Published by maria gbaf
Posted on November 17, 2021
4 min readLast updated: January 28, 2026
The digital lending platform market is set to grow at a 13% CAGR by 2026, driven by BFSI adoption and digital automation trends.
As per the latest report by IMARC Group, titled ”Digital Lending Platform Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global digital lending platform market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 13% during 2021-2026. A digital lending platform (DLP) is a loan agreement application that allows easy access to financial services and products. This platform primarily relies on mobile applications and web programs for debt management. DLP offers numerous benefits, such as enhanced efficiency, swift decision making, superior loan distribution, a simple application process, etc. At present times, various organizations are launching next-generation devices and end-to-end cloud-based loan granting platforms. Advanced payment patterns are leading financial institutions to adopt DLP to deliver quick services, improve revenue, and enhance productivity.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Digital Lending Platform Market Trends:
The growing adoption of DLP in the banking, financial services, and insurance (BFSI) industry and the increasing demand for online banking services are driving the digital lending platform market. Moreover, due to the outbreak of COVID-19 pandemic, digital channels are being increasingly adopted by financial institutions to lend loans and resolve numerous challenges. Additionally, there is an escalating emphasis on digital automation and a rise in the utilization of various technologies, such as machine learning, data analytics, blockchain, artificial intelligence, etc., to avoid frauds. Besides this, DLP offers e-signing, easy accessibility, and minimum paperwork, which is catering to the growing internet penetration and elevating dependence on smartphones. This, in turn, is projected to catalyze the global market for digital lending platform in the coming years.
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/digital-lending-platform-market
Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Breakup by Type:
Breakup by Component:
Breakup by Deployment Model:
Breakup by Industry Vertical:
Breakup by Region:
Key highlights of the Report:
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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The article discusses the growth and trends of the digital lending platform market from 2021 to 2026.
They offer enhanced efficiency, swift decision-making, and superior loan distribution.
The pandemic has increased the adoption of digital lending solutions by financial institutions.
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