Fintech Changes Lending, Borrowing, and Credit

Comparing Alternative Lending Companies


P2P-Peer to Peer

Lending Club

Location: San Francisco, CA
CEO: Renaud Laplanche
Capital Raised: Public/Ticker LC
Website: lendingclub.com
Twitter: twitter.com/LendingClub


Prosper

Location: San Francisco, CA
CEO: Aaron Vermut
Capital Raised: $354.9 Million
Website: prosper.com
Twitter: twitter.com/ProsperLoans


Upstart

Location: Palo Alto, CA
CEO: Dave Girouard
Capital Raised: $7.7 Million
Website: upstart.com
Twitter: twitter.com/upstart


Social Finance (SoFi)

Location: San Francisco, CA
CEO: Mike Cagney
Capital Raised: $766.2 Million
Website: sofi.com
Twitter: twitter.com/SoFi


Personal

Avant

Location: Chicago, IL
CEO: Albert Goldstein
Capital Raised: $1 Billion
Website: avant.com
Twitter: twitter.com/AvantCredit


Vouch

Location: San Francisco, CA
CEO: Sue Korn
Capital Raised: $3 Million
Website: vouch.com
Twitter: twitter.com/vouch


Earnest

Location: San Francisco, CA
CEO: Louis Beryl
Capital Raised: $32 Million
Website: meetearnest.com
Twitter: twitter.com/MeetEarnest


Short-term

LendUp

Location: San Francisco, CA
CEO: Sasha Orloff
Capital Raised: $64 Million
Website: lendup.com
Twitter:
twitter.com/LendUpLoans


ActiveHours

Location: Palo Alto, CA
CEO: Ram Palaniappan
Capital Raised: $4.1 Million
Website: activehours.com
Twitter: twitter.com/Activehours


Alternative/Other/Student Loan Only

BTCJam

Location: San Francisco, CA
CEO: Celso Pitta
Capital Raised: $7.3 Million
Website: btcjam.com
Twitter: twitter.com/btcjam


Affirm

Location: San Francisco, CA
CEO: Max Levchin
Capital Raised: $45 Million
Website: affirm.com
Twitter: twitter.com/affirminc


CommonBond

Location: New York, NY
CEO: David Klein
Capital Raised: $253.5 Million
Website: commonbond.co
Twitter: twitter.com/CommonBond


Micro

Kiva

Location: San Francisco, CA
CEO: Matthew Flannery
Capital Raised: $9 Million
Website: kiva.org
Twitter: twitter.com/Kiva


Mortgage

Lending Home

Location: San Francisco, CA
CEO: James Hall Herbert III
Capital Raised: $98 Million
Website: lendinghome.com
Twitter: twitter.com/lendinghome


Lenda

Location: San Francisco, CA
CEO: Jason van den Brand
Capital Raised: $2 Million
Website: lenda.com
Twitter: twitter.com/lenda


Sindeo

Location: San Francisco, CA
CEO: Nick Stamos
Capital Raised: $6.5 Million
Website: www.sindeo.com
Twitter: twitter.com/sindeo


Business

OnDeck

Location: New York, NY
CEO: Noah Breslow
Capital Raised: $428 Million
Website: ondeck.com
Twitter: twitter.com/OnDeckCapital


CanCapital

Location: New York, NY
CEO: Daniel DeMeo
Capital Raised: $126 Million
Website: cancapital.com
Twitter: twitter.com/CANCapital


Fundera

Location: New York, NY
CEO: Jared Hecht
Capital Raised: $3.4 Million
Website: fundera.com
Twitter: twitter.com/fundera


Kabbage

Location: Atlanta, GA
CEO: Rob Frohwein
Capital Raised: $465.4 Million
Website: kabbage.com
Twitter: twitter.com/KabbageInc


Square Capital

Location: San Francisco, CA
CEO: Jack Dorsey
Capital Raised: $590.5 Million
Website: squareup.com/capital
Twitter: twitter.com/Square


Able Lending

Location: Austin, TX
CEO: Evan Baehr and Will Davis (Co-Founders)
Capital Raised: Undisclosed
Website: ablelending.com
Twitter: twitter.com/AbleLending


Debt Consolidation

Payoff

Location: Costa Mesa, CA
CEO: Scott Saunders
Capital Raised: $24.8 Million
Website: payoff.com
Twitter: twitter.com/payoff


Credit Score

CreditKarma

Location: San Francisco, CA
CEO: Kenneth Lin
Capital Raised: $193 Million
Website: creditkarma.com
Twitter: twitter.com/creditkarma


Credit Sesame

Location: Mountain View, CA
CEO: Adrian Nazari
Capital Raised: $19.4 Million
Website: creditsesame.com
Twitter: twitter.com/creditsesame


Quizzle

Location: Detroit, MI
CEO: Todd Albery
Capital Raised: n/a — Quicken Loans Owned (acquired by BankRate.com)
Website: quizzle.com
Twitter: twitter.com/Quizzle


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