Market Insights Financial Capital Raising Digital Capital Raising

CrowdLending (Business) - Russia

Russia

The total transaction value in the Crowdlending (Business) market market in Russia is estimated to hit US$0.0 by 2024.
When looking at a global scale, it is evident that China leads with a transaction value of US$15,970m in 2024.
In Russia, CrowdLending in the Capital Raising market is gaining popularity due to increased investor interest in alternative financing options.

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

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Analyst Opinion

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

Customer preferences: Russian businesses are increasingly turning to crowd lending as a source of financing due to its convenience and accessibility. Crowd lending platforms provide businesses with an alternative to traditional banks, allowing them to access funding quickly and without the need for extensive paperwork or collateral. This is particularly appealing to small and medium-sized enterprises (SMEs) that may struggle to secure loans from traditional financial institutions.

Trends in the market: One of the key trends in the Russian crowd lending market is the emergence of specialized platforms catering specifically to businesses. These platforms focus on connecting businesses with investors who are interested in supporting entrepreneurial ventures. This specialization allows for more tailored financial solutions and better matching of businesses with potential lenders. Another trend in the market is the increasing use of technology to streamline the crowd lending process. Online platforms make it easy for businesses to create funding campaigns and connect with potential lenders. This digitalization of the crowd lending process has made it more efficient and accessible, attracting a wider range of businesses and investors to participate in the market.

Local special circumstances: The Russian crowd lending market is unique in that it has been heavily influenced by government initiatives to support SMEs. The Russian government has implemented various policies and programs to encourage the growth of small businesses, including providing financial support and creating a favorable regulatory environment for crowd lending. This has helped to boost the popularity and acceptance of crowd lending as a viable financing option for businesses in the country.

Underlying macroeconomic factors: The development of the crowd lending market in Russia can be attributed to several underlying macroeconomic factors. The country has experienced economic growth in recent years, which has created a favorable environment for businesses to seek financing. Additionally, the low interest rate environment in Russia has made crowd lending an attractive option for businesses looking for affordable financing. The stability of the Russian financial system and the availability of reliable payment infrastructure have also contributed to the growth of the crowd lending market. In conclusion, the CrowdLending (Business) market in Russia is experiencing significant growth due to the convenience and accessibility it offers to businesses, as well as the government's support for SMEs. The emergence of specialized platforms and the use of technology have further fueled this growth. The underlying macroeconomic factors, such as economic growth, low interest rates, and a stable financial system, have also played a role in the development 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.