A study of the global online lending and crowdfunding market by Juniper Research suggests a doubling of revenues in the coming three years.
The global market for p2p/marketplace lending and crowdfunding platforms is set to reach $10.5bn by 2020, doubling the current forecasted 2016 revenues, according to a new report by Juniper Research.
With just a month to go, 2016 looks set to be remembered as a tumultuous one for p2p and marketplace lending as the industry’s rapid growth hit several hurdles. Nonetheless, volumes have continued their upward trend and new platforms have continued to launch.
Read full article here.