SEARCH   
MEMBER LOGIN    

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 2013

Hey there, stranger: lending has proven to be lucrative, but regulations threaten industry profitability

IBISWorld’s Peer-to-Peer Lending Platforms market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Lending Club Lending Club market share
Prosper.com Prosper.com market share
Industry Statistics & Market Size
Revenue
$162m
Annual Growth 08-13
176.6%
Annual Growth 13-18
Purchase to read more
Profit
Purchase to read more
Employment
1,200
Businesses
54
Industry Analysis & Industry Trends

The Peer-to-Peer Lending Platforms industry is a new, fast-growing industry that has experienced rapid growth in terms of revenue and enterprises over the past five years. However, regulations from the Securities and Exchange Commission have added some turbulence and uncertainty to the industry. Going forward, profit is expected to rise, but the industry will continue to be characterized by increased regulation and competition.

.... purchase to read more

Industry Report - Starting a New Business Chapter

Barriers to entry into the Peer-to-Peer Lending Platforms industry are medium, though barriers to success are high. Very little capital is required to operate in this online-based, growing industry. However, technical and financial prowess is paramount, which leads to high average wage costs. Successful operators must be able to provide stable, fast and extremely secure online platforms. They must also have accurate and reliable algorithms that will provide solid choices in which loan applications to approve. Competition remains high as new entrants compete fiercely through marketing campaigns to gain market share. As this is a finance-based industry, regulation is high, and setting up a business within the bounds of the law is tricky and may require expertise from consultants... 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 without the intermediation of a traditional financial institution. Peer-to-peer lending is a type of crowdfunding, which is the collective effort of individuals to pool their money to support the efforts of others. Crowdfunded fundraising, in which collective money supports others with financial donations and without planned repayment or accrued interest, is not part of this industry.

Industry Products
Origination feesServicing feesInterest income
 
Industry Activities
Loan brokeringFinancial advising


View Sample
Quote
Select Clients