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Peer-to-Peer Lending Platforms in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Peer-to-Peer Lending Platforms Market Research Report | Advisory & Financial Services | Alternative Financing | Dec 2014

Front money: Revenue will rise, but regulations threaten industry profitability

IBISWorld’s Peer-to-Peer Lending Platforms market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Lending Club Lending Club market share
OnDeck OnDeck market share
Prosper.com Prosper.com market share
SoFi SoFi market share
Industry Statistics & Market Size
Revenue
$500m
Annual Growth 09-14
77.5%
Annual Growth 14-19
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Profit
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Employment
1,364
Businesses
63
Industry Analysis & Industry Trends

In peer-to-peer lending, regular consumers sign up to invest in consumer and small business loans via an intermediary, the lending platform. During the past five years, revenue for the Peer-to-Peer Lending Platforms industry has grown as many consumers and small businesses embraced the concept. However, the industry will continue to experience relatively rocky waters during the five years to 2019 as the industry is relatively new, which affects regulation change and marketing challenges. Though it will not see the dramatic growth of the past five years, the industry can expect strong revenue growth.... purchase to read more

Industry Report - Industry Analysis Chapter

The rising prominence of peer-to-peer lending platforms during the past five years has proven that loaning money to strangers can be quite lucrative. During the past five years, revenue for the Peer-to-Peer Lending Platforms industry has grown at an annualized rate of 77.5% as many consumers and small businesses embraced the concept. In peer-to-peer lending, regular consumers sign up to invest in consumer and small business loans via an intermediary, the lending platform. Borrowers are vetted using each lending platform's own algorithm, which measures metrics including credit scores, debt-to-income ratio and, sometimes, the borrower's online life, including social media activity. Once the borrower's loan request is granted, terms are set... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Peer-to-Peer Lending Platforms Industry?

Companies in this industry provide peer-to-peer lending, which occurs directly between individuals and organizations without the direct intermediation of a traditional financial institution. In this industry, individuals and organizations pool their money to support the efforts of borrowers, while generating a rate of return for themselves. Crowdfunded fundraising, where collective money supports others with financial donations and without planned repayment, is not part of this industry.

Industry Products
Origination feesServicing feesInterest income
 
Industry Activities
Offering and investing in personal loansOffering and investing in debt consolidation loansOffering and investing in short term & bridge loansOffering and investing in home improvement loansOffering and investing in auto & vehicle loansOffering and investing in small business loansOffering and investing in green loans


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