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(India.CityRegions.Com, April 13, 2019 ) Digital lending is the process of utilizing digital technology to originate and renew loans at a faster pace. The digital lending platform helps to make more efficient monetary tractions and provide seamless money lending process. The digital lending platform helps the financial organizations to improve productivity and increase revenue by automating the work. The digital lending platform is gaining traction among BFSI, retail banking and P2P end-users in the past few years.
The digital lending platform market is experiencing a high demand due to the growing popularity of digital transactions. Companies are investing significantly in the development of new and efficient products in order to attract more customers and gain a competitive position in the market. Growing popularity of smartphones, high rate of adoption of digitization are the major factors expected to drive the growth of digital lending platform market. However, security concerns are the major restraining factor is expected to hinder the growth of digital lending platform market.
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The Digital Lending Platform Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.
Leading Digital Lending Platform Market Players:
1. Fiserv, Inc.
2. Newgen Software Technologies Limited
3. Ellie MAE
4. Nucleus Software
5. Tavant Technologies
6. Docutech LLC
7. FIS Global
8. Pegasystems Inc.
9. Hiend Systems
Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical white papers, paid databases etc. followed by primary research (interviews) with industry experts/KOLs to gain their insights and views on current scenarios and future scope of the market as well as validating the secondary information, further internal statistical model is used to estimate the market size and forecasts till 2025.
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Digital Lending Platform Platform Market – Global Analysis to 2025 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.
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