Market Insights Financial Capital Raising Digital Capital Raising

CrowdLending (Business) - Bahrain

Bahrain

The Crowdlending (Business) market market in Bahrain is expected to see a total transaction value of US$7.3m by 2024.
When compared globally, China leads with a projected transaction value of US$15,970m in the same year.
In Bahrain, the CrowdLending market for Capital Raising is gaining traction among tech startups seeking alternative funding sources.

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

Market

Region

Region comparison

Currency

Analyst Opinion

The CrowdLending (Business) market in Bahrain is experiencing significant growth and development.

Customer preferences: In Bahrain, businesses are increasingly turning to CrowdLending as a source of funding. This is driven by several factors including the ease and convenience of accessing funds through online platforms, the ability to reach a larger pool of potential lenders, and the potential for lower interest rates compared to traditional lending options. Additionally, businesses in Bahrain are attracted to the transparency and flexibility offered by CrowdLending platforms, which allow for greater control over the terms and conditions of the loan.

Trends in the market: One of the key trends in the CrowdLending (Business) market in Bahrain is the increasing number of platforms and lenders entering the market. This is creating a more competitive landscape and providing businesses with a wider range of options when it comes to choosing a lending platform. As a result, businesses are able to secure more favorable loan terms and conditions, as lenders compete for their business. Another trend in the market is the growing popularity of Sharia-compliant CrowdLending platforms. Bahrain is a predominantly Muslim country, and there is a strong demand for financial products and services that comply with Islamic principles. Sharia-compliant CrowdLending platforms cater to this demand by offering loans that adhere to Islamic financing principles, such as the prohibition of interest.

Local special circumstances: Bahrain has a well-developed financial services sector, which has played a key role in the growth of the CrowdLending (Business) market. The country is home to a number of financial institutions and regulatory bodies that support the development of innovative financial technologies, including CrowdLending platforms. This supportive regulatory environment has attracted both domestic and international players to the market, driving its growth.

Underlying macroeconomic factors: The growth of the CrowdLending (Business) market in Bahrain is also influenced by underlying macroeconomic factors. The country has a strong and stable economy, with a well-diversified business sector. This provides businesses with a solid foundation to seek funding through CrowdLending platforms. Additionally, Bahrain has a high level of internet penetration and a tech-savvy population, which further supports the growth of online lending platforms. In conclusion, the CrowdLending (Business) market in Bahrain is experiencing significant growth and development. This is driven by customer preferences for the convenience, transparency, and flexibility offered by CrowdLending platforms. The market is also influenced by trends such as the increasing number of platforms and lenders entering the market, as well as the growing popularity of Sharia-compliant lending. The supportive regulatory environment and strong macroeconomic factors in Bahrain further contribute to the growth of the market.

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.