In 2021, the digital lending sector of the fintech market in India acquired funding deals worth 1.2 billion U.S. dollars. This was an increase as compared to the previous year when the funding value was 0.7 billion U.S. dollars. Digital lending facilitates lending through web platforms, and mobile applications, and utilizes technology for authentication. E-marketplaces offer lending products at the time of purchase.
Total value of funding deals for digital lending sector in India from 2017 to 2021 (in billion U.S. dollars)
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Statistics on Digital lending in India
Fintech overview
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Credit market
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- Premium Statistic Annual growth of loans in India FY 2019-2022, by financial institution
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- Premium Statistic Share of payment systems India FY 2022
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Digital lending
4
- Premium Statistic Digital lending value in India 2012-2023
- Premium Statistic Total value of funding deals for digital lending sector in India 2017-2021
- Premium Statistic Share of total number of digitally disbursed SCB loans in India FY 2017-2021
- Premium Statistic Number of P2P-NBFCs India 2022, by city
Buy Now Pay Later
5
- Premium Statistic Buy now, pay later (BNPL) share in e-commerce in 41 countries worldwide 2016-2021
- Premium Statistic Number of BNPL users in retail in India in 2021 and 2026
- Premium Statistic Share of consumers using BNPL India 2022, by purchase category and age
- Premium Statistic Preferred channel for BNPL services India 2022
- Premium Statistic Main sources of knowledge for Buy Now Pay Later (BNPL) services India 2022, by age
Key players
6
- Premium Statistic Leading lending start-ups in India 2022, by select company
- Premium Statistic Revenue of Lendingkart in India FY 2019-2022
- Premium Statistic Revenue of MobiKwik FY 2017-2022
- Premium Statistic Revenue of InCred in India FY 2018-2022
- Premium Statistic Pine lab's operating revenue FY 2018-2021
- Premium Statistic PB Fintech's net profit FY 2018 to FY 2022
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- Revenue of LendingTree by segment 2021
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- Lending services market size in Japan FY 2018-2024
- Loans and advances to customers by Atom Bank Group UK 2017-2021
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Chiratae Ventures, & EY. (August 25, 2022). Total value of funding deals for digital lending sector in India from 2017 to 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 27, 2023, from https://www.statista.com/statistics/1329230/india-funding-value-of-digital-lending/
Chiratae Ventures, und EY. "Total value of funding deals for digital lending sector in India from 2017 to 2021 (in billion U.S. dollars)." Chart. August 25, 2022. Statista. Accessed January 27, 2023. https://www.statista.com/statistics/1329230/india-funding-value-of-digital-lending/
Chiratae Ventures, EY. (2022). Total value of funding deals for digital lending sector in India from 2017 to 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 27, 2023. https://www.statista.com/statistics/1329230/india-funding-value-of-digital-lending/
Chiratae Ventures, and EY. "Total Value of Funding Deals for Digital Lending Sector in India from 2017 to 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 25 Aug 2022, https://www.statista.com/statistics/1329230/india-funding-value-of-digital-lending/
Chiratae Ventures & EY, Total value of funding deals for digital lending sector in India from 2017 to 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1329230/india-funding-value-of-digital-lending/ (last visited January 27, 2023)
Total value of funding deals for digital lending sector in India from 2017 to 2021 (in billion U.S. dollars) [Graph], Chiratae Ventures, & EY, August 25, 2022. [Online]. Available: https://www.statista.com/statistics/1329230/india-funding-value-of-digital-lending/