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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

The Peer-to-Peer Lending Platforms market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 Products Chapter

Origination fees

Origination fees are paid by the borrower of a loan. The origination fee is taken out of the loan amount before the money is paid to the borrower. In 2014, origination fees represent 30.9% of total industry revenue. Typically, origination fees amount to 1.0% to 6.0% of the amount of the loan. At present, Lending Club advertises personal loans for consolidating debt, including credit card refinancing or lumping different forms of debt into one loan. It also advertises loans for home improvement, such as renovating a kitchen or bathroom or putting a pool in the backyard. The company also advertises small business loans... 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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