Contact
![Contact Meredith Alda](https://cdn.statcdn.com/contactPerson/3646.jpg)
Mon - Fri, 9am - 6pm (EST)
![Contact Yolanda Mega](https://cdn.statcdn.com/contactPerson/3195.jpg)
Mon - Fri, 9am - 5pm (SGT)
![Contact Kisara Mizuno](https://cdn.statcdn.com/contactPerson/2661.jpg)
Mon - Fri, 10:00am - 6:00pm (JST)
![Contact Lodovica Biagi](https://cdn.statcdn.com/contactPerson/863.jpg)
Mon - Fri, 9:30am - 5pm (GMT)
![Contact Carolina Dulin](https://cdn.statcdn.com/contactPerson/3012.jpg)
Mon - Fri, 9am - 6pm (EST)
Key regions: United Kingdom, United States, China, Brazil, Australia
Marketplace lending (consumer) is a rapidly developing industry in Moldova, driven by various factors such as customer preferences, local special circumstances, and underlying macroeconomic factors. Customer preferences in the marketplace lending (consumer) market in Moldova have shifted towards online platforms due to their convenience and accessibility.
Moldovan consumers are increasingly turning to marketplace lending platforms for their borrowing needs, as these platforms offer quick and easy access to funds without the need for traditional banks. Additionally, the ability to compare different loan options and interest rates online has also attracted customers to marketplace lending platforms. Trends in the marketplace lending (consumer) market in Moldova are largely influenced by global and regional market trends.
The increasing digitization of financial services and the growing popularity of marketplace lending platforms worldwide have also impacted the Moldovan market. As more consumers become familiar with online lending platforms and their benefits, the demand for marketplace lending in Moldova is expected to continue growing. Local special circumstances in Moldova, such as limited access to traditional banking services in rural areas, have also contributed to the development of the marketplace lending (consumer) market.
Many Moldovan consumers, particularly those in rural areas, have limited access to banks and other financial institutions. Marketplace lending platforms provide an alternative source of financing for these individuals, allowing them to access loans and credit that would otherwise be difficult to obtain. Underlying macroeconomic factors, such as the economic growth and stability of Moldova, also play a role in the development of the marketplace lending (consumer) market.
A strong and stable economy creates an environment conducive to borrowing and lending, as consumers have the confidence and financial means to take on loans. As Moldova's economy continues to grow, the marketplace lending (consumer) market is likely to expand as well. In conclusion, the marketplace lending (consumer) market in Moldova is developing rapidly due to customer preferences for online platforms, global and regional market trends, local special circumstances, and underlying macroeconomic factors.
As the market continues to evolve, it is expected to play an increasingly important role in the financial landscape of Moldova, providing consumers with greater access to credit and financing options.
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.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)