Market Insights Financial Capital Raising Digital Capital Raising

CrowdLending (Business) - Mauritius

Mauritius

The total transaction value in the Crowdlending (Business) market market in Mauritius is forecasted to reach US$1.5m in 2024.
When compared globally, it is evident that China leads with the highest transaction value, expected to be US$15,970m in 2024.
Mauritius is witnessing a growing trend in CrowdLending for capital raising, with local businesses turning to online platforms for funding opportunities.

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

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Analyst Opinion

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

Customer preferences: Mauritian businesses are increasingly turning to CrowdLending as a source of financing due to its convenience and accessibility. This alternative financing option allows businesses to bypass traditional banks and access funds directly from individual lenders. The ease of online platforms and the ability to connect with a large pool of potential lenders make CrowdLending an attractive option for businesses in Mauritius.

Trends in the market: One of the key trends in the CrowdLending market in Mauritius is the rise of peer-to-peer lending platforms. These platforms connect borrowers directly with lenders, cutting out the middleman and reducing costs. This trend is driven by the growing demand for transparency and efficiency in the lending process. Additionally, the emergence of blockchain technology has also played a role in the development of the CrowdLending market in Mauritius. Blockchain technology provides a secure and transparent way to record and verify transactions, making it an ideal solution for the lending industry.

Local special circumstances: Mauritius has a well-developed financial services sector and a stable regulatory environment, which has created a favorable environment for the growth of the CrowdLending market. The government has also been supportive of the fintech industry, implementing policies and regulations to encourage innovation and entrepreneurship. This has attracted both local and international investors to the market, further fueling its growth.

Underlying macroeconomic factors: The growth of the CrowdLending market in Mauritius can be attributed to several underlying macroeconomic factors. Firstly, the country has a strong and stable economy, with a high GDP per capita and low inflation. This provides a solid foundation for businesses to thrive and seek financing. Additionally, the government has implemented policies to promote entrepreneurship and small business development, which has created a favorable environment for the growth of the CrowdLending market. Finally, the increasing digitalization of the economy has made it easier for businesses to access online lending platforms and connect with potential lenders. In conclusion, the CrowdLending (Business) market in Mauritius is experiencing significant growth and development. The convenience and accessibility of CrowdLending platforms, coupled with favorable local circumstances and underlying macroeconomic factors, have contributed to this growth. The rise of peer-to-peer lending platforms and the adoption of blockchain technology are key trends in the market. As the market continues to evolve, it is expected to play an increasingly important role in the financing landscape for businesses in Mauritius.

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.