Europe Micro Lending Market Size, Share & Industry Trends Analysis Report By Service Provider, By End User (Micro, Small & Medium Enterprises and Solo Entrepreneurs & Individuals), By Country and Growth Forecast, 2022 - 2028
The Europe Micro Lending Market would witness market growth of 12.1% CAGR during the forecast period (2022-2028).
Aspiring business owners are becoming more eager to collaborate with microlenders. Fewer business owners are able to take out credit cards, borrow against their homes' value, or meet the requirements for standard bank loans, yet there is still a demand for funding. Some microlenders have a clearer goal of attempting to fight poverty by enabling people.
Most microlenders require loan beneficiaries to attend training on business ideas, marketing, and financial planning in addition to assessing applicants' credit ratings. As business owners expand their companies, helping them help themselves is a larger goal of this education process. A lot of microlenders are more focused on development.
Although micro lending is viewed as an asset with the potential for returns by investors, its primary objective is to support small business owners who would otherwise be unable to obtain financing for the establishment, growth, or expansion of their enterprise. Microloans are used by investors to diversify their portfolios among various debt instruments and loans while generating greater rates of return.
Germany's financial services sector is very well-developed and inclusive. Despite the expansion of corporate finance through capital markets, bank loans remain the most popular form of financing for firms in Germany, particularly the small- and medium-sized industries. Germany's universal banking system allows its more than 1,679 banks, savings banks, and network of 25,800 branches to all accept deposits from customers, provide loans to them, and engage in securities trading.
The Germany market dominated the Europe Micro Lending Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4,325.9 million by 2028. The UK market is anticipated to grow at a CAGR of 11.2% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 12.9% during (2022 - 2028).
Based on Service Provider, the market is segmented into Banks and Micro Finance Institutes (MFIs). Based on End User, the market is segmented into Micro, Small & Medium Enterprises and Solo Entrepreneurs & Individuals. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Funding Circle Limited (Funding Circle Holdings plc), On Deck Capital, Inc. (Enova International, Inc.), American Express Kabbage Inc. (American Express Company), LendingClub Bank (LendingClub Corporation), Zopa Bank Limited, Biz2Credit, Inc., Lendio, Inc., Bluevine Capital, Inc., Fundera, Inc. (NerdWallet), and StreetShares, Inc.
Scope of the Study
Market Segments covered in the Report:
By Service Provider
- Banks
- Micro Finance Institutes (MFIs)
- Micro, Small & Medium Enterprises
- Solo Entrepreneurs & Individuals
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Funding Circle Limited (Funding Circle Holdings plc)
- On Deck Capital, Inc. (Enova International, Inc.)
- American Express Kabbage Inc. (American Express Company)
- LendingClub Bank (LendingClub Corporation)
- Zopa Bank Limited
- Biz2Credit, Inc.
- Lendio, Inc.
- Bluevine Capital, Inc.
- Fundera, Inc. (NerdWallet)
- StreetShares, Inc.
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- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Micro Lending Market, by Service Provider
- 1.4.2 Europe Micro Lending Market, by End User
- 1.4.3 Europe Micro Lending Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition and Scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Strategies Deployed in Micro Lending Market
- Chapter 4. Europe Micro Lending Market by Service Provider
- 4.1 Europe Banks Market by Country
- 4.2 Europe Micro Finance Institutes (MFIs) Market by Country
- Chapter 5. Europe Micro Lending Market by End-user
- 5.1 Europe Micro, Small & Medium Enterprises Market by Country
- 5.2 Europe Solo Entrepreneurs & Individuals Market by Country
- Chapter 6. Europe Micro Lending Market by Country
- 6.1 Germany Micro Lending Market
- 6.1.1 Germany Micro Lending Market by Service Provider
- 6.1.2 Germany Micro Lending Market by End-user
- 6.2 UK Micro Lending Market
- 6.2.1 UK Micro Lending Market by Service Provider
- 6.2.2 UK Micro Lending Market by End-user
- 6.3 France Micro Lending Market
- 6.3.1 France Micro Lending Market by Service Provider
- 6.3.2 France Micro Lending Market by End-user
- 6.4 Russia Micro Lending Market
- 6.4.1 Russia Micro Lending Market by Service Provider
- 6.4.2 Russia Micro Lending Market by End-user
- 6.5 Spain Micro Lending Market
- 6.5.1 Spain Micro Lending Market by Service Provider
- 6.5.2 Spain Micro Lending Market by End-user
- 6.6 Italy Micro Lending Market
- 6.6.1 Italy Micro Lending Market by Service Provider
- 6.6.2 Italy Micro Lending Market by End-user
- 6.7 Rest of Europe Micro Lending Market
- 6.7.1 Rest of Europe Micro Lending Market by Service Provider
- 6.7.2 Rest of Europe Micro Lending Market by End-user
- Chapter 7. Company Profiles
- 7.1 Funding Circle Limited (Funding Circle Holdings plc)
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Research & Development Expenses
- 7.1.5 Recent strategies and developments:
- 7.1.5.1 Partnerships, Collaborations, and Agreements:
- 7.2 On Deck Capital, Inc. (Enova International, Inc.)
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Regional Analysis
- 7.3 American Express Kabbage Inc. (American Express Company)
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.4 LendingClub Bank (LendingClub Corporation)
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Recent strategies and developments:
- 7.4.3.1 Partnerships, Collaborations, and Agreements:
- 7.5 Zopa Bank Limited
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.6 Biz2Credit, Inc.
- 7.6.1 Company Overview
- 7.6.2 Recent strategies and developments:
- 7.6.2.1 Partnerships, Collaborations, and Agreements:
- 7.6.2.2 Product Launches and Product Expansions:
- 7.7 Lendio, Inc.
- 7.7.1 Company Overview
- 7.7.2 Recent strategies and developments:
- 7.7.2.1 Partnerships, Collaborations, and Agreements:
- 7.7.2.2 Product Launches and Product Expansions:
- 7.8 Bluevine Capital, Inc.
- 7.8.1 Company Overview
- 7.9 Fundera, Inc. (NerdWallet)
- 7.9.1 Company Overview
- 7.10. StreetShares, Inc.
- 7.10.1 Company Overview
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