𝐄𝐯𝐞𝐫𝐲𝐭𝐡𝐢𝐧𝐠 𝐓𝐨 𝐊𝐧𝐨𝐰 𝐀𝐛𝐨𝐮𝐭 Internet Financing Industry 2021

 Internet financing can help small businesses and startups that do not have access to bank lending and traditional financing resources in a good way.

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One country's traditional finance sector which includes banks, security firms, asset management companies, insurance and trust companies, has started to embrace this new trend by shifting towards internet and launching their own digital platforms in the face of challenge

Internet finance is a new type of financial business model in which traditional financial institutions and internet companies conduct financing, payment, investment, and information intermediary services by the internet and information & communication technology. The main business models of internet finance include internet payment, online lending, equity crowdfunding, internet fund sales, internet insurance, internet trust, and internet consumer finance. This paper elaborates on the lending services by internet technologies, with the internet-based lending services conducted on the part of emerging financial institutions or finance-related institutions as a research focus.

This study was conducted with a global perspective in terms of the various segments in the Internet Financing market. Market sizing and forecast have been conducted for 5 geographic regions: North America, Latin America, Europe, Middle East and Africa (MEA), and Asia-Pacific. All market sizing data is provided in US$ with historic data for the years 2018 and 2019, along with estimations and forecast for the period from 2020 to 2025.

The ongoing COVID-19 pandemic has had a significant impact on the overall international trade and businesses. This report provides the latest insights into the Internet Financing market factoring in various effects of the industry disruptions and halts caused by COVID-19.