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Global Peer to Peer (P2P) Lending Analysis Report 2024: Market to grow by 39% During 2023-2028, Driven by Increased Investments, Reduced Operational Costs, and Low P2P Low Interest Rates [...

Enova International, Inc. (ENVA) 
Last enova international, inc. earnings: 4/28 04:16 pm Check Earnings Report
US:NYSE Investor Relations: ir.enova.com
Company Research Source: Yahoo! Finance
The peer to peer (P2P) lending market is forecasted to grow by USD 754 billion during 2023-2028, accelerating at a CAGR of 39% This study identifies the rise in adoption of digital loans as one of the prime reasons driving the peer to peer (P2P) lending market growth during the next few years. Also, growing popularity of P2P lending investments and low interest rates offered by P2P lenders will lead to sizable demand in the market. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by reduced operational costs of P2P lending vendors, use of advanced technologies in lending process, and rising number of small and mid-sized enterprises. The report on the peer to peer (P2P) lending market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The robust vendor analysis Show less Read more
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