Download our report and learn more about the payday startups market.
The economic situation of the UK remains difficult. While the rate of unemployment is one of the lowest in Europe, many people still receive low wages and real wages are lower than a decade ago. Changing the structure of work and employment arrangement led to people having non-stable incomes while having to deal steadily growing costs of living. What’s more, according to Statista, almost 74% of people in the UK are worried about unexpected expenses on a daily basis.
Key takeaways from the report:
Our report includes analyses of third-party research and our own research based on comparison of market leaders, trends and offers, as well as demographic and behavior analysis. Additionally, we conducted an overview of government loan reports from the UK.
We believe this report will bring valuable insights to fintech companies, help them look into the payday loan industry and discover new directions to develop payday startups, which will translate into a better understanding of the users’ needs and increase their income.