Digital Lending Platform Market 2022-2027

IMARC Group’s latest report, titled “Digital Lending Platform Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global digital lending platform market reached a value of US$ 8.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 20.3 Billion by 2027, exhibiting a CAGR of 15.15% during 2022-2027. offers a comprehensive analysis of the industry, which comprises insights on the Digital Lending Platform Market Share. The report also includes competitor and regional analysis, and contemporary advancements in the market.

A digital lending platform (DLP) aids lenders and borrowers in lending money via electronic or digital methods. It is a mortgage point-of-sale (POS) tool that allows access to numerous financial products and services. It is also employed for recovering and granting loans using web platforms or mobile applications. Additionally, it enables a separate legal individual or entity to provide short or long-term loans that are managed and distributed through digital channels. It is majorly used by lending service providers (LSPs), who work with non-banking financial companies (NBFCs) to disperse credit to customers. The demand for digital lending platforms is growing due to their several advantages, such as a simplified application process, improved loan disbursement, quick decision-making, and increased efficiency. Some of the commonly provided services by DLP include risk and compliance management, credit bureau reporting, and decision automation.

Competitive Landscape with Key Players:

The competitive landscape of the industry has also been examined along with the profiles of the key players being

  • Black Knight Inc
  • Finastra
  • FIS, Fiserv Inc
  • Intellect Design Arena Ltd
  • Intercontinental Exchange Inc
  • Nucleus Software Exports Ltd
  • Pegasystems Inc
  • Roostify Inc
  • Tavant Technologies
  • Wipro Limited

Digital Lending Platform Market Demand:

The rising popularity of online banking services among the masses majorly drives the global market. This can be attributed to the penetration of high-speed internet connectivity and the growing adoption of smartphones due to rapid digitization. Since digital lending platform (DLP) platforms provide benefits for easy e-signing and accessibility that aid in improving the decision-making process, it significantly supporting the market. Apart from this, the widespread adoption of the platform in the banking, financial services, and insurance (BFSI) industry for improving overall cost savings and customer experience is providing a thrust to their demand. Furthermore, the widespread integration of blockchain, machine learning (ML), and artificial intelligence (AI) with digital lending solutions are creating a positive market outlook. Some of the other factors driving the market include the growing incidences of money laundering and cyber threats and escalating consumer awareness.

Key Market Segmentation:

Breakup by Type:

  • Loan Origination
  • Decision Automation
  • Collections and Recovery
  • Risk and Compliance Management
  • Others

Breakup by Component:

  • Solutions
  • Services

Breakup by Deployment Model:

  • On-premises
  • Cloud-based

Breakup by Industry Vertical:

  • Banks
  • Insurance Companies
  • Credit Unions
  • Savings and Loan Associations
  • Peer-to-Peer Lending
  • Others

 Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other) 

Key Highlights of the Report: 

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape 

Report Coverage:

Report FeaturesDetails
Base Year of the Analysis2021
    Historical Period2016-2021
Forecast Period2022-2027
UnitsUS$ Billion
Segment CoverageType, Component, Deployment Model, Industry Vertical, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries CoveredUnited States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies CoveredBlack Knight Inc., Finastra, FIS, Fiserv Inc., Intellect Design Arena Ltd, Intercontinental Exchange Inc., Nucleus Software Exports Ltd., Pegasystems Inc., Roostify Inc., Tavant Technologies and Wipro Limited
Customization Scope10% Free Customization
Report Price and Purchase OptionSingle User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support10-12 Weeks
Delivery FormatPDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us: 

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. 

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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By Tate

I am a professional writer and blogger. I’m researching and writing about innovation, Blockchain, technology, business, and the latest Blockchain marketing trends.

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