Covid Recovery and Promotion of EVs Fueling Demand for Auto Finance in Qatar: Ken Research 1. Banks dominate the Qatar Auto Finance market owing to lower interest rate and flexible repayment tenors The Qatar Auto Finance Market is consolidated with Banks having major share in the market. Banks are providing 100% and 80% finance for electric and hybrid car/vehicles to Qatari customers and expats to reward them for making an… Read More »
Rising Auto Finance Aggregators, Flexible Models of Financing with Growing Digital Advancement and Government Initiatives had driven Philippines Auto Finance Market: Ken Research Buy Now Rising Innovation: Innovative digital startups such as iChoose.ph are reshaping the challenging car shopping and financing process into a quick and easy experience for customers in Philippines. It is expected that these will create an auto finance ecosystem in which digital aggregators increasingly control the sales and financing process. Car dealerships are expected to increasingly bring… Read More »
KSA Buy Now Pay Later Market Outlook to 2027: Ken Research How BNPL Market is positioned in KSA? The report titled “KSA Buy Now Pay Later Market Outlook to 2027- Driven by digitalization, government support as a part of Saudi vision 2030 increasing Genz & millennials population due to influx of expatriates coupled with shifting preference towards easy interest free extra credit line sources” by Ken Research provides… Read More »
Debt collection platforms integrated with latest technologies like configurable dashboards, automated report generated & artificial intelligence for regulatory compliance is transforming the debt recovery process in the Kingdom of Saudi Arabia: Ken Research Buy Now Key Findings Increase in use of customer self-service (CSS) platforms offers tangible benefits, such as, lenders and collectors can get a single view of each consumer and their payment status, including automated follow-up actions and recommendations to streamline the collection process. As accounts are processed, they automatically move to the next activity based… Read More »
South Africa Buy Now Pay Later Business and Market Outlook to 2027: Ken Research How Buy Now Pay Later BNPL Industry Is Positioned In South Africa? South Africa BNPL (Buy Now Pay Later) market has displayed a significant growth since 2019 growing at double digit CAGR ~%. The market is gaining pace with positive response from customers as well as retailers. The market is moderately concentrated with 5-6 major… Read More »
The Covid-19 pandemic is a catalyst in exhilarating and paving way for newer companies to enter the BNPL space in the country coupled with external investments made in the industry: Ken Research No Interest Credit Payments: One of the major reason as to why BNPL is a robust mechanism inside South Africa is due to the fact that customers are allowed to pay the money in three equal instalments with no interest fee. Although, there is a carry forward fee in case the shopper misses the payment… Read More »
Saudi Arabia’s huge surge in recent times with respect to digital transactions, serving as one of the major factors leading to rise of digital credit lending such as that of BNPL in the country: Ken Research Increasing number of BNPL Players and its customer base: In just one year, the Middle East region has witnessed an upsurge in the number of companies offering BNPL solutions. With so much action happening on the BNPL ground, its user base is making equally big strides. A major chunk of Saudi Arabian consumers has used… Read More »
Indian Neo Banking Market Growth Is Propelled By Growing Internet Penetration: Ken Research According to the report analysis, ‘Indian Neo Banking Industry Outlook to 2027: Driven by adoption of contactless payments, shifting consumer preferences towards Fin-Tech, rising market players and digitalization’ states that Indian Neo Banking market prolonged with the substantial growth in between 2017 and 2022 with enormous expansion in the acceptance of Neo Banking as the… Read More »
Indian Neo Banking Market, Industry Growth and Analysis, Outlook to 2027 : Ken Research Overview Neobanking is a novel banking technology that delivers the complete online banking solutions to its customers. These banks differ from traditional banks, as they have no physical offices and branches. Neobanking enables everything from opening an account to other services, without the requirement to go to a bank. Report analysis and competitive landscape According… Read More »
Rapid Urbanization, Adoption of Cashless Society, and Emergence of Fintech will drive the growth of India Neo banking Industry at a CAGR of 9% during 2022-27: Ken Research Due to increasing digital penetration and urbanization, Neo banks will be preferred over Traditional Banks in the next five years. Traditional Banks will face a threat to the Neo banking industry in the future due to the growing adoption of digital and cashless systems. Rapid Urbanization: Increasing income of people along with growing standards of… Read More »
