Market Insights Financial Capital Raising Digital Capital Raising

CrowdLending (Business) - Angola

Angola

in Angola, a country Africa, is expected to see the total transaction value in the Crowdlending (Business) market market reach US$0.0 by 2024.
When looking at a global scale, it is evident that China leads the way with a projected transaction value of US$15,970m in 2024.
In Angola, the CrowdLending market for capital raising is gaining traction among local businesses seeking alternative funding sources.

Key regions: China, United Kingdom, Brazil, Israel, India

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Analyst Opinion

CrowdLending (Business) market in Angola has been experiencing significant growth in recent years.

Customer preferences: Angolan businesses are increasingly turning to CrowdLending platforms as a source of financing. This trend can be attributed to several factors. Firstly, traditional banking institutions in Angola have been historically reluctant to provide loans to small and medium-sized enterprises (SMEs), which make up a significant portion of the country's business landscape. CrowdLending platforms offer an alternative solution for these businesses to access the funding they need to grow and expand. Additionally, the ease and convenience of online lending platforms have made them an attractive option for entrepreneurs in Angola. The ability to apply for loans and receive funding quickly and efficiently has been a key driver behind the increasing popularity of CrowdLending in the country.

Trends in the market: One of the notable trends in the CrowdLending market in Angola is the emergence of sector-specific lending platforms. These platforms cater to the unique financing needs of specific industries, such as agriculture, technology, and renewable energy. By focusing on specific sectors, these platforms are able to provide tailored financial solutions and attract businesses that require specialized funding. This trend reflects the growing maturity and diversification of the CrowdLending market in Angola, as businesses seek out platforms that understand their specific needs and can provide targeted support.

Local special circumstances: Angola's economy has been heavily reliant on oil exports, which have been volatile in recent years. This has led to a need for diversification and the development of other sectors. CrowdLending has emerged as a viable solution for businesses looking to access capital outside of the traditional banking sector. The government has also recognized the potential of CrowdLending as a driver of economic growth and has introduced regulatory frameworks to support the industry's development. These efforts have created a favorable environment for CrowdLending platforms to operate and have contributed to the market's growth.

Underlying macroeconomic factors: Angola has experienced economic challenges in recent years, including high inflation and a decline in foreign exchange reserves. These factors have made it difficult for businesses to secure traditional bank loans, leading to an increased demand for alternative financing options. CrowdLending platforms have filled this gap by providing accessible and flexible financing solutions for businesses. Additionally, the country's young and growing population, coupled with increasing internet penetration, has created a conducive environment for the growth of online lending platforms. As more businesses and individuals gain access to the internet, the potential customer base for CrowdLending platforms continues to expand. In conclusion, the CrowdLending (Business) market in Angola is experiencing significant growth due to customer preferences for alternative financing options, the emergence of sector-specific lending platforms, local special circumstances, and underlying macroeconomic factors. As the market continues to mature and evolve, it is likely that CrowdLending will play an increasingly important role in supporting the growth and development of businesses in Angola.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on transaction values / revenues / assets under management and user data of relevant services and products offered within the FinTech market.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players, industry reports, third-party reports, publicly available databases, and survey results from primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, population, internet penetration, smartphone penetration, credit card penetration, and online banking penetration. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.