Monday, January 16, 2017

FI Digital Lending Revenue Will Reach $30 Billion by 2025

Financial institutions will earn $30 Billion by 2025 in digital lending.

This number comes from consolidating a number of studies, including Goldman Sachs and the just released EY study on the rapidly growing market.  Just as NSF revenues tripled from $12 Billion to $34 Billion in ten years from 1995 to 2005, and interchange tripled from $6 Billion to $18 Billion, digital lending revenue will be the next major revenue growth opportunity for financial institutions in the coming years.


But just as important as revenue growth will be efficiency savings for FIs.  Digital loans can be delivered for under $200 annually, where current lending processes cost $1,000 to $2,000 per loan.  Join us for our webinar on February 21 to see how you can drive new revenues and efficiency with digital lending under your underwriting, your brand and your control in less than three minutes.


1 comment:

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