Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Business Model (Alternate Marketplace Lending, Traditional Lending), By Type (Consumer Lending, Business Lending), By End User (Consumer Credit Loans, Small Business Loans, Student Loans, Real Estate Loans) And Competitive Landscape
Product Code: ETC077198 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Africa Peer-to-Peer (P2P) Lending Market is anticipated to register sound growth in the coming time zone. South Africa and Kenya are leading in the P2P business lending market in the world. The Rapid growth and emergence of Online P2P lending models in South Africa is likely to dominate the national market. The possibility to build a regulatory framework that grants guarantees to market players and consumers will be the key for fast growing market. Growth anticipation in P2P lending market will remain constant due to the factors like rise in interest rate, competition with banks and customer market size. The lending is believed to advance the peak and will smoothen the business operations and provide easy options for individuals and to businesses. There have been several positive steps towards developing a specific regulatory response to this emergent industry that provides additional and vital channels of financing for individuals, start-ups and SMEs.As Africa is still in nascent stage, there is no regulatory policy for the alternate finance industry. As Africa is not homogenous Market. As the region continues its socioeconomic upliftment, more people will need access to financial services. This makes Africa an exciting market for alternative lending in years to come. Impacts of Covid19 has caused many outbreaks has caused ups and downs to the P2P lending firms.
According the 6Wresearch, the Africa Peer to Peer Lending market is likely to witness significant growth during 2021-2027. In Africa, largest number of online alternative finance platforms are: Egypt, Morocco, Ghana, Nigeria, Senegal, Uganda and Zimbabwe are all also active. In Africa, market is evenly distributed among 10 core countries. The East Africa Region has the largest market share of the African alternative finance market. Within Africa, South Africa had the largest number of online alternative finance platforms, with eight surveyed respondents. Following South Africa, both Egypt and Morocco had three domestically-based platforms, while Ghana and Nigeria each had two. Senegal, Uganda, and Zimbabwe each had a single surveyed platform. Kenya and South Africa are leading the P2P business lending market in Africa. Kiakia is a Nigerian peer to peer lending platform that investors can use to invest. Kiakia is a financial marketplace where you can invest in personal and business capital. UbaPesa is a P2P lending app in Kenya where users can lend and borrow money. Rain Fin is a P2P lending platform in South Africa that enables borrowers to access affordable capital. Aella Credit is a P2P lending platform available in Nigeria and Ghana. Fair is a P2P lending platform. It is operational in Nigeria. Thrive Agric is a P2P lending platform for farmers. Farmcrowdy is a Nigerian peer to peer lending platform that connects farmers and agribusiness to investors who can lend them money.
The Africa peer to peer lending market is segmented on the basis of business models and its types, end users, and Countries. In terms of business model, the market is bifurcated into alternate marketplace lending and traditional lending. Depending on type, it is categorized into consumer lending and business lending. As per end user, it is segregated into consumer credit loans, small business loans, student loans, and real estate loans. Region wise, it is analysed across North America, Europe, Asia-Pacific, Latin America, Africa and Middle East. Alternative lending leaders in Africa are: Aella credit, Branch, KiaKia, Microcred group, Musoni, Rain fin, Farm drive. These key players have adopted various strategies such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to increase their market penetration and strengthen their position in the industry.
The Africa Peer to Peer Lending market report thoroughly covers the market by Application and key countries including South Africa, Kenya, Nigeria and rest of Africa. The Africa Peer to Peer Lending market outlook report provides an unbiased and detailed analysis of the on-going Africa P2P market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The market report covers the following segments:
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1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Africa Peer-to-peer (P2P) lending Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa Peer-to-peer (P2P) lending Market Revenues & Volume, 2020 & 2027F |
3.3 Africa Peer-to-peer (P2P) lending Market - Industry Life Cycle |
3.4 Africa Peer-to-peer (P2P) lending Market - Porter's Five Forces |
3.5 Africa Peer-to-peer (P2P) lending Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Africa Peer-to-peer (P2P) lending Market Revenues & Volume Share, By Business Model, 2020 & 2027F |
3.7 Africa Peer-to-peer (P2P) lending Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.8 Africa Peer-to-peer (P2P) lending Market Revenues & Volume Share, By End User, 2020 & 2027F |
4 Africa Peer-to-peer (P2P) lending Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa Peer-to-peer (P2P) lending Market Trends |
6 Africa Peer-to-peer (P2P) lending Market, 2017 - 2027 |
6.1 Africa Peer-to-peer (P2P) lending Market, Revenues & Volume, By Business Model, 2017 - 2027 |
6.2 Africa Peer-to-peer (P2P) lending Market, Revenues & Volume, By Type, 2017 - 2027 |
6.3 Africa Peer-to-peer (P2P) lending Market, Revenues & Volume, By End User, 2017 - 2027 |
7 South Africa Peer-to-peer (P2P) lending Market, 2017 - 2027 |
7.1 South Africa Peer-to-peer (P2P) lending Market, Revenues & Volume, By Business Model, 2017 - 2027 |
7.2 South Africa Peer-to-peer (P2P) lending Market, Revenues & Volume, By Type, 2017 - 2027 |
7.3 South Africa Peer-to-peer (P2P) lending Market, Revenues & Volume, By End User, 2017 - 2027 |
8 Nigeria Peer-to-peer (P2P) lending Market, 2017 - 2027 |
8.1 Nigeria Peer-to-peer (P2P) lending Market, Revenues & Volume, By Business Model, 2017 - 2027 |
8.2 Nigeria Peer-to-peer (P2P) lending Market, Revenues & Volume, By Type, 2017 - 2027 |
8.3 Nigeria Peer-to-peer (P2P) lending Market, Revenues & Volume, By End User, 2017 - 2027 |
9 Kenya Peer-to-peer (P2P) lending Market, 2017 - 2027 |
9.1 Kenya Peer-to-peer (P2P) lending Market, Revenues & Volume, By Business Model, 2017 - 2027 |
9.2 Kenya Peer-to-peer (P2P) lending Market, Revenues & Volume, By Type, 2017 - 2027 |
9.3 Kenya Peer-to-peer (P2P) lending Market, Revenues & Volume, By End User, 2017 - 2027 |
10 Rest of Africa Peer-to-peer (P2P) lending Market, 2017 - 2027 |
10.1 Rest of Africa Peer-to-peer (P2P) lending Market, Revenues & Volume, By Business Model, 2017 - 2027 |
10.2 Rest of Africa Peer-to-peer (P2P) lending Market, Revenues & Volume, By Type, 2017 - 2027 |
10.3 Rest of Africa Peer-to-peer (P2P) lending Market, Revenues & Volume, By End User, 2017 - 2027 |
11 Africa Peer-to-peer (P2P) lending Market Key Performance Indicators |
12 Africa Peer-to-peer (P2P) lending Market - Opportunity Assessment |
12.1 Africa Peer-to-peer (P2P) lending Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Africa Peer-to-peer (P2P) lending Market Opportunity Assessment, By Business Model, 2020 & 2027F |
12.3 Africa Peer-to-peer (P2P) lending Market Opportunity Assessment, By Type, 2020 & 2027F |
12.4 Africa Peer-to-peer (P2P) lending Market Opportunity Assessment, By End User, 2020 & 2027F |
13 Africa Peer-to-peer (P2P) lending Market - Competitive Landscape |
13.1 Africa Peer-to-peer (P2P) lending Market Revenue Share, By Companies, 2020 |
13.2 Africa Peer-to-peer (P2P) lending Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |