市場調查報告書
商品編碼
1567919
貸款聚合商市場:依貸款類型、依業務模式、依技術、依貸款規模、依地區、機會、預測,2017-2031年Loan Aggregator Market Assessment, By Loan Type, by Business Model, By Technology, By Loan Size, By Loan Channel, By Region, Opportunities and Forecast, 2017-2031F |
全球貸款聚合商市場規模預計將從2023年的53.8億美元成長到2031年的81.4億美元,在2024-2031年預測期內年複合成長率為 5.32%。市場的健康成長得益於這些系統提供的便利性和效率等因素。這裡的救星是,提供一個非常簡單且整潔的地方來比較不同金融機構的多個選項,節省時間和精力,避免申請過程的麻煩。消費者越來越要求透過數位解決方案實現更輕鬆的財務管理,而技術進步在支持這一市場趨勢方面發揮關鍵作用。此外,貸款聚合商和金融機構之間的策略合作夥伴關係進一步將產品提供給廣泛且有吸引力的客戶群。因此,大多數流程都是自動化的,使其更具成本效益,並允許聚合商提供更低的利率和費用,使借款人的貸款更便宜。
國際貨幣基金組織(IMF)於2024年 4月宣布,專門針對投資基金等非銀行金融機構的私人信貸市場將能夠在2023年之前向企業借款人提供貸款並增加資產。 2.1兆美元。其中大約四分之三是從美國借來的,其市場佔有率接近銀團貸款和高收益債券。
本報告考察了全球貸款聚合商市場,並提供了市場概述、貸款類型趨勢、業務模式、技術、貸款規模、區域趨勢以及進入市場的公司概況。
Global loan aggregator market is projected to witness a CAGR of 5.32% during the forecast period 2024-2031, growing from USD 5.38 billion in 2023 to USD 8.14 billion in 2031. The market is healthy and growing due to factors such as convenience and efficiency provided by these systems. The savior in this respect has been that they provide a very simple and neat place to compare multiple options from different lenders, saving time and effort from the hassle of the application procedure. Technological advancement plays a key role as consumers increasingly seek easy financial management through digital solutions and aid this trend in the market. Further, strategic partnerships between loan aggregators and financial institutions further open up their product offering to the attracted broader customer base. Consequently, automating most processes leads to cost efficiency, enabling aggregators to offer lower interest rates and fees, leading to loans becoming cheaper for borrowers.
As per the International Monetary Fund (IMF) published in April 2024, the private credit market specialized in non-bank financial institutions, such as investment funds, lent to corporate borrowers, topping USD 2.1 trillion in 2023 in assets and committed capital. About three-quarters of these borrowings were from the United States, where its market share was nearing that of syndicated loans and high-yield bonds.
Millennials and Gen Z to Create Market Demand
Millennials and Gen Z are the most prominent cohort groups that fuel the growth of the loan aggregator market, as they are very comfortable with technology and related platforms. Loan aggregators allow easy loan comparison from several lenders without having multiple bank branches that will surely fit right into their hectic lives. In addition to this, their need for transparency will automatically drive them toward sources that provide clear and detailed information about interest rates, terms, and fees that may make an informed decision. Quick access to financial services is critical as the ability to get a pre-approval or loan offered covers their need for instant solutions for education, travel, or entrepreneurship. Millennials and Gen Z are more dependent on mobile applications and online tools for finance and prefer a digital-first approach. In this scenario, the loan aggregator market is expected to grow.
In December 2023, a primary study conducted by HomeCredit, a global consumer finance company that specializes in providing accessible credit solutions, particularly in emerging markets, found that, in India, 72% of home loans are taken by Millennials and Gen Z.
Technological Advancements to Fuel the Growth of the Loan Aggregator Market
Advances in technology, particularly artificial intelligence, are gaining this market remarkably. The ability of AI algorithms to process large datasets quickly will improve decision-making regarding the degree of creditworthiness assessment and predictability of loan defaults. Thus, lenders can make more aggressive and targeted product offers. Technology replaces traditional loan processes by automating document verifications, thereby allowing faster approvals and disbursement. AI-powered chatbots improve customer experience by offering users 24/7 support guidance and personalized loan recommendations. Frauds in transactions based on unusual patterns are monitored through advanced mechanisms that utilize AI, which improves security for the general user. These innovations enable loan aggregators to allow personalized loan offerings, thus increasingly aiding customers in achieving a more positive response for approval.
For instance, in September 2024, Galileo Financial Technologies, a subsidiary of SoFi Technologies, launched the Galileo Instant Verification Engine (GIVE) and Transaction Risk GScore to help fintechs, banks, and businesses combat rising fraud. As digital transactions increase and cyber threats evolve, these tools provide advanced real-time fraud detection and risk management. GIVE enables quick verification of external bank accounts and ownership, either as a standalone product or integrated with the Galileo Payment Risk Platform (PRP), enhancing fraud prevention by ensuring account legitimacy before transaction processing.
Growing Demand for Financial Services to Strengthen Market Growth
The rise in demand for financial services fuels the growth of the global loan aggregator market. It is a simple fact that with the world's growing economies, and more specifically, in emerging markets with low access to traditional banking, more loans are in demand. Loan aggregators provide an opportunity to compare loans from several lenders and provide the borrower with the most suitable terms by helping them fetch the best deals. Also, increasing demand for online lending, most particularly with the younger, tech-savvy consumer demographic, remains to fuel market demand. These trends are likely to continue to support the growth of the loan aggregator market. This service is highly in demand among the youthful generations and other high-tech customers.
For instance, in 2023, Bank of America reported a substantial rise in foreign currency orders, with customers ordering up to USD 10,000 online. This is a clear indicator that more people are availing themselves of foreign exchange services.
Website Platforms to be Used Widely Among Technologies
Website-based platforms dominate the share of the global loan aggregator market compared to CRM platforms. The website will be the main entry point for borrowers as they search, compare, and gain different loan products. The website is easy to access, so borrowers can easily access it from anywhere with internet connectivity. Navigation is easy due to user-friendly interfaces. These platforms update users about comprehensive loan products, with their interest rates, terms, and eligibility criteria, along with comparison tools for evaluation. Online marketing strategies integrated with the site, such as search engine optimization (SEO), drive visitors to the website. Online applications have chatbots and instant quotes, ensuring resultant leads are converted more often.
For instance, in September 2024, Paisabazaar, one of India's leading online marketplaces for consumer credit and free credit score platform, partnered with YES BANK, India's sixth largest private sector bank, to unveil their co-branded credit card, YES BANK Paisabazaar PaisaSave Credit Card. The PaisaSave Credit Card is designed to reward frequent shoppers by offering substantial cashback on everyday purchases, online and offline, trying to make it compulsory for value-conscious customers.
North America Dominates Loan Aggregator Market Share
Presently, North America dominates the share of the global loan aggregator market. Many established players, such as Credit Sesame and Credible Operations, Inc., are utilizing innovative technologies to maintain market access. Technological innovation level, coupled with a broad consumer base that is tech-conscious, propels the dominance of the North America market. Well-developed fintech environment of the United States promotes innovation in online lending and comparison services. The regulations in North America are strict, but the rules of the game are clear, which does not easily give way to consumer mistrust. Instead, it makes companies respect the high standards of data security and the protection of consumers. For instance, in August 2023, Financial wellness company Credit Sesame, which is located in North America, one of the first platforms to provide consumers free and ongoing access to their full credit information, launched the all-new Sesame Credit Builder, a Mastercard debit card, designed to help people build their credit. Sesame Credit Builder helps improve the credit score by building a positive payment history with everyday debit purchases from coffee to bill payments for phone, utilities, subscriptions, etc.
Future Market Scenario (2024 - 2031F)
The global loan aggregator market will continue to evolve due to advanced technologies such as AI, machine learning, and blockchain.
Loan aggregators are forming strategic partnerships with banks, financial institutions, and fintech companies to expand their offerings and reach. These collaborations enable aggregators to provide a wider range of loan products and services, catering to diverse customer needs.
Digital financial services have gained momentum in adoption rates, especially in Asia-Pacific and Africa, leading to rapid market growth.
Improving customer experience will be the agnostic focus of the players in the loan aggregator market. Features such as AI-based chatbots, ease of user interface, and seamless mobile applications help loan aggregators gain and retain clients in the market.
Key Players Landscape and Outlook
The global loan aggregator market is projected to grow on account of advancing technology, increasing demand from consumers, and enhanced access to financial services. Companies have a higher chance of succeeding in this highly competitive landscape by harnessing technology and adhering to the regulatory procedures of their operating regions. There is a growing demand among youngsters to access funds quickly and seamlessly, evolving mobile-first platforms and loan applications. Companies in the loan aggregators market are tying with banks, NBFCs, and other financial institutions to increase outreach and diversify their products. Some bigger challenges for these players include regulatory compliance, cybersecurity, market saturation, and others.
In April 2024, Rocket Mortgage, a part of Rocket Companies, unveiled Rocket Logic, the patented artificial intelligence (AI) driven technology platform designed to simplify homeownership quickly. This platform makes the mortgage process more efficient by combining insights from more than 10 petabytes of proprietary data and 50 million annual call transcripts with advanced deep learning and generative AI systems, allowing Rocket Mortgage to close loans faster.
In March 2024, LendingTree, Inc., operator of LendingTree.com, the nation's leading online financial services marketplace, announced that it has secured up to USD 175 million in financing in the form of a first lien term loan facility from funds managed by Apollo affiliates known as Apollo Funds. LendingTree intends to draw USD 125 million from the facility upon funding, while the remainder will be available as a delayed draw during the following 12 months.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.