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The global digital lending platform market size was valued at $5.58 billion in 2019, and is projected to reach $20.31 billion by 2027, growing at a CAGR of 16.7% from 2020 to 2027. Digital lending is a process of offering loans, which are applied for, disbursed, and managed through digital platform. Digital lending platform enables borrowers and lenders to lend money through paperless or electronic means, offering ease of use, enhanced consumer experience, and reduced overhead through customer verification time saving
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Digital Lending Platform Market Projected to Hit $20.31 Billion By 2027 Growing at a CAGR of 16.7% from 2020 to 2027. DownloadPDFSample
Digital Lending Platform Market “Cloud segment is expected to experience significant growth in the coming years, owing to rise in adoption of cloud enabled digital lending platform software among various banks and insurance companies to increase their revenue opportunity and to enhance their business across the globe” HimanshuJangra-LeadAnalyst SemiconductorandElectronicsatAlliedMarketResearch DownloadPDFSample
Digital Lending Platform Market The digital lending platform help banks to offer different financial services such as faster loan processing, high-quality services, and cost-efficient financial services to various customers According to a recent report published by Allied Market Research, titled, “Digital Lending Platform Market By Component, Deployment Model, Type and Industry Vertical: Opportunity Analysis and Industry Forecast, 2020–2027” The global digital lending platform market size was valued at $5.58 billion in 2019, and is projected to reach $20.31 billion by 2027, growing at a CAGR of 16.7% from 2020 to 2027 DownloadPDFSample
Digital Lending Platform Market Digital Lending Platform Market By Component (Software and Service), Deployment Model (On-Premise and Cloud), Type (Decision Automation, Collections & Recovery, Loan Processing, Risk & Compliance Management, and Others), and Industry Vertical (Banks, Insurance Companies, Credit Unions, Savings & Loan Associations, Peer-to-Peer Lending, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027 DownloadPDFSample
Digital Lending Platform Market • KeyBenefitsForStakeholders • By component, the software segment generated the highest revenue in the digital lending platform market analysis in 2019. • On the basis of deployment model, the on-premise segment generated the highest revenue in the digital lending platform market trends in 2019. • Region wise, Asia-Pacific is anticipated to exhibit substantial growth during the forecast period. DownloadPDFSample
Digital Lending Platform Market MajorCompanies: Black Knight, Ellie MAE, Finastra, FIS Global, Fiserv, Intellect Design Arena, Nucleus Software, Tavant Technologies, Temenos, and Wipro. DownloadPDFSample
Digital Lending Platform Market Contact: DavidCorrea 5933 NE Win Sivers Drive #205,Portland, OR 97220 United States TollFree(USA/Canada): +1-800-792-5285,+1-503-894-6022 UK:+44-845-528-1300 HongKong:+852-301-84916 India(Pune):+91-20- 66346060Fax:+1⟨855⟩550- 5975 help@alliedmarketresearch.com Web:https://www.alliedmarketresearch.com DownloadPDFSample