Lending Works is a peer-to-peer (P2P) lender that matches underwritten personal loan borrowers with shrewd lenders.
Lending Club is an online credit marketplace, facilitating personal loans, business loans, and financing for elective medical procedures. It enables borrowers to access lower interest rate loans through a fast and easy online or mobile interface. Investors provide the capital to enable many of the loans in exchange for earning interest. In Apr 2014, It acquired Springstone for $140M in cash & stock. It was named one of Forbes' America's Most Promising Companies three years in a row
Plum Lending delivers to commercial real estate investors expedited loan execution, improved transaction visibility and an unparalleled client experience.
The Lending Room
The lending Room specializes loans, refinancing and debt consolidation, car loans, boat loans, and unsecured loans. It offers competitive interest rates on unsecured and secured personal loans, choice, convenience, and experience.
Achieve Lending is a free online portal to search, find, and compare education financing.
CircleBack Lending is an Internet-based credit platform. It provides a secure, transparent, and efficient marketplace for accredited institutional and individual investors to purchase fixed income assets backed by consumer credit products.
Cloud Lending Inc., is an enterprise lending solutions provider. It provides lending solutions to empower financial institutions from any industry segments (such as P2P lending, online payday lending, consumer loans, tax liens, auto loans, MFIs, CDFIs and credit unions) of any size to compete and grow.
Lending Sutra is a platform for providing loans to small businesses. It also offers collateral free business installment loans to applicants.
STEM Lending is a lending platform that offers various types of loans to STEM graduates. It is disrupting the traditional lending model that under weighs future prospective borrowers on the basis of a thin or invisible credit history. In fact, borrowers are actually in possession of attributes that should positively influence creditworthiness during the loan origination process.
A2Z Lending is a P2P lending platform which provides an e-portal for loan exchange. It acts as an intermediary platform where borrowers and lenders can transact on mutually accepted terms.
Able is the collaborative lending company. It offers small business loans up to $250,000
Greenworks, LLC is an origination and financing company targeting cost saving, clean energy upgrades for commercial real estate using PACE (Property Assessed Clean Energy) financing.
Kender Lending provides loan with a quick and easy, low-rate and short-term period. At Kener, they are using advanced technologies and sophisticated algorithms to aid decision making processes very simple.
Lending Loop is an online P2P Lending marketplace for Canadians to lend money to growing local businesses. They provide capital to local businesses by cutting out intermediaries like banks to make affordable financing accessible.
Octane Lending offers a point of sales financing and insurance platform for niche consumer markets.
Pacifica Lending is a digital lending platform for unsecured personal loans. Users can apply for personal loans ranging between $2,600 - $100,000 dollars.
Stone Lending is a marketplace for payday loans. It helps applicants to have a regular source of income and should have an active bank account.
Nationwide Auto Lending
Nationwide Auto Lending is an auto finance company for people who need to get a car loan with bad credit. It also offers bad credit auto loans and auto financing options even after bankruptcy.
P2P Lending India
p2plendingindia.com is a part of iLend firm, it connects borrowers and lenders on a mutually beneficial platform. It enables investors and borrowers to directly settle loan requirements and interest rates for it. The investors get a better return on their money and the borrowers get a lower interest rate.
Open Lending provides an online platform that offers loan analytics, risk-based pricing, risk modeling, and automated decision technology for automotive lenders and financial institutions. Currently, the company website is inactive.
Banks / FIs
CRIF Lending Solutions
CRIF Lending Solutions is the provider of loan and account origination, business process outsourcing, credit decisioning, data access, and lending and marketing analytics solutions to financial institutions including banks, credit unions, finance companies, retailers and credit card processors.
Direct Business Lending
Direct Business Lending connects small business with lenders who have the highest probability of receiving funds from. The experienced loan consultants and experts have a knowledge base of the commercial lending environment to help business accomplish the funding needs.
Lending Companies Leveraging Blockchain Technology
There has been a lot of focus on blockchain’s application for the financial world. There are several segments of the FinTech Industry that are already putting blockchain technology to advanced practice. In one of our previous articles, we discussed the financial use cases of blockchain in the remittance industry. Blockchain technology is also used by the companies in the lending industry, popularly known as bitcoin lending.
Kotak Digital Lending Challenge
Kotak Mahindra Group is one of India's leading financial services conglomerates. Kotak Mahindra Bank Ltd. has a national footprint of 1,348 branches and 2,051 ATMs spread across 675 locations. The bank has four strategic business units: Consumer Banking, Corporate Banking, Commercial Banking and Treasury, which cater to retail and corporate customers across urban and rural India.
Kotak Digital Lending challenge is a focused search program by Kotak Bank, powered by MEDICI. The bank is looking for a digital lending partner. It seeks technology and business solutions from both startups and mature FinTechs. The additional focus is to identify FinTechs in the area of process automation in the digital lending space.
A one-month evaluation and selection process will be completed by Kotak with the help of MEDICI’s FinTech and digital lending experts to identify potential partners in the following subsegments of digital lending:
|Digital Lending||Financial Models||Business Models|
Commercial Vehicle Segments
Invoice Trading-Invoice Discounting
Any other innovative models
Any other innovative models
FinTechs can submit their company profile and nomination for the attention of Kotak Innovation Leadership. The selected partners will start working with the ‘implementation ready’ use cases with the bank immediately after the selection.
Kotak Digital Lending Challenge is open to entries from all over the world.
Application Dates :
Start Date : 02/03/2017
End Date :31/03/2017
13 Direct Lending Companies Empowering the Customer
For the past two to three years, the technology-based personal lending industry has been experiencing the launch of a wide range of promising ventures. With the high interest rates charged by the conventional financial institutions, the newly devised models launched by personal lending companies enable consumers to get access to quick and easy loans or refinance them at comparatively lower rates. We have seen a variety of lenders supporting millennials in their financial needs, hottest companies offering marketplace lending and much more. Realizing the power of alternative lending, banks started leveraging the opportunity to fund the debts of those lenders instead of missing on a value chain profitable link.