Only 13 per cent of all European peer-to-peer lending platforms issue loans outside of Europe, research from Robocash has revealed.
These 13 per cent of platforms mainly focus on the consumer lending segment and finance loans in countries in Asia, Africa and America.
The review of 101 European P2P platforms found that they offer loans in 45 countries.
The majority (87 per cent) of the platforms analysed operate exclusively in European countries, focussing on areas they are familiar with.
“There are 16 countries, including Singapore, Zambia, Columbia, Australia, and China, where only one platform is present,” Robocash said.
“Most often, such a proposal is made by financial holdings that have formed a stable business model for working with any country in the world where there is a sufficient demand for their product.
“In general, it is quite possible that in the foreseeable future the European segment of P2P lending will take the lead in the global expansion and financing emerging markets.”
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In April, Robocash funded €8.8m (£7.6m) in loans, attracting 903 investors, a record number of new registrations in a month for the platform.