Revving Up Indonesia’s P2P Lending Market: 3 Catalyst Driving the Indonesia’s P2P Lending Market: Ken Research Indonesia has witnessed a rapid increase in internet and smartphone usage, leading to greater accessibility and creating a conducive environment for P2P lending platforms to reach a large customer base. Introduction The peer-to-peer (P2P) lending market in Indonesia has experienced significant growth in recent years, driven by various factors. P2P lending platforms, also known as… Read More »
Mexico Car Finance Trends, Market, Revenue, Outlook 2027F: Ken Research What is the Size of Mexico Car Finance INDUSTRY? Mexico Car Finance Market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2027F. The Car Finance Market is largely driven by growing middle-class population, rising vehicle sales, urbanization, accessible financing options, and partnerships with automakers. The growing… Read More »
The Global Remittance Market is poised to reach $ 1200 Bn owing to rise in mobile-based payment channels and cross-border transactions. : Ken Research Global Remittance Market Ecosystem Global Remittance Market is concentrated among the top 10 players. Prominent players are pursuing various strategies, such as research & development initiatives, product innovations, joint ventures & strategic partnerships, expansion, and mergers & acquisitions to gain a competitive edge in the market. Market players are focusing on leveraging the capabilities of… Read More »
Urban Boom in the Philippines Fuels Home Finance Market as Over 55% of Population Embraces City Life in 2022. Will Philippines continue to support Home Finance Market in future? : Ken Research 1. Rapid Urbanization creating a demand for housing and a drive the need for home finance options. For more information, request a free sample Report With a rising population and increased movement from rural to urban regions, the Philippines is rapidly urbanising. Housing demand and the necessity for home financing solutions are both fuelled by… Read More »
Future Outlook of Global Auto Finance Market: Ken Research What Is The Size Of Global Auto Finance Industry? Global Auto Finance Market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028. The Auto Finance Market is largely driven by increasing vehicle sales, easy loan availability, technological advancements, rising disposable income, the shift towards electric vehicles, leasing… Read More »
Auto Finance Market Is Expected To Grow At A CAGR Of 11.4% By 2027. Will The Philippines Auto Finance Market Stand On This Expected Figure? : Ken Research 1. 60% of the mobile and internet users had an online financial transaction in the past and accounts with NGOs and cooperatives were primarily transacted over-the-counter (OTC). For more information, request a free sample Report Increased use of online banking/mobile apps reflects a progressive shift towards digital payments. These online payment channels helped in weathering… Read More »
In 2022, the number of vehicles funded rose to ~1,600 Th units. Will future growth of this number be supported by the Philippines Auto Loan Market? Ken Research 1. The rising consumption, availability of auto loans and initiatives by automakers restored the market after Covid-19 pandemic. For more information, request a free sample Report The vehicle registration data reflect the overview of number of vehicles present in the market. Gradual increase in car parc size in industry can be attributed to the restoration… Read More »
Banking on Dreams: More than 28,000 Number of Residential Real Estate Loans Fuelling New Housing Units in the Philippines in 2022. Will Philippines continue this growth trajectory : Ken Research 1. Philippines’ Real Estate Market Soars: Property Prices Reach New Heights For more information, request a free sample Report Property values in the Philippines are rising remarkably, with a sizable increase observed throughout the real estate sector. Property prices have reached unheard-of heights as demand for homes and investment options rises steadily, showing a robust… Read More »
Indonesia’s P2P lending market is witnessing rapid growth as Start-ups secure significant funding: Ken Research P2P lending in Indonesia sees remarkable growth as Start-ups secure substantial funding, driving sector expansion and offering innovative solutions for borrowers and investors. Storyline: KoinWorks secures $12 million in a Series B investment round led by EV Growth and Quona Capital. The Indonesian P2P lending platform uses machine learning to provide low-interest loans to small… Read More »
“Government’s lack of oversight spurs Fin-tech Startups and revives Indonesia’s P2P lending market!: Ken Research Stricter oversight reforms Indonesian P2P lending for protection. Flourishing Fintech market in Indonesia creates business opportunities, emerging as Southeast Asia’s Fintech powerhouse with 785 businesses. Introduction The oversight gap in the P2P lending industry has sparked a wave of stricter government actions in Indonesia. However, this shift has inadvertently paved the way for a surge… Read More »
