Global Digital Lending Platform Market to Grow with a CAGR of 20.3%, 2019-2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Feb 4, 2020--
The “Global Digital Lending Platform Market (2019-2025)” report has been added to ResearchAndMarkets.com’s offering.
The Global Digital Lending Platform Market size is expected to reach $11.6 billion by 2025, rising at a market growth of 20.3% CAGR during the forecast period.
The development of global digital lending platform market is influenced by a shift from traditional lending to digital lending, an increase in government initiatives to digital lending, and an increase in borrowers and lenders in need of lowered lending management time. Nonetheless, security related issues are expected during the forecast period to affect the growth of the digital lending platform market. On the contrary, it is expected that continuous growth in cloud-based digital lending technologies and technological developments in digital lending platforms will be opportunistic for the global market.
Recent strategies deployed in the Digital Lending Platform Market
Partnerships, Collaborations, and Agreements:
Sep-2019: Ellie Mae collaborated with PollyEx, Inc., a provider of SaaS solutions for mortgage industry. in this collaboration, the Loan Trading Exchange of PollyEx will be integrated with Ellie Mae’s Encompass Digital Lending Platform, through Ellie Mae’s Encompass Partner Connect API technology. The integration enables the lenders in sharing data between Encompass and PollyEx’s Loan Trading Exchange, maximizing efficiency at the time of loan sale process.
Aug-2019: Ellie Mae teamed up with Visionet, a provider of technology services to US title, mortgage, and related industries. Under this collaboration, the VisiLoanReview platform of Visionet will be combined with Ellie Mae’s Encompass Digital Lending Platform, using Ellie Mae’s Encompass Partner Connect. This collaboration has been made for helping the clients in simplifying the process of data extraction, stacking, and indexing so that the clients can process the mortgage loan more efficiently and grow their business.
Jun-2019: Roostify came into partnership with HSBC Bank, in which HSBC launched a new mortgage platform. This mortgage solution offers the streamlined applications and fulfillment process for refinances and purchasing mortgages. The partnership is aimed at delivering a digital solution, which offers easier, faster, and less stressful loan transaction experience.
Acquisition and Mergers:
Sep-2019: Temenos acquired Kony, a number 1 digital banking SaaS company. the acquisition helps Temenos in strengthening its US presence and Temenos Infinity, a digital banking product.
Feb-2019: Ellie Mae launched Ellie Mae’s Encompass Digital Lending Platform. This platform helps the lenders of all sizes in originating more loans, shorten the time to close with the compliance, efficiency, & quality, and lower the origination costs. Through this platform, the company offers multi-channel opportunities for growth with innovation for helping the lenders engage with more homebuyers, boosting the loan acquisition productivity, and capitalizing on the growing HELOC demand.
Feb-2019: Fiserv introduced a new approach, Mortgage Momentum, a digital-focused approach that covers each stage of mortgage lifecycle starting from application to closing. This approach has been designed for allowing the lenders in managing the complex mortgage ecosystem from end-to-end.
Key Topics Covered:
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.3 Market Scope
1.5 Methodology for the research
Chapter 2. Market Overview
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.3 Top Winning Strategies
Chapter 4. Global Digital Lending Platform Market by Component
4.1 Global Digital Lending Platform Solutions Market by Region
4.2 Global Digital Lending Platform Solutions Market by Type
4.3 Global Digital Lending Platform Services Market by Region
Chapter 5. Global Digital Lending Platform Market by Deployment Mode
5.1 Global On-premise Digital Lending Platform Market by Region
5.2 Global Cloud Digital Lending Platform Market by Region
Chapter 6. Global Digital Lending Platform Market by End User
6.1 Global Banks Digital Lending Platform Market by Region
6.2 Global Insurance Companies Digital Lending Platform Market by Region
6.3 Global Peer-to-Peer Lending Digital Lending Platform Market by Region
6.4 Global Credit Unions Digital Lending Platform Market by Region
6.5 Global Savings & Loan Associations Digital Lending Platform Market by Region
6.6 Global Others Digital Lending Platform Market by Region
Chapter 7. Global Digital Lending Platform Market by Region
7.1 North America Digital Lending Platform Market
7.2 Europe Digital Lending Platform Market
7.3 Asia Pacific Digital Lending Platform Market
7.4 LAMEA Digital Lending Platform Market
Chapter 8. Company Profiles
8.1 Ellie Mae, Inc. (Thoma Bravo LLC)
8.2 Fidelity Information Services (FIS), Inc.
8.3 Fiserv, Inc.
8.4 Newgen Software Technologies Limited
8.5 Pegasystems, Inc.
8.6 Roostify, Inc.
8.7 Sigma Infosolutions Ltd.
8.8 Tavant Technologies, Inc.
8.9 Wizni, Inc.
8.10 Temenos AG
8.11 Abrigo, Inc. (Sageworks, Inc.)
For more information about this report visit https://www.researchandmarkets.com/r/eame22
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PUB: 02/04/2020 04:55 AM/DISC: 02/04/2020 04:55 AM