Europe Digital Remittance Market By Type (Outward and Inward) By End Use (Personal, Small Businesses, Migrant Labor Workforce and Others) By Channel (Money Transfer Operators, Online Platforms, Banks and Others) By Country, Industry Analysis and Forecast, 2020 - 2026

The Europe Digital Remittance Market would witness market growth of 16.3% CAGR during the forecast period (2020-2026). Rapid growth in industrialization and urbanization is drawing the population of various semi-rural and rural regions to urban parts of the country. People are moving to different locations and countries in search of education or jobs. As a consequence, this fuels the need for cross-border transactions. In addition, the use of wireless remittance systems provides consumers with high levels of protection and privacy.

Digital remittances are projected to evolve as the predominant form of remittance as financial institutions opt for an open and data-driven environment. These organizations are working together with an effective partner network to provide their customers with improved digital remittance services. The demand for digital remittances will continue to grow as service providers concentrate on extending the reach of their Internet networks so that anyone can access their banking and financial services. Customers are rapidly embracing automated remittance systems due to low remittance costs and reduced transfer time.

The accelerated adoption of banking and financial technology, combined with a growing array of digitization initiatives, is stimulating market growth. Owing to ease of usage and lowered consumer costs, digital remittance operators threaten cash-in-hand providers. In fact, these providers have a wireless network that provides easy-to-use smartphone apps and reduces the need for hectic form-filling procedures. Customers across the globe are embracing banking and financial services because they offer quicker and more affordable means of payment.

Based on Type, the market is segmented into Outward and Inward. Based on End Use, the market is segmented into Personal, Small Businesses, Migrant Labor Workforce and Others. Based on Channel, the market is segmented into Money Transfer Operators, Online Platforms, Banks and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

Free Valuable Insights: Digital Remittance Market in Europe is expected to register a CAGR of 16.3% during the forecast period (2020-2026)

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ripple Labs, Inc., Remitly, Inc., WorldRemit Ltd., TransferWise Ltd., TransferGo Ltd., NIUM Pvt. Ltd., Digital Wallet Corporation, Azimo Limited, Mobetize Corporation, and Arcus Financial Intelligence, Inc.

Scope of the Europe Digital Remittance Market Analysis

Market Segmentation:

By Type

• Outward
• Inward

By End-Use

• Personal
• Small Businesses
• Migrant Labor Workforce
• Others

By Channel

• Money Transfer Operators
• Online Platforms
• Banks
• Others

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Companies Profiled

• Ripple Labs, Inc.
• Remitly, Inc.
• WorldRemit Ltd.
• TransferWise Ltd.
• TransferGo Ltd.
• NIUM Pvt. Ltd.
• Digital Wallet Corporation
• Azimo Limited
• Mobetize Corporation
• Arcus Financial Intelligence, Inc.

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Digital Remittance Market, by Type
1.4.2 Europe Digital Remittance Market, by End Use
1.4.3 Europe Digital Remittance Market, by Channel
1.4.4 Europe Digital Remittance Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global
3.1 Recent Industry Wide Strategic Developments
3.1.1 Partnerships, Collaborations and Agreements
3.1.2 Product Launches and Product Expansions
3.1.3 Business Unit Expansions
3.1.4 Geographical Expansions
3.1.5 Mergers & Acquisitions
3.2 Top Winning Strategies
3.2.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.2.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2018, Feb – 2020,Apr) Leading Players

Chapter 4. Europe Digital Remittance Market by Type
4.1 Europe Digital Remittance Outward Market by Country
4.2 Europe Digital Remittance Inward Market by Country

Chapter 5. Europe Digital Remittance Market by End Use
5.1 Europe Digital Remittance Personal Market by Country
5.2 Europe Digital Remittance Small Businesses Market by Country
5.3 Europe Digital Remittance Migrant Labor Workforce Market by Country
5.4 Europe Other End Use Digital Remittance Market by Country

Chapter 6. Europe Digital Remittance Market by Channel
6.1 Europe Money Transfer Operators Digital Remittance Market by Country
6.2 Europe Online Platforms Digital Remittance Market by Country
6.3 Europe Banks Digital Remittance Market by Country
6.4 Europe Others Digital Remittance Market by Country

Chapter 7. Europe Digital Remittance Market by Country
7.1 Germany Digital Remittance Market
7.1.1 Germany Digital Remittance Market by Type
7.1.2 Germany Digital Remittance Market by End Use
7.1.3 Germany Digital Remittance Market by Channel
7.2 UK Digital Remittance Market
7.2.1 UK Digital Remittance Market by Type
7.2.2 UK Digital Remittance Market by End Use
7.2.3 UK Digital Remittance Market by Channel
7.3 France Digital Remittance Market
7.3.1 France Digital Remittance Market by Type
7.3.2 France Digital Remittance Market by End Use
7.3.3 France Digital Remittance Market by Channel
7.4 Russia Digital Remittance Market
7.4.1 Russia Digital Remittance Market by Type
7.4.2 Russia Digital Remittance Market by End Use
7.4.3 Russia Digital Remittance Market by Channel
7.5 Spain Digital Remittance Market
7.5.1 Spain Digital Remittance Market by Type
7.5.2 Spain Digital Remittance Market by End Use
7.5.3 Spain Digital Remittance Market by Channel
7.6 Italy Digital Remittance Market
7.6.1 Italy Digital Remittance Market by Type
7.6.2 Italy Digital Remittance Market by End Use
7.6.3 Italy Digital Remittance Market by Channel
7.7 Rest of Europe Digital Remittance Market
7.7.1 Rest of Europe Digital Remittance Market by Type
7.7.2 Rest of Europe Digital Remittance Market by End Use
7.7.3 Rest of Europe Digital Remittance Market by Channel

Chapter 8. Company Profiles
8.1 Ripple Labs, Inc.
8.1.1 Company Overview
8.1.2 Recent strategies and developments:
8.1.2.1 Partnerships, Collaborations, and Agreements:
8.2 Remitly, Inc.
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Partnerships, Collaborations, and Agreements:
8.3 WorldRemit Ltd.
8.3.1 Company Overview
8.3.2 Recent strategies and developments:
8.3.2.1 Partnerships, Collaborations, and Agreements:
8.3.2.2 Product Launches and Product Expansions:
8.3.2.3 Geographical Expansions:
8.4 TransferWise Ltd.
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Partnerships, Collaborations, and Agreements:
8.4.2.2 Geographical Expansions:
8.5 TransferGo Ltd.
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Partnerships, Collaborations, and Agreements:
8.5.2.2 Product Launches and Product Expansions:
8.6 NIUM Pvt. Ltd.
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Partnerships, Collaborations, and Agreements:
8.6.2.2 Product Launches and Product Expansions:
8.7 Digital Wallet Corporation
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Partnerships, Collaborations, and Agreements:
8.7.2.2 Acquisition and Mergers:
8.8 Azimo Limited
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Partnerships, Collaborations, and Agreements:
8.8.2.2 Business Unit Expansions:
8.9 Mobetize Corporation
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Partnerships, Collaborations, and Agreements:
8.1 Arcus Financial Intelligence, Inc.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:

TABLE 1 Europe Digital Remittance Market, 2016 - 2019, USD Million
TABLE 2 Europe Digital Remittance Market, 2020 - 2026, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Digital Remittance Market
TABLE 4 Product Launches And Product Expansions– Digital Remittance Market
TABLE 5 Business Unit Expansions– Digital Remittance Market
TABLE 6 Geographical Expansions– Digital Remittance Market
TABLE 7 Mergers & Acquisitions – Digital Remittance Market
TABLE 8 Europe Digital Remittance Market by Type, 2016 - 2019, USD Million
TABLE 9 Europe Digital Remittance Market by Type, 2020 - 2026, USD Million
TABLE 10 Europe Digital Remittance Outward Market by Country, 2016 - 2019, USD Million
TABLE 11 Europe Digital Remittance Outward Market by Country, 2020 - 2026, USD Million
TABLE 12 Europe Digital Remittance Inward Market by Country, 2016 - 2019, USD Million
TABLE 13 Europe Digital Remittance Inward Market by Country, 2020 - 2026, USD Million
TABLE 14 Europe Digital Remittance Market by End Use, 2016 - 2019, USD Million
TABLE 15 Europe Digital Remittance Market by End Use, 2020 - 2026, USD Million
TABLE 16 Europe Digital Remittance Personal Market by Country, 2016 - 2019, USD Million
TABLE 17 Europe Digital Remittance Personal Market by Country, 2020 - 2026, USD Million
TABLE 18 Europe Digital Remittance Small Businesses Market by Country, 2016 - 2019, USD Million
TABLE 19 Europe Digital Remittance Small Businesses Market by Country, 2020 - 2026, USD Million
TABLE 20 Europe Digital Remittance Migrant Labor Workforce Market by Country, 2016 - 2019, USD Million
TABLE 21 Europe Digital Remittance Migrant Labor Workforce Market by Country, 2020 - 2026, USD Million
TABLE 22 Europe Other End Use Digital Remittance Market by Country, 2016 - 2019, USD Million
TABLE 23 Europe Other End Use Digital Remittance Market by Country, 2020 - 2026, USD Million
TABLE 24 Europe Digital Remittance Market by Channel, 2016 - 2019, USD Million
TABLE 25 Europe Digital Remittance Market by Channel, 2020 - 2026, USD Million
TABLE 26 Europe Money Transfer Operators Digital Remittance Market by Country, 2016 - 2019, USD Million
TABLE 27 Europe Money Transfer Operators Digital Remittance Market by Country, 2020 - 2026, USD Million
TABLE 28 Europe Online Platforms Digital Remittance Market by Country, 2016 - 2019, USD Million
TABLE 29 Europe Online Platforms Digital Remittance Market by Country, 2020 - 2026, USD Million
TABLE 30 Europe Banks Digital Remittance Market by Country, 2016 - 2019, USD Million
TABLE 31 Europe Banks Digital Remittance Market by Country, 2020 - 2026, USD Million
TABLE 32 Europe Others Digital Remittance Market by Country, 2016 - 2019, USD Million
TABLE 33 Europe Others Digital Remittance Market by Country, 2020 - 2026, USD Million
TABLE 34 Europe Digital Remittance Market by Country, 2016 - 2019, USD Million
TABLE 35 Europe Digital Remittance Market by Country, 2020 - 2026, USD Million
TABLE 36 Germany Digital Remittance Market, 2016 - 2019, USD Million
TABLE 37 Germany Digital Remittance Market, 2020 - 2026, USD Million
TABLE 38 Germany Digital Remittance Market by Type, 2016 - 2019, USD Million
TABLE 39 Germany Digital Remittance Market by Type, 2020 - 2026, USD Million
TABLE 40 Germany Digital Remittance Market by End Use, 2016 - 2019, USD Million
TABLE 41 Germany Digital Remittance Market by End Use, 2020 - 2026, USD Million
TABLE 42 Germany Digital Remittance Market by Channel, 2016 - 2019, USD Million
TABLE 43 Germany Digital Remittance Market by Channel, 2020 - 2026, USD Million
TABLE 44 UK Digital Remittance Market, 2016 - 2019, USD Million
TABLE 45 UK Digital Remittance Market, 2020 - 2026, USD Million
TABLE 46 UK Digital Remittance Market by Type, 2016 - 2019, USD Million
TABLE 47 UK Digital Remittance Market by Type, 2020 - 2026, USD Million
TABLE 48 UK Digital Remittance Market by End Use, 2016 - 2019, USD Million
TABLE 49 UK Digital Remittance Market by End Use, 2020 - 2026, USD Million
TABLE 50 UK Digital Remittance Market by Channel, 2016 - 2019, USD Million
TABLE 51 UK Digital Remittance Market by Channel, 2020 - 2026, USD Million
TABLE 52 France Digital Remittance Market, 2016 - 2019, USD Million
TABLE 53 France Digital Remittance Market, 2020 - 2026, USD Million
TABLE 54 France Digital Remittance Market by Type, 2016 - 2019, USD Million
TABLE 55 France Digital Remittance Market by Type, 2020 - 2026, USD Million
TABLE 56 France Digital Remittance Market by End Use, 2016 - 2019, USD Million
TABLE 57 France Digital Remittance Market by End Use, 2020 - 2026, USD Million
TABLE 58 France Digital Remittance Market by Channel, 2016 - 2019, USD Million
TABLE 59 France Digital Remittance Market by Channel, 2020 - 2026, USD Million
TABLE 60 Russia Digital Remittance Market, 2016 - 2019, USD Million
TABLE 61 Russia Digital Remittance Market, 2020 - 2026, USD Million
TABLE 62 Russia Digital Remittance Market by Type, 2016 - 2019, USD Million
TABLE 63 Russia Digital Remittance Market by Type, 2020 - 2026, USD Million
TABLE 64 Russia Digital Remittance Market by End Use, 2016 - 2019, USD Million
TABLE 65 Russia Digital Remittance Market by End Use, 2020 - 2026, USD Million
TABLE 66 Russia Digital Remittance Market by Channel, 2016 - 2019, USD Million
TABLE 67 Russia Digital Remittance Market by Channel, 2020 - 2026, USD Million
TABLE 68 Spain Digital Remittance Market, 2016 - 2019, USD Million
TABLE 69 Spain Digital Remittance Market, 2020 - 2026, USD Million
TABLE 70 Spain Digital Remittance Market by Type, 2016 - 2019, USD Million
TABLE 71 Spain Digital Remittance Market by Type, 2020 - 2026, USD Million
TABLE 72 Spain Digital Remittance Market by End Use, 2016 - 2019, USD Million
TABLE 73 Spain Digital Remittance Market by End Use, 2020 - 2026, USD Million
TABLE 74 Spain Digital Remittance Market by Channel, 2016 - 2019, USD Million
TABLE 75 Spain Digital Remittance Market by Channel, 2020 - 2026, USD Million
TABLE 76 Italy Digital Remittance Market, 2016 - 2019, USD Million
TABLE 77 Italy Digital Remittance Market, 2020 - 2026, USD Million
TABLE 78 Italy Digital Remittance Market by Type, 2016 - 2019, USD Million
TABLE 79 Italy Digital Remittance Market by Type, 2020 - 2026, USD Million
TABLE 80 Italy Digital Remittance Market by End Use, 2016 - 2019, USD Million
TABLE 81 Italy Digital Remittance Market by End Use, 2020 - 2026, USD Million
TABLE 82 Italy Digital Remittance Market by Channel, 2016 - 2019, USD Million
TABLE 83 Italy Digital Remittance Market by Channel, 2020 - 2026, USD Million
TABLE 84 Rest of Europe Digital Remittance Market, 2016 - 2019, USD Million
TABLE 85 Rest of Europe Digital Remittance Market, 2020 - 2026, USD Million
TABLE 86 Rest of Europe Digital Remittance Market by Type, 2016 - 2019, USD Million
TABLE 87 Rest of Europe Digital Remittance Market by Type, 2020 - 2026, USD Million
TABLE 88 Rest of Europe Digital Remittance Market by End Use, 2016 - 2019, USD Million
TABLE 89 Rest of Europe Digital Remittance Market by End Use, 2020 - 2026, USD Million
TABLE 90 Rest of Europe Digital Remittance Market by Channel, 2016 - 2019, USD Million
TABLE 91 Rest of Europe Digital Remittance Market by Channel, 2020 - 2026, USD Million
TABLE 92 Key Information – Ripple Labs, Inc.
TABLE 93 Key information – Remitly, Inc.
TABLE 94 Key Information – WorldRemit Ltd.
TABLE 95 Key Information –TransferWise Ltd.
TABLE 96 Key Information – TransferGo Ltd.
TABLE 97 Key Information – NIUM Pvt. Ltd.
TABLE 98 Key Information – Digital Wallet Corporation
TABLE 99 Key Information – Azimo Limited
TABLE 100 Key information – Mobetize Corporation
TABLE 101 Key information – Arcus Financial Intelligence, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 3 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2018, Feb – 2020,Apr) Leading Players
FIG 4 Recent strategies and developments: WorldRemit Ltd.
FIG 5 Recent strategies and developments: TransferWise Ltd.
FIG 6 Recent strategies and developments: TransferGo Ltd.
FIG 7 Recent strategies and developments: NIUM Pvt. Ltd.
FIG 8 Recent strategies and developments: Digital Wallet Corporation
FIG 9 Recent strategies and developments: Azimo Limited