Press release
How Digital Lending Platform Market Growing Rapidly? Top key players are Built Technologies, Agro, Newgen Software, Sigma Infosolutions, Fiserv, Nucleus Software, FIS Global, Roostify, HiEnd Systems, Finastra, Decimal Technologies
Digital Lending Platform Market
Studies have estimated that 53% of adults worldwide will be using smartphones, PCs, tablets or smartwatches to avail financial services by 2021. Cloud-based digital lending platforms are already being used by banks and NBFCs to reach customers across the globe, informing them about the status of their loan payments as well as basic account information.
Get sample copy of this research report @ https://www.decresearch.com/request-sample/detail/3019
A digital lending platform will essentially reduce operational, business as well as regulatory risks in digital lending organizations with a responsive and configurable approach. Use of digital platforms will cater to the mounting demand among financial organizations for enhanced customer experience while interacting with lenders and borrowers, providing speed and transparency. These platforms also improve loan collection and repayment methods for institutions with efficient real-time loan approval, processing and disbursal, which will augment digital lending platform market share over the forecast period.
Leading market players are relying on strategic alliances through mergers and acquisitions to enhance product offerings and expand their regional presence. Key players comprising digital lending platform space are Built Technologies, Finastra, Finantix, Nucleus Software, Arena Limited and Newgen Software Technologies Limited, among several others. Global digital lending platform market size is projected to surpass USD 17 billion in annual revenues by 2025.
Increasing use of mobile banking for repayment of loans, rapid urbanization and surging trends for digitalization are driving digital lending platform market size. Consumers are progressively using digital lending platforms to avail automotive loans due to various benefits, including minimal documentation, transparent & fast loan processing and lower interest rate when compared to traditional lending.
Automobile dealers are increasingly using digital lending platforms to offer customers flexible repayment methods, collateral-free loans, and affordable loan options. The integration of AI and advanced analytics in digital lending platforms for automotive loans enable consumers in making credit decisions with less costly underwriting, quicker approval and disbursal of loans.
Get this report Customized to your requirements @ https://www.decresearch.com/roc/3019
Glimpse of Table of Content (ToC): -
Chapter 6 Digital Lending Platform Market, By Deployment Model
6.1 Key trends, by deployment model
6.2 On-premise
6.2.1 Market estimates & forecast, 2014-2025
6.3 Cloud
6.3.1 Market estimates & forecast, 2014-2025
Chapter 7 Digital Lending Platform Market, By Business Model
7.1 Key trends, by business model
7.2 Customer driven
7.2.1 Market estimates & forecast, 2014-2025
7.3 Staff driven
7.3.1 Market estimates & forecast, 2014-2025
Chapter 8 Digital Lending Platform Market, By Product
8.1 Key trends, by product
8.2 Personal loan
8.2.1 Market estimates & forecast, 2014-2025
8.3 Automotive loan
8.3.1 Market estimates & forecast, 2014-2025
8.4 SME finance loan
8.4.1 Market estimates & forecast, 2014-2025
8.5 Mortgage loan
8.5.1 Market estimates & forecast, 2014-2025
Chapter 9 Digital Lending Platform Market, By Application
9.1 Key trends, by application
9.2 Bank & NBFCs
9.2.1 Market estimates & forecast, 2014-2025
9.3 Credit union
9.3.1 Market estimates & forecast, 2014-2025
9.4 Fintech companies
9.4.1 Market estimates & forecast, 2014-2025
9.5 P2P lenders
Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/digital-lending-platform-market
Contact Us:
DEC Research,
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: info@decresearch.com
About DEC Research:
DecResearch.com, powered by Global Market Insights, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release How Digital Lending Platform Market Growing Rapidly? Top key players are Built Technologies, Agro, Newgen Software, Sigma Infosolutions, Fiserv, Nucleus Software, FIS Global, Roostify, HiEnd Systems, Finastra, Decimal Technologies here
News-ID: 2068582 • Views: …
More Releases from Decresearch
AI in Manufacturing Market Analysis To 2025 | Qualcomm, Microsoft, Nvidia, Intel …
The global AI in manufacturing market is anticipated to traverse alongside a highly remunerative growth graph in the ensuing years, owing to the rapid adoption of automation across various production processes. The manufacturing industry has always welcomed new technologies in the process landscape, with the integration of technologies such as drones and industrial robots dating back to 1960s. The manufacturing sector is now gearing up to witness the next automation…
(SDN) Software Defined Networking Market Competitive Landscape Outlook To 2025 - …
Software defined networking market is deemed to be a major stipendiary of this transition. Telecommunication networks, apparently, have migrated from traditional hardware and appliance centric deployment to cloud based model, with software playing a pivotal role in network functionality. The increasing popularity of SDN industry can be majorly attributed to this fundamental aspect.
With most of the companies leveraging SDN technologies for accelerating work-flow automation, software defined networking market has been…
Modular Data Center Market To Exhibit Impressive Growth By 2025 | Top Key Player …
The global modular data center market is witnessing an unprecedented momentum in the past few years owing to an explosion in demand for IT services that has put mounting pressure on traditional data centers. The data centers of the 21st century are transforming themselves from being just massive outsourced installations or on-premise facilities running enterprise applications into something which is more in sync with the requirements of this time and…
(LPWAN) Low Power Wide Area Network Market Overview & Analysis By 2025 | Actilit …
Low power wide area network market share is witnessing an increased traction in the recent years. Interestingly, LPWAN networks have emerged as popular choice among enterprises to support various IoT use cases and solutions for business sectors such as agriculture, manufacturing, logistics, and healthcare, among others. Enumerated below are three major factors that are shaping the growth prospects of LPWAN market.
One of the major factors fueling the commercialization prospects of…
More Releases for Digital
Digital Therapeutics Market, Digital Therapeutics Market Size, Digital Therapeut …
The global digital therapeutics market is expected to reach US$ 8,941.1 Mn by 2025 from US$ 1,993.2 Mn in 2017. The market is estimated to grow with a CAGR of 20.8% during the forecast period from 2018 to 2025.
North America is the largest geographic market and it is expected to be the largest revenue generator during the forecast period, whereas the market is expected to witness growth at a significant…
Digital Advertising on Mobil Market Analysis 2019 Top Growing Companies: Adverti …
Digital Advertising on Mobil Market
Digital Advertising on Mobile Market is a type of advertising that shows that mobile devices such as smart phones and tablets have wireless connectivity. For mobile devices with fewer lenses than computers or laptops, digital media formats are often the most suitable for small displays through outputs. Telephone advertising is the communication of products or services of mobile devices and consumers. Telephone announcements range from…
Digital Package Market Size by Analyzing Historical Data, Future Prospect and Ke …
Global Digital Package Industry 2019-2025 Market Research Report explores an in-depth insight of Digital Package Market covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis. This in-depth market report, which is updated every year, provides all you need to know about the global Digital Package market. The report includes the market volumes for Digital Package present and latest news and updates about the market situation.Digital…
Digital Display Market Future Growth with Worldwide Players (Digital Virgo, Digi …
Digital Display Industry 2019 Global Market 2025 research report represents the historical overview of current Market situation, size, share, trends, growth, supply, outlook and manufacturers with detailed analysis. It also focuses on Digital Display volume and value at global level, regional level and company level. From a global perspective, this report represents overall Digital Display market size by analyzing historical data and future prospect.
Get Sample Copy of this Report -…
Top Key Players like Digital Brand Architects, Marketing Factory Inc., Digital A …
Digital Marketing Strategy is the series of actions that help you to achieve your company goals through carefully selected online marketing channels. These channels include paid, earned, and owned media, and can all support a common campaign around a particular line of business. Here we include some digital marketing strategies that can help to grow business in future: Setting a Goal, Creating a Marketing Funnel, Developing a call-to-action, creating an…
Digital Video Recorder Market - Digital Technology With The Adoption of Digital …
A digital video recorder (DVR) is an electronic device that records video in a digital format to a hard disk drive (HDD), solid state drive (SSD), USB flash drive, SD card, or other mass storage devices. Digital video recorders include set-top-boxes, television sets, personal computers, camcorders, and media players with recording capability. Digital video recorders are used mainly for entertainment and security and surveillance applications. Fast data retrieval, less storage…
