Matt Turner, Business Insider, Digital lenders have a $1 trillion opportunity – this slide deck has everything you need to know about them, here.
Autonomous Research, a financial specialist research house, has been taking a closer look at the industry. According to their research, Wall Street isn’t really that worried about the potential for an ‘Uber moment.’
The firm this week published a slide-deck on the potential market for digital lending, which they’ve kindly allowed Business Insider to rerun.
They estimate that there is a $2 trillion opportunity for digital lenders, and that digital lenders could reach $100 billion in loan origination volumes by 2020.
But they also believe digital lenders are more like banks than many think, and that there will likely be consolidation before long.
Here is the presentation in full: