The company passed £1bn in 2016 after 5 years and booked another £1bn in just 14 months; part of their success in increasing originations has been due to two new products, confidential invoice discounting and business loans; their larger institutional investor base has also allowed them to fund larger businesses with bigger funding requirements; in 2017 the firm lent £714.2m to businesses. Source
Lending as a service fintech LendKey announced record growth in March 2022, surpassing its previous record set in 2018.
Emotions are running high right now. After more bad news from Lending Club on Monday afternoon it is understandable...
Includes data from the UK, EU and the US; AltFi projects €2.8 billion to be lent in Europe in 2018 and £7.5 billion in the UK; this would represent a year over year increase of 73% and 43% respectively; overall 2017 was a bounce-back year for the marketplace lending industry across the globe. Source
The platform grew 104% year over year; its investor base includes banks, pension and infrastructure funds, family offices and private clients; According to the company, LendInvest has the largest institutional funding base of any European Fintech lender on record; the platform offers loans made to professional property investors and developers. Source
Sharestates is one of the most successful companies in the real estate crowdfunding space; they grew originations to over $1...
Younited Credit is a french consumer lending platform that has also launched a credit-as-a-service offering; the company has now originated...
PayPal Working Capital has been a quiet achiever in the UK and announced today they have crossed £1 billion in small...
Since launching in 2013 Funding Circle USA has now reached $2 billion in total loans originated; if it was a...
Funding Circle lead originations for the month of September followed by Zopa and RateSetter; many other originators across Europe are included in the list. Source