Lending on Mobile

After downloading all of the most popular lending apps on an iPhone, we analyzed the mobile lending landscape. We found that the list is mainly split up between two areas: getting a loan and checking your credit score.

You may notice that Avant is the largest lender to have an app, while Lending Club and Prosper don’t have one yet. The loan comparison company Lending Tree, as said now more than 50% of its traffic comes from mobile. Additionally, CreditKarma has resonated with millennials as it is one of the most recognizable of the modern FinTech companies.

Data as of November 2015

Marketplace Alternatives helps Financial Advisors, Family Offices, and RIAs learn about and invest in Online Marketplace Lending. Find out more at MarketplaceAlternatives.com