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.
Free Valuable Insights: The Global Micro Lending Market will Hit $65.4 Billion by 2028, at a CAGR of 12.8%
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)
By End User
- Micro, Small & Medium Enterprises
- Solo Entrepreneurs & Individuals
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- 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.
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
TABLE 1 Europe Micro Lending Market, 2018 - 2021, USD Million
TABLE 2 Europe Micro Lending Market, 2022 - 2028, USD Million
TABLE 3 Europe Micro Lending Market by Service Provider, 2018 - 2021, USD Million
TABLE 4 Europe Micro Lending Market by Service Provider, 2022 - 2028, USD Million
TABLE 5 Europe Banks Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Banks Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Micro Finance Institutes (MFIs) Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Micro Finance Institutes (MFIs) Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Micro Lending Market by End-user, 2018 - 2021, USD Million
TABLE 10 Europe Micro Lending Market by End-user, 2022 - 2028, USD Million
TABLE 11 Europe Micro, Small & Medium Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Micro, Small & Medium Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Solo Entrepreneurs & Individuals Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Solo Entrepreneurs & Individuals Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Micro Lending Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Micro Lending Market by Country, 2022 - 2028, USD Million
TABLE 17 Germany Micro Lending Market, 2018 - 2021, USD Million
TABLE 18 Germany Micro Lending Market, 2022 - 2028, USD Million
TABLE 19 Germany Micro Lending Market by Service Provider, 2018 - 2021, USD Million
TABLE 20 Germany Micro Lending Market by Service Provider, 2022 - 2028, USD Million
TABLE 21 Germany Micro Lending Market by End-user, 2018 - 2021, USD Million
TABLE 22 Germany Micro Lending Market by End-user, 2022 - 2028, USD Million
TABLE 23 UK Micro Lending Market, 2018 - 2021, USD Million
TABLE 24 UK Micro Lending Market, 2022 - 2028, USD Million
TABLE 25 UK Micro Lending Market by Service Provider, 2018 - 2021, USD Million
TABLE 26 UK Micro Lending Market by Service Provider, 2022 - 2028, USD Million
TABLE 27 UK Micro Lending Market by End-user, 2018 - 2021, USD Million
TABLE 28 UK Micro Lending Market by End-user, 2022 - 2028, USD Million
TABLE 29 France Micro Lending Market, 2018 - 2021, USD Million
TABLE 30 France Micro Lending Market, 2022 - 2028, USD Million
TABLE 31 France Micro Lending Market by Service Provider, 2018 - 2021, USD Million
TABLE 32 France Micro Lending Market by Service Provider, 2022 - 2028, USD Million
TABLE 33 France Micro Lending Market by End-user, 2018 - 2021, USD Million
TABLE 34 France Micro Lending Market by End-user, 2022 - 2028, USD Million
TABLE 35 Russia Micro Lending Market, 2018 - 2021, USD Million
TABLE 36 Russia Micro Lending Market, 2022 - 2028, USD Million
TABLE 37 Russia Micro Lending Market by Service Provider, 2018 - 2021, USD Million
TABLE 38 Russia Micro Lending Market by Service Provider, 2022 - 2028, USD Million
TABLE 39 Russia Micro Lending Market by End-user, 2018 - 2021, USD Million
TABLE 40 Russia Micro Lending Market by End-user, 2022 - 2028, USD Million
TABLE 41 Spain Micro Lending Market, 2018 - 2021, USD Million
TABLE 42 Spain Micro Lending Market, 2022 - 2028, USD Million
TABLE 43 Spain Micro Lending Market by Service Provider, 2018 - 2021, USD Million
TABLE 44 Spain Micro Lending Market by Service Provider, 2022 - 2028, USD Million
TABLE 45 Spain Micro Lending Market by End-user, 2018 - 2021, USD Million
TABLE 46 Spain Micro Lending Market by End-user, 2022 - 2028, USD Million
TABLE 47 Italy Micro Lending Market, 2018 - 2021, USD Million
TABLE 48 Italy Micro Lending Market, 2022 - 2028, USD Million
TABLE 49 Italy Micro Lending Market by Service Provider, 2018 - 2021, USD Million
TABLE 50 Italy Micro Lending Market by Service Provider, 2022 - 2028, USD Million
TABLE 51 Italy Micro Lending Market by End-user, 2018 - 2021, USD Million
TABLE 52 Italy Micro Lending Market by End-user, 2022 - 2028, USD Million
TABLE 53 Rest of Europe Micro Lending Market, 2018 - 2021, USD Million
TABLE 54 Rest of Europe Micro Lending Market, 2022 - 2028, USD Million
TABLE 55 Rest of Europe Micro Lending Market by Service Provider, 2018 - 2021, USD Million
TABLE 56 Rest of Europe Micro Lending Market by Service Provider, 2022 - 2028, USD Million
TABLE 57 Rest of Europe Micro Lending Market by End-user, 2018 - 2021, USD Million
TABLE 58 Rest of Europe Micro Lending Market by End-user, 2022 - 2028, USD Million
TABLE 59 Key Information – Funding Circle Limited
TABLE 60 Key Information – On Deck Capital, Inc.
TABLE 61 Key Information – American Express Kabbage Inc.
TABLE 62 Key Information – LendingClub Bank
TABLE 63 Key Information – Zopa Bank Limited
TABLE 64 Key Information – Biz2Credit, Inc.
TABLE 65 Key Information – Lendio, Inc.
TABLE 66 Key Information – Bluevine Capital, Inc.
TABLE 67 Key Information – Fundera, Inc.
TABLE 68 Key Information – StreetShares, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Biz2Credit, Inc.
FIG 3 Recent strategies and developments: Lendio