7 startups and businesses that will shake up the online marketplace by 2022
Online marketplace is growing at a very fast rate recently, that number is 300% per year (according to Stripe statistics). As competition increases, more time and resources are needed to become more stable in the market. In this article, Tech Town will introduce to you 7 startups capable of conquering the online marketplace in 2022.
A look at the online marketplace in 2021
It can be said that 2021 is a great year for online marketplaces. As the pandemic makes online shopping more popular, the industry is also starting to grow stronger than ever. In just the first three months of 2021, global VC investments in online marketplaces hit an all-time high of $28 billion (according to Startups Magazine). Investors saw the huge potential in the online marketplace industry and started pouring their capital into e-commerce solutions.
This year alone, more than 2.14 billion people are expected to shop online, and this number is likely to grow further. The year 2021 has shown us the huge potential of online marketplaces and they will become an integral part of the future.
Top 7 startups capable of conquering the online marketplace in 2022
Mintos is a licensed investment company and the leading marketplace for investing in loans in Europe. Utilizing this global investment platform allows retail investors to allocate their money diversified into income-generating assets, building massive assets over the long term. In Europe alone, Mintos holds over 40% of the investment market share in loans, making it the largest market of its kind in Europe.
CGTrader is known for being the largest source of licensable stock and custom 3D models, the company covers two related lines of business. First, the CGTrader Marketplace offers 3D models, including over 1,000,000 licensable 3D models; second, CGTrader Enterprise 3D Modeling is an online retailer that helps business customers convert their 2D product images into realistic 3D models. With thousands of proficient 3D designers, CGTrade is ready to provide 3D models of any level and scale of complexity.
Back Market’s main purpose is to refurbish electronic devices, they are one of the first companies on the online marketplace to say no to wasted electronics. Back Market is constantly working to provide affordable and reliable alternatives to buying new electronic products, they also do this for the sake of the environment. Their environmental awareness can certainly win a lot of favors, as Back Market wants to help us avoid economic waste and less expensive use of electronic devices.
Raisin is an innovator when it comes to opening a bank in the deposit and investment sector. This marketplace provides open banking infrastructure for the global over $50 trillion deposit market, providing huge benefits to banks and investors. It increases decision making and more financial products for savers to choose from. Raisin DS is on a mission to reduce barriers to making savings solutions better in Europe.
Oda is a leading Norwegian grocer and well known in their homeland. We can expect their expansion to other countries. Specifically Oda’s entry into the European or US market, as their goal is to provide affordable, high quality groceries and fresh produce to millions of people. They have realized the potential of the online marketplace. Using a data-driven methodology with a focus on sustainability across the entire chain, Oda is truly working on building a world-leading, efficient retail system.
Agrando is the crown jewel of Munich, it’s a completely independent online trading platform for digital agricultural trade. Agrando is focused on simplifying traditional trade processes and providing in-depth market analysis, helping companies of all types stay competitive in the complex agrarian economy for the long term. .
What makes this platform unique is the way this marketplace is improving. Farmers collaborate with programmers to make the platform better and more relevant to the needs of customers.
Packhelp is a custom branded packaging company. Their team creates innovative packaging solutions for e-commerce retailers, brands, businesses and several other types of businesses. This platform takes a good approach when it comes to sustainability: Plastics have a detrimental impact on the environment, that’s why Packhelp offers eco-friendly solutions!
We can see that these companies have a bright future as they support aspects that are important to customers. As the marketplace industry tends to expand at an incredible rate, those companies become even more powerful players in the world of e-commerce.
We hope that the information we have provided will be useful to you.
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