A comprehensive Study accomplished by DBMR, on both global and regional sales of Digital Lending Platform Market which provides a better understanding of the present market Size, landscape, Development, status and Growth Opportunities to 2026. The study is a mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources. Digital Lending Platform Market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the Global Market key players Involved in the study are Tavant, Docutech LLC, Mambu, CU Direct, Abrigo, Roostify, Decimal Technologies Pvt. Ltd., , Finastra, Built Technologies, Inc., Jack Henry & Associates, Inc., Turnkey Lender, Fiserv, Inc. and More.
Global digital lending platform market is set to witness a healthy CAGR of 22.1% in the forecast period to 2026. This rise in market value can be attributed to the growing demand of AI and Machine Learning platform.
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Top Major Market Competitors:
Tavant, Docutech LLC, Mambu, CU Direct, Abrigo, Roostify, Decimal Technologies Pvt. Ltd., , Finastra, Built Technologies, Inc., Jack Henry & Associates, Inc., Turnkey Lender, Fiserv, Inc., Newgen Software Technologies Limited, Ellie Mae, Inc., Nucleus Software Exports Ltd, FIS, Pegasystems Inc., Temenos, Intellect Design Arena Ltd, Sigma Infosolutions among others.
- High proliferation of smartphones along with the growth in digitalization will drive the market growth in the forecast period
- Rise in government initiatives for online lending will also uplift the market growth
- Rising need for better customer experience is another factor driving the growth of this market
- High rate of adoption of digitization; this factor is expected to drive the growth of the market
Key Developments in the Market:
- In October 2018, Fiserv Inc., announced partnership with DadeSystems for offering SaaS-based or standalone banking solution to financial institutions. This partnership will help to reduces total accounts receivable costs and increase accuracy. This will assist in enhanced and improvised payment processing speeds, increased operational efficiency which will broaden the market scope
- In February 2018, Newgen Software Technologies Limited with the help of Customer Communication Management (CCM) and Enterprise Content Management (ECM) platforms increases its commercial loan origination solution capacity used for large and mid-sized banks. This latest solution offers exclusive Configurable Unified Platform (CUP), which automates the complete lending cycle, regulation as well as Business Intelligence (BI).
Scope of the report
Years Considered: – 2020–2026
Base year: – 2019
Forecast period: – 2020–2026 (Value (USD Million))
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Automated Material Handling Systems in these regions, covering
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil etc.)
- Middle East and Africa (Egypt and GCC Countries)
Chapter Details of Digital Lending Platform Market
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Digital Lending Platform Market Landscape
Part 04: Digital Lending Platform Market Sizing
Part 05: Digital Lending Platform Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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