The Asia Pacific Corporate Lending Platform Market would witness market growth of 24.4% CAGR during the forecast period (2023-2030).
The China market dominated the Asia Pacific Corporate Lending Platform Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $849.5 million by 2030. The Japan market is registering a CAGR of 23.5% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 25.1% during (2023 - 2030).
The rise of fintech startups and alternative lenders has reshaped the corporate lending landscape, offered innovative financing solutions, and challenged the dominance of traditional banks. Fintech companies leverage technology, data analytics, and automation to offer faster loan approvals, competitive interest rates, and personalized lending experiences. Businesses’ increasing acceptance and adoption of fintech lending platforms reflect a growing preference for agile, customer-centric financing solutions that cater to their unique needs and preferences.
Businesses are increasingly turning to corporate lending platforms as alternative sources of financing, diversifying away from traditional banking institutions. While banks have historically been the primary providers of corporate loans, lending platforms offer businesses greater flexibility, transparency, and access to financing. Faster approval processes, lower costs, and a wider range of loan products available from alternative lenders drive the shift from traditional banking to online lending platforms.
The growing credit demand from MSMEs in India expands the corporate lending platform market. The Union government’s extended Emergency Credit Linked Guarantee Scheme (ECLGS) has enabled the MSME sector to experience exceptionally strong credit growth, with an average of over 30.6% from January to November 2022, according to the National Investment Promotion & Facilitation Agency. Hence, the expansion of the banking assets and growing credit demand from MSMEs is driving the market’s growth.
Based on Offering, the market is segmented into Solution (Loan Origination, Loan Structuring, Underwriting, Collateral Management, Compliance & Regulatory Management, Loan Monitoring & Management and Others) and Services (Professional Services and Managed Services). Based on End User, the market is segmented into Banks, Non-Banking Financial Corporation(NBFC) and Credit Unions & Others. Based on Deployment, the market is segmented into Cloud and On-premise. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Lending Type, the market is segmented into Commercial Lending, Microfinance Lending, SME Lending, Agriculture Lending, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The China market dominated the Asia Pacific Corporate Lending Platform Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $849.5 million by 2030. The Japan market is registering a CAGR of 23.5% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 25.1% during (2023 - 2030).
The rise of fintech startups and alternative lenders has reshaped the corporate lending landscape, offered innovative financing solutions, and challenged the dominance of traditional banks. Fintech companies leverage technology, data analytics, and automation to offer faster loan approvals, competitive interest rates, and personalized lending experiences. Businesses’ increasing acceptance and adoption of fintech lending platforms reflect a growing preference for agile, customer-centric financing solutions that cater to their unique needs and preferences.
Businesses are increasingly turning to corporate lending platforms as alternative sources of financing, diversifying away from traditional banking institutions. While banks have historically been the primary providers of corporate loans, lending platforms offer businesses greater flexibility, transparency, and access to financing. Faster approval processes, lower costs, and a wider range of loan products available from alternative lenders drive the shift from traditional banking to online lending platforms.
The growing credit demand from MSMEs in India expands the corporate lending platform market. The Union government’s extended Emergency Credit Linked Guarantee Scheme (ECLGS) has enabled the MSME sector to experience exceptionally strong credit growth, with an average of over 30.6% from January to November 2022, according to the National Investment Promotion & Facilitation Agency. Hence, the expansion of the banking assets and growing credit demand from MSMEs is driving the market’s growth.
Based on Offering, the market is segmented into Solution (Loan Origination, Loan Structuring, Underwriting, Collateral Management, Compliance & Regulatory Management, Loan Monitoring & Management and Others) and Services (Professional Services and Managed Services). Based on End User, the market is segmented into Banks, Non-Banking Financial Corporation(NBFC) and Credit Unions & Others. Based on Deployment, the market is segmented into Cloud and On-premise. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Lending Type, the market is segmented into Commercial Lending, Microfinance Lending, SME Lending, Agriculture Lending, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- TATA Consultancy Services Ltd.
- Fidelity National Information Services, Inc.
- Fiserv, Inc.
- Oracle Corporation
- Finastra Group Holdings Limited (Vista Equity Partners)
- Newgen Software Technologies Limited
- Nelito Systems Pvt. Ltd. (DTS Corporation)
- Wipro Limited
- Comarch SA
- Temenos AG
Market Report Segmentation
By Offering- Solution
- Loan Origination
- Loan Structuring
- Underwriting
- Collateral Management
- Compliance & Regulatory Management
- Loan Monitoring & Management
- Others
- Services
- Professional Services
- Managed Services
- Banks
- Non-Banking Financial Corporation(NBFC)
- Credit Unions & Others
- Cloud
- On-premises
- Large Enterprises
- Small & Medium Enterprises
- Commercial Lending
- Microfinance Lending
- SME Lending
- Agriculture Lending
- Others
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 5. Asia Pacific Corporate Lending Platform Market by Offering
Chapter 6. Asia Pacific Corporate Lending Platform Market by End User
Chapter 7. Asia Pacific Corporate Lending Platform Market by Deployment
Chapter 8. Asia Pacific Corporate Lending Platform Market by Enterprise Size
Chapter 9. Asia Pacific Corporate Lending Platform Market by Lending Type
Chapter 10. Asia Pacific Corporate Lending Platform Market by Country
Chapter 11. Company Profiles
Companies Mentioned
- TATA Consultancy Services Ltd.
- Fidelity National Information Services, Inc.
- Fiserv, Inc.
- Oracle Corporation
- Finastra Group Holdings Limited (Vista Equity Partners)
- Newgen Software Technologies Limited
- Nelito Systems Pvt. Ltd. (DTS Corporation)
- Wipro Limited
- Comarch SA
- Temenos AG
Methodology
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