart Network, Inc.
• American Express Kabbage Inc. (American Express Company)
• LendingClub Bank (LendingClub Corporation)
• Zopa Bank Limited
• CommonBond, Inc.
• Prosper Funding LLC
• Avant, LLC
• Social Finance

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