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Digital Lending Platforms in Saudi Arabia

Publisher GlobalData
Published Mar 27, 2025
Length 38 Pages
SKU # GBDT20028512

Description

Digital Lending Platforms in Saudi Arabia

Summary

Digital Lending Platforms in Saudi Arabia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Digital lending refers to the use of technology and online platforms to offer financial products and services, particularly loans, in a fully digital format. This involves automating the process of loan application, approval, disbursement, and repayment through digital channels. Digital lending typically eliminates the need for physical paperwork and in-person visits to banks or lending institutions, providing faster, more convenient access to credit.
  • The Saudi Arabian digital lending platforms market recorded revenues of $1.1 billion in 2024, representing a compound annual growth rate (CAGR) of 13.7% between 2019 and 2024.
  • The banks segment accounted for the market's largest proportion in 2024, with total revenues of $0.4 billion, equivalent to 37.5% of the market's overall value.
  • The Saudi Arabian digital lending platform market held a 20.0% share of the total Middle East & African market in 2024
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the digital lending platforms market in Saudi Arabia
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the digital lending platforms market in Saudi Arabia
  • Leading company profiles reveal details of key digital lending platforms market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Saudi Arabia digital lending platforms market with five year forecasts
Reasons to Buy
  • What was the size of the Saudi Arabia digital lending platforms market by value in 2024?
  • What will be the size of the Saudi Arabia digital lending platforms market in 2029?
  • What factors are affecting the strength of competition in the Saudi Arabia digital lending platforms market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Saudi Arabia's digital lending platforms market?

Table of Contents

38 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strategies of the leading players?
7.3. What are the strengths of the leading players?
7.4. Has there been any new development in the market?
8 Company Profiles
8.1. Raqamyah Platform
8.2. Lean Technologies Ltd
8.3. Finastra Group Holdings Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related GlobalData research
10.4. About GlobalData
List of Tables
Table 1: Saudi Arabia digital lending platforms market value: $ million, 2019–24
Table 2: Saudi Arabia digital lending platforms market category segmentation: % share, by value, 2019–24
Table 3: Saudi Arabia digital lending platforms market category segmentation: $ million, 2019-24
Table 4: Saudi Arabia digital lending platforms market geography segmentation: $ million, 2024
Table 5: Saudi Arabia digital lending platforms market value forecast: $ million, 2024–29
Table 6: Raqamyah Platform: Key Facts
Table 7: Lean Technologies Ltd: Key Facts
Table 8: Finastra Group Holdings Ltd: Key Facts
Table 9: Finastra Group Holdings Ltd: key employees
Table 10: Saudi Arabia Size of Population (Million), 2020–24
Table 11: Saudi Arabia Real GDP (Constant 2010 Prices, $ Billion), 2020–24
Table 12: Saudi Arabia GDP (Current Prices, $ Billion), 2020–24
Table 13: Saudi Arabia Inflation, 2020–24
Table 14: Saudi Arabia Consumer Price Index (Absolute), 2020–24
Table 15: Saudi Arabia Exchange Rate, 2019–24
List of Figures
Figure 1: Saudi Arabia digital lending platforms market value: $ million, 2019–24
Figure 2: Saudi Arabia digital lending platforms market category segmentation: $ million, 2019-24
Figure 3: Saudi Arabia digital lending platforms market geography segmentation: % share, by value, 2024
Figure 4: Saudi Arabia digital lending platforms market value forecast: $ million, 2024–29
Figure 5: Forces driving competition in the digital lending platforms market in Saudi Arabia, 2024
Figure 6: Drivers of buyer power in the digital lending platforms market in Saudi Arabia, 2024
Figure 7: Drivers of supplier power in the digital lending platforms market in Saudi Arabia, 2024
Figure 8: Factors influencing the likelihood of new entrants in the digital lending platforms market in Saudi Arabia, 2024
Figure 9: Factors influencing the threat of substitutes in the digital lending platforms market in Saudi Arabia, 2024
Figure 10: Drivers of degree of rivalry in the digital lending platforms market in Saudi Arabia, 2024

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