More Related Content Similar to Tracxn - Alternative Lending Startup Landscape Similar to Tracxn - Alternative Lending Startup Landscape (20) Tracxn - Alternative Lending Startup Landscape2. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Contents
Feed Summary
Investment Trends
Market Details
Exit Outlook
Investors
News
Appendix
2
TAKE SHARPER DECISIONS
WITH TRACXN
✓ Analyst team Covering 250+ Sectors
✓ Proprietary Business Model tagging
✓ 6000+ On-demand Queries answered
✓ Sector Reports, Market Maps
✓ One-Click Connect with Founders
Join 500+ Investors & Corporates to get the
Tracxn Advantage
3. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Contents
Feed Summary
Investment Trends
Market Details
Exit Outlook
Investors
News
Appendix
3
Feed Summary
Investment Trend Summary
Exit Outlook Summary
BlueBox
Summary of Key Markets
Notable Companies in the Sector
Recent News
4. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Note: Mega Companies includes IPO’d companies, Mega Acquisitions and Unicorn. Data is taken from Tracxn Platform as on December 4, 2017.
Alternative Lending Feed Summary
4
Alternative Lending > Feed Summary
Online lending platforms and companies that enable online lending.
• Inclusions: The lending companies which operate
through an online platform with little/no physical
presence for loan servicing/operations, are not
backed, operationally, by a traditional/brick &
mortar financial institution and use alternative data
points for credit scoring. The feed also includes
platforms enabling alternative lending (credit
scoring, aggregators, white-label platforms).
• Exclusions: Aggregators catering to offline
financial institutions, lending softwares, dynamic
discounting.
• Excludes funding information of Chinese companies Feed in Numbers
Overview
$16.6B
Funding
34
Mega
Companies
9333070
FundedCovered on
Tracxn
7
Unicorns
44
Soonicorns
93
Minicorns
21
IPO’d Cos
400
Late Stage Cos
98
13
Acquisitions
171
DeadPooled
68
Acquihired
Series A+ Cos
Social Finance
(2011, San Francisco, $2.1B)
Kabbage
(2009, ,Atlanta $491M)
Lending Club
(2016, San Francisco, $162M)
Top Companies
5. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Investment Trend Summary
Summary of Funding Activity in Alternative Lending
5
$500M - Series F
Social Finance (2011, San Francisco, $2.1B)
$132M - Series C
Neyber (2014, London, $181M)
$300M - PE
Pave (2012, New York City, $313M)
$126M - Series B
Bread Finance (2014, New York City, $140M)
$250M - Series F
Kabbage (2009, Atlanta, $491M)
$120M - Series C
Kreditech (2012, Hamburg, $281M)
$220M - Series C
Mosaic (2011, Oakland, $247M)
$105M - Series G
Social Finance (2011, San Francisco, $2.1B)
$150M - Series B
LendUp (2012, San Francisco, $212M)
$103M - Series A
Finova Financial (2015, San Francisco, $155M)
Top Geos of InvestmentEntrepreneurial Activity Global Funding Trend
*YTD *YTD
Alternative Lending > Feed Summary > Investment Trend Summary
Seed East Ventures (#4), FJ Labs (#4), Village Capital (#4)
Series A/B QED Investors (#8), Sequoia Capital (#7), Blumberg Capital (#5)
Series C+ DST Global (#4), IVP (#4), QED Investors (#3)
Incubators 500 Startups (#20) Y Combinator (#16) Techstars (#12)
Other Notable
Investors
Victory Park Capital (#20), Accion (#18), Ribbit Capital (#11)
Debt Investors
Western Technology Investment (#14), Kreos Capital (#7), Silicon
Valley Bank (#7)
Most Active InvestorsRecent Investments
249
359
489
607
396
102
2012 2013 2014 2015 2016 2017*
Y-o-Y # of Companies Founded 73 127 226 311 313 266
$474M
$762M
$2.1B
$5.3B
$2.8B
$3.3B
2012 2013 2014 2015 2016 2017*
$ Funding # Rounds
$10.8B
$3.2B
$656M
$395M
$385M
US
Europe
India
Australia
Israel
$ Funding
6. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Summary of exit outlook in Alternative Lending
Exit Outlook Summary
66
Most Active AcquirersTop Investors in Exits
DST Global 4
GreenSky (2006, Atlanta, $410M)
Funding Circle (2010, London, $375M)
QED Investors 4
Social Finance (2011, San Francisco, $2.1B)
Avant (2012, Chicago, $655M)
IVP 3
Social Finance (2011, San Francisco, $2.1B)
Klarna (2005, Stockholm, $336M)
Thomvest Ventures 3
Social Finance (2011, San Francisco, $2.1B)
Kabbage (2009, Atlanta, $491M)
FJ Labs 3
Klarna (2005, Stockholm, $336M)
Lending Club (2006, San Francisco, $162M)
Nov 2017 Earnest Acq by Navient for $155M
Oct 2017 Swift Financial Acq by PayPal for $183M
Dec 2016 MoneyPark Acq by Helvetia for $104M
Apr 2012 Advance America Acq by Grupo Elektra for $780M
Oct 2008 Paypal Credit Acq by PayPal for $945M
Oct 2006 ACE Cash Express Acq by JLL Partners for $455M
May 2005 LowerMyBills Acq by Experian for $330M
Alternative Lending > Feed Summary > Exit Outlook Summary
PayPal 2
Paypal Credit (Oct 2008, $945M), Swift Financial (Oct 2017,
$183M)
Goldman Sachs 1 Meilleurtaux (Dec 2016)
Dun &
Bradstreet
1 LiveCapital (Jul 2005, $17.2M)
Experian 1 LowerMyBills (May 2005, $330M)
JLL Partners 1 ACE Cash Express (Oct 2006, $455M)
Recent IPOs Top Acquisitions
OnDeck Dec 2014
Online platform for business loans.
IPO MCap: $1.3B Current MCap: $361M
Lending Club Dec 2014
P2P online lending marketplace
IPO MCap: $5.4B Current MCap: $1.8B
Enova Oct 2014
Provides online financial services to alt…
IPO MCap: - Current MCap: $480M
IOU Financial Mar 2014
Working capital loan provider to small bu…
IPO MCap: - Current MCap: $7.9M
Elevate Apr 2017
Provides online credit solutions to consu…
IPO MCap: $276M Current MCap: $299M
CoAssets May 2016
Real estate crowdfunding platform
IPO MCap: $52.7M Current MCap: $14.6M
Mogo.ca Jun 2015
Online lending and debt management compan…
IPO MCap: $146M Current MCap: $87.1M
Ferratum Group Jun 2015
Online/mobile based short term loans prov…
IPO MCap: $415M Current MCap: $658M
7. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
CONSUMER LOANS
PayDay Loans
LendUp (2012, San Francisco, $211.5M)
Education Loans
Social Finance (2011, San Francisco, $2.12B)
Unsecured Personal Loans
Lending Club (2006, San Francisco, IPO)
Micro Loans
Tala (2012, Los Angeles, $41.5M)
Employer Loans
Neyber (2014, London, $181.2M)
Green Financing
Mosaic (2011, Oakland, $247M)
$11.1B BUSINESS LOANS
Mortgage Loans
LendingHome (2013, San Francisco, $166M)
Term Loans
Funding Circle (2010, London, $375M)
$3.9B
December 2017Tracxn BlueBox – Alternative Lending
3050+ companies in the sector, 733 funded in last 5 years, $6.6B invested in last 2 Years
Most Active Investors: Sequoia Capital, QED Investors, 500 Startups, Victory Park Capital, Accion
Asset Backed Loans
Borro (2008, London, $75.67M)
Purchase Financing
Affirm (2012, San Francisco, $420M)
Mortgage Loans
loanDepot (2010, Foothill Ranch, $71.95M)
Credit Builder Loans
Oportun (2005, Menlo Park, $221.09M)
Credit Card Debt Refinancing
Payoff (2009, Long Beach, $71.12M)
Auto Loans
Oodle Finance (2016, Oxford, $74.87M)
LEAD GENERATION PLATFORMS
Nav (2012, San Mateo, $45M)
$1B INVESTMENT PLATFORM
Orchard (2013, New York City, $64.7M)
$121M
Project Loans
Neighborly (2011, Kansas City, $30.5M)
Franchise Loans
ApplePie Capital (2014, San Francisco, $26.35M)
Working Capital
Unsecured Loans
Kabbage (2009, Atlanta, $490.81M)
Merchant Cash Advance
Swift Capital (2006, Wilmington, $98.75M)
Invoice Financing
BlueVine (2013, Redwood City, $113M)
Discounting
Fundbox (2012, Tel Aviv, $107.5M)
ENABLERS
Credit Scoring
ZestFinance (2009, Los Angeles, $54M)
Lending-as-a-service
Think Finance (2001, Fort Worth, $60M)
$446M
7
Alternative Lending > Feed Summary > Bluebox
Cumulative funding in the marketFunding data excludes Debt, Grants & Post-IPO rounds. Excludes all details for Chinese companies
For any Feedback and Query reach out to MyAnalyst@tracxn.com
8. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Key Sub Sectors in Alternative Lending Sector
Summary of Key Markets
8
Other Notable Markets
# Cos on
Platform
Last 2 Years
$ Invested # Round
Business Loans > Working Capital >
Unsecured Loans >
B2B Marketplace
34 $260M 6
Top Markets of Investment Activity
# Cos on
Platform
Last 2 Years
$ Invested # Round
Consumer Loans > Unsecured Personal
Loans >
P2P Marketplace
236 $363M 48
Consumer Loans > Purchase Financing >
B2C Marketplace 71 $442M 35
Consumer Loans > Unsecured Personal
Loans >
Direct Lender
216 $368M 23
Business Loans > Working Capital >
Unsecured Loans >
Direct Lender
43 $285M 19
Consumer Loans > Purchase Financing >
Direct Lender 80 $205M 25
Business Loans > Term Loans >
P2B Marketplace 203 $189M 39
Consumer Loans > Unsecured Personal
Loans >
B2C Marketplace
101 $179M 27
Business Loans > Mortgage Loans >
P2B Marketplace 75 $189M 19
Sub Sectors
# Cos
Tracked
#
Funded
Total
Funding
Consumer Loans
Lending platforms which offer loan products for
consumers
1432 420 $11.1B
Business Loans
Lending platforms which offer loan products to
businesses
916 305 $3.9B
Lead Generation Platforms
Platforms which aggregate loan products from
lenders, offer comparison services, and...
524 146 $1B
Enablers
Fintech companies providing allied services to
alternative lenders
160 49 $446M
Investment Platform
Platforms that enable investors to invest money in
loans on alternative lending platforms....
38 13 $121M
Alternative Lending > Feed Summary > Summary of Key Markets
9. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
List of Notable Companies in Alternative Lending
Notable Companies in the Sector
9
Note: *(Founded Year, Location, Total Funding)
Alternative Lending > Feed Summary > Notable Companies in the Sector
Public
Zillow
(2005, Seattle, $87M)*
OnDeck
(2007, New York City, $174M)
Lending Club
(2006, San Francisco, $162M)
FlexShopper
(2006, Boca Raton, $10M)
Afterpay
(2014, Melbourne, $8M)
Mogo.ca
(2006, Vancouver, $3.9M)
CoAssets
(2013, Singapore, $736k)
FriendsClear
(2007, Paris, $637k)
DirectMoney
(2006, Balmain, $98k)
Elevate
(2014, Fort Worth)
Public
Experian
MicroAnalytics
(1992, Monaco)
Enova
(2003, Chicago)
Ferratum Group
(2005, Helsinki)
International Personal
Finance
(2007, Leeds)
IOU Financial
(2006, Kennesaw)
LendingTree
(1996, Charlotte)
Money3
(2006, Bundoora)
MoneySuperMarket
(1993, Ewloe)
Mortgage Choice Aust
(1994, Sydney)
Public
Tungsten Network
(2000, London)
Ulusal Factoring
(2001, Istanbul)
Acquired
Paypal Credit
(2000, Lutherville-timonium,
$100M)
Advance America
(1997, Greenville)
ACE Cash Express
(1968, Irving)
LowerMyBills
(1999, Santa Monica, $11M)
Swift Financial
(2004, Wilmington, $65.3M)
Earnest
(2013, San Francisco, $107M)
MoneyPark
(2011, Wollerau)
Unicorns
Social Finance
(2011, San Francisco, $2.1B)
Avant
(2012, Chicago, $655M)
Kabbage
(2009, Atlanta, $491M)
GreenSky
(2006, Atlanta, $410M)
Funding Circle
(2010, London, $375M)
Klarna
(2005, Stockholm, $336M)
11. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
List of Notable Companies by Market in Alternative Lending
Notable Companies by Market (1/11)
11
Alternative Lending > Feed Summary > Notable Companies by Market
Consumer Loans
Unsecured Personal Loans
Avant (2012, Chicago, $655M)
Online lending platform
Unicorn. Stage: Series E
Origin Ventures, JPMorgan Chase & Co., August
Capital and 17 Other Investors
Prosper (2005, San Francisco, $410M)
P2P Lending Marketplace
Soonicorn. Stage: Series G
FinEX Asia, Credit Suisse, J.P. Morgan and 29 Other
Investors
Pave (2012, New York City, $313M)
Online lending platform for personal loans.
Soonicorn. Stage: Series A
Maxfield Capital, RPM Ventures, Seer Capital and 1
Other Investors
Kreditech (2012, Hamburg, $281M)
Personal lending based on big data points
Soonicorn. Stage: Series C
Naspers, Rakuten, IFC and 11 Other Investors
Unsecured Personal Loans
Harmoney (2013, Auckland, $210M)
Online P2P lending platform.
Soonicorn. Stage: Series A
P2P Global Investments PLC, Trade Me, NZX
Market and 1 Other Investors
Lending Club (2006, San Francisco, $162M)
P2P online lending marketplace
Unicorn. Stage: Public
Hanwha Life, T. Rowe Price, Wellington
Management and 32 Other Investors
Zopa (2005, London, $103M)
Online P2P lending marketplace.
Soonicorn. Stage: Series F
Northzone, iZettle, Spotify and 13 Other Investors
Upstart (2012, Palo Alto, $85.7M)
An online lending platform.
Soonicorn. Stage: Series D
Third Point Ventures, Khosla Ventures, First Round
Capital and 13 Other Investors
Unsecured Personal Loans
RateSetter (2010, London, $55M)
Online lending platform for P2P loans.
Soonicorn. Stage: Series B
Woodford Investment Management, Artemis,
British Business Bank and 1 Other Investors
Pret D'Union(2009, Issy-les-moulineaux,
$52.4M)
Online platform for P2P lending.
Soonicorn. Stage: Series D
Eurazeo, Credit Mutuel Arkea, Schibsted Media
Group and 3 Other Investors
Auxmoney (2007, Dusseldorf, $28M)
Online lending platform for P2P loans.
Soonicorn. Stage: Series D
SevenVentures, Index Ventures, Union Square
Ventures and 5 Other Investors
12. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
List of Notable Companies by Market in Alternative Lending
Notable Companies by Market (2/11)
12
Alternative Lending > Feed Summary > Notable Companies by Market
Consumer Loans
Unsecured Personal Loans
Mogo.ca (2006, Vancouver, $3.9M)
Online lending and debt management company
Stage: Public
Difference Capital Financial, Fortress Investment,
Innovation Grade and 2 Other Investors
FriendsClear (2007, Paris, $637k)
peer-to-peer lending
Stage: Public
DirectMoney (2006, Balmain, $98k)
Online lending platform for personal loans and
small business loans
Stage: Public
255 Finance
4Finance (2008, Riga)
Online unsecured personal loans' direct lender
Soonicorn. Stage: Funded
Marcus (2017, Salt Lake City)
Online platform for unsecured personal loans
Soonicorn. Stage: Unfunded
Unsecured Personal Loans
Elevate (2014, Fort Worth)
Provides online credit solutions to consumers.
Editor's Pick. Stage: Public
Victory Park Capital, Sequoia Capital, Technology
Crossover Ventures and 1 Other Investors
Enova (2003, Chicago)
Provides online financial services to alternative
credit consumers.
Stage: Public
Ferratum Group (2005, Helsinki)
Online/mobile based short term loans provider
Stage: Public
Pontos Group
International Personal Finance (2007,
Leeds)
Lending platform that offers consumer loans and
offline home credits
Stage: Public
Unsecured Personal Loans
Money3 (2006, Bundoora)
Personal Loan Provider
Stage: Public
13. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
List of Notable Companies by Market in Alternative Lending
Notable Companies by Market (3/11)
13
Alternative Lending > Feed Summary > Notable Companies by Market
Consumer Loans
Purchase Financing
Affirm (2012, San Francisco, $420M)
Online lending platform for purchase financing
Soonicorn. Stage: Series D
Morgan Stanley, Founders Fund, Andreessen
Horowitz and 6 Other Investors
GreenSky (2006, Atlanta, $410M)
Purchase finance provider
Unicorn. Stage: Series B
Fifth Third Bancorp, TPG, DST Global and 2 Other
Investors
Klarna (2005, Stockholm, $336M)
Provides purchase financing and late payment
options.
Unicorn. Stage: Series D
Creandum, FJ Labs, Sequoia Capital and 10 Other
Investors
Purchase Financing
Paypal Credit (2000, Lutherville-timonium,
$100M)
Provides purchase financing options to consumers.
Soonicorn. Stage: Acquired
Amazon, Azure Capital Partners, Crosspoint
Venture Partners and 3 Other Investors
FlexShopper (2006, Boca Raton, $10M)
Lease-to-own payment and financing option
provider.
Stage: Public
Waterfall Asset Management, Middlemarch
Partners
Afterpay (2014, Melbourne, $8M)
Purchase finance provider in Australia and New
Zealand
Stage: Public
Allectus Capital
Auto Loans
DriverUp (2015, Austin, $70M)
Online marketplace for auto loans
Soonicorn. Stage: Series B
SF Capital Group, RRE Ventures, Emerald
Development Managers
14. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
List of Notable Companies by Market in Alternative Lending
Notable Companies by Market (4/11)
14
Alternative Lending > Feed Summary > Notable Companies by Market
Consumer Loans
Education Loans
Social Finance (2011, San Francisco, $2.1B)
Educational loans marketplace
Unicorn. Stage: Series G
Silver Lake, SoftBank Group, GPI Capital and 20
Other Investors
CommonBond (2011, Brooklyn, $179M)
Online lending platform for education loans.
Soonicorn. Stage: Series C
August Capital, Tribeca Venture Partners, Social
Capital and 8 Other Investors
Earnest (2013, San Francisco, $107M)
Direct lender for student loan refinancing and
personal loans
Soonicorn. Stage: Acquired
Battery Ventures, Adams Street Partners, Maveron
and 15 Other Investors
Green Financing
Mosaic (2011, Oakland, $247M)
Residential solar financing provider
Soonicorn. Stage: Series C
Deutsche Bank, Warburg Pincus, Core Innovation
Capital and 7 Other Investors
Renovate America (1999, San Diego, $170M)
Provider of financing programs for water and
energy efficient home improvements
Soonicorn. Stage: Series E
Bank of America, DFJ, Silver Lake and 6 Other
Investors
Renew Financial (2008, Oakland, $125M)
Financing solutions for renewable energy projects
Soonicorn. Stage: Series D
Morgan Stanley, Barclays, Angeleno Group and 5
Other Investors
PayDay Loans
LendUp (2012, San Francisco, $212M)
Payday loans direct lender
Soonicorn. Stage: Series C
PayPal, Victory Park Capital, Y Combinator and 15
Other Investors
Advance America (1997, Greenville)
Online and store-based payday, installment and title
loans
Stage: Acquired
ACE Cash Express (1968, Irving)
Online payday, cash advance & other short term
loans.
Stage: Acquired
JPMorgan Chase & Co., Wells Fargo, Bank of
America and 4 Other Investors
15. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
List of Notable Companies by Market in Alternative Lending
Notable Companies by Market (5/11)
15
Alternative Lending > Feed Summary > Notable Companies by Market
Consumer Loans
Mortgage Loans
loanDepot (2010, Foothill Ranch, $72M)
Online platform for consumer loans.
Soonicorn. Stage: Series C
Parthenon
Personal Lines of Credit
Nubank (2013, Sao Paulo, $178M)
MasterCard flagged credit card with a mobile app
Soonicorn. Stage: Series D
DST Global, Sequoia Capital, Tiger Global
Management and 5 Other Investors
Credit Builder Loans
Oportun (2005, Menlo Park, $221M)
Credit building unsecured personal loans for
underbanked Hispanics.
Soonicorn. Stage: Series G
IVP, Fidelity Investments, Greylock Partners and 11
Other Investors
16. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
List of Notable Companies by Market in Alternative Lending
Notable Companies by Market (6/11)
16
Alternative Lending > Feed Summary > Notable Companies by Market
Consumer Loans
Employer Loans
Neyber (2014, London, $181M)
Offers loans to employees which are repaid through
salary deduction
Soonicorn. Stage: Series C
Goldman Sachs, Henry Ritchotte, Gael de Boissard
and 2 Other Investors
Business Loans
Working Capital
Kabbage (2009, Atlanta, $491M)
Working capital financing for small businesses.
Unicorn. Stage: Series F
SoftBank Group, Reverence Capital Partners, ING
and 20 Other Investors
Behalf (2011, Raanana, $156M)
Lending platform for SMBs
Soonicorn. Stage: Series C
Viola Group, Sequoia Capital, Spark Capital and 6
Other Investors
SpotCap (2013, Berlin, $117M)
Alternate lending platform providing credit lines to
businesses.
Soonicorn. Stage: Series B
Heartland, Holtzbrinck Ventures, Finstar Financial
Group and 3 Other Investors
Working Capital
BlueVine (2013, Redwood City, $113M)
Online invoice factoring company
Soonicorn. Stage: Series D
Silicon Valley Bank, Suntrust Banks, Bank Leumi
and 10 Other Investors
Fundbox (2012, Tel Aviv, $108M)
Invoice Financing for SMEs
Soonicorn. Stage: Series C
FJ Labs, Spark Capital, Bezos Expeditions and 10
Other Investors
Capital Float (2013, Bangalore, $86M)
Online lending platform for small businesses
Soonicorn. Stage: Series C
Ribbit Capital, SAIF Partners, Sequoia Capital and 5
Other Investors
17. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
List of Notable Companies by Market in Alternative Lending
Notable Companies by Market (7/11)
17
Alternative Lending > Feed Summary > Notable Companies by Market
Business Loans
Working Capital
Lendingkart (2014, Ahmedabad, $66.2M)
Online platform that provides working capital for
SMBs in India
Soonicorn. Stage: Series C
IFMR Capital, Capital First, Manappuram Finance
and 11 Other Investors
Swift Financial (2004, Wilmington, $65.3M)
Working capital financing provider to small
businesses
Stage: Acquired
Sutter Hill Ventures, Village Ventures, Permit
Capital
CAN Capital (1998, New York City, $63M)
Working capital loans for small businesses.
Soonicorn. Stage: Series D
Wells Fargo, Morgan Stanley, Barclays and 13 Other
Investors
Working Capital
Prospa (2012, Sydney, $60M)
Online lending platform for unsecured business
loans.
Soonicorn. Stage: Series B
AirTree Ventures, The Carlyle Group, Ironbridge
Equity Partners and 2 Other Investors
NeoGrowth (2010, Mumbai, $46.5M)
Working capital lending platform
Soonicorn. Stage: Series D
Omidyar Network, Aspada Investments, Khosla
Impact and 12 Other Investors
IOU Financial (2006, Kennesaw)
Working capital loan provider to small businesses.
Stage: Public
Fintech Ventures Fund
Tungsten Network (2000, London)
e-invoicing, invoice financing and analytics
company
Stage: Public
Working Capital
Ulusal Factoring (2001, Istanbul)
Factoring company for SMEs.
Stage: Public
18. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
List of Notable Companies by Market in Alternative Lending
Notable Companies by Market (8/11)
18
Alternative Lending > Feed Summary > Notable Companies by Market
Business Loans
Term Loans
Funding Circle (2010, London, $375M)
P2P lending marketplace for small businesses
Unicorn. Stage: Series F
Accel Partners, Baillie Gifford, DST Global and 8
Other Investors
OnDeck (2007, New York City, $174M)
Online platform for business loans.
Stage: Public
Credit Suisse, IVP, RRE Ventures and 17 Other
Investors
Ezbob (2011, London, $86.9M)
Online lender for business loans.
Soonicorn. Stage: Series C
Shawbrook Bank, Honeycomb Investment Trust,
Leumi Partners and 1 Other Investors
Mortgage Loans
LendingHome (2013, San Francisco, $166M)
Alternative lending and investment platform for
mortgages.
Soonicorn. Stage: Series C
Sberbank, Noah Holdings, Cowboy Ventures and 7
Other Investors
RealtyShares (2013, Mountain View, $65.8M)
Crowdfunding for Real Estate
Soonicorn. Stage: Series C
Cross Creek Advisors, Danhua Capital, Barry
Sternlicht and 7 Other Investors
LendInvest (2013, London, $58.6M)
P2P Lending for Mortgages
Soonicorn. Stage: Series B
Macquarie Group, Atomico, Kunlun
Mortgage Loans
Realty Mogul (2012, Los Angeles, $46.7M)
Online real estate equity and debt based
crowdfunding platform.
Soonicorn. Stage: Series B
Sorenson Capital, Canaan Partners, Microsoft
Ventures and 8 Other Investors
19. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
List of Notable Companies by Market in Alternative Lending
Notable Companies by Market (9/11)
19
Alternative Lending > Feed Summary > Notable Companies by Market
Business Loans
Project Loans
CoAssets (2013, Singapore, $736k)
Real estate crowdfunding platform
Stage: Public
Expara, MDA Singapore
Enablers
Credit Scoring
Voyager Labs (2012, Hod Hasharon, $100M)
Cloud-based social media analytics solution
Soonicorn. Stage: Funded
Horizons Ventures
ZestFinance (2009, Los Angeles, $54M)
Machine Learning technologies to give lenders a
better understanding of risk
Soonicorn. Stage: Series C
Baidu, Fortress Investment, Eastward Capital
Partners and 11 Other Investors
Experian MicroAnalytics (1992, Monaco)
Alternative data-based credit scoring unit of
Experian
Stage: Public
Lead Generation Platforms
Consumer Loans
BankBazaar (2008, Chennai, $110M)
Loan comparison platform
Soonicorn. Stage: Series D
Experian, Amazon, Sequoia Capital and 2 Other
Investors
Zillow (2005, Seattle, $87M)
Real Estate Marketplace
Editor's Pick. Stage: Public
Legg Mason, Benchmark Capital, Technology
Crossover Ventures and 2 Other Investors
LowerMyBills (1999, Santa Monica, $11M)
Comparison Platform for subscription based utility
services and financial products.
Stage: Acquired
St. Paul Venture Capital, Evercore, eCOMPANIES
and 2 Other Investors
MoneyPark (2011, Wollerau)
Advisory platform for financial products
Stage: Acquired
Tamedia
20. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
List of Notable Companies by Market in Alternative Lending
Notable Companies by Market (10/11)
20
Alternative Lending > Feed Summary > Notable Companies by Market
Lead Generation Platforms
Consumer Loans
Mortgage Choice Aust (1994, Sydney)
Financial products comparison platform.
Stage: Public
Business Loans
Biz2Credit (2007, New York City)
Multiple solutions provider to the credit needs of
small businesses.
Soonicorn. Stage: Funded
Direct Lending Investments, Nexus Venture
Partners
Horizontal
NerdWallet (2009, San Francisco, $69M)
Personalized advise about financial products.
Soonicorn. Stage: Series A
Camelot Capital, IGlobe Partners, RRE Ventures and
4 Other Investors
LendingTree (1996, Charlotte)
Loan and other consumer financial product
comparison site.
Stage: Public
MHS Capital, Equifin Capital, Horan MediaTech
Advisors
MoneySuperMarket (1993, Ewloe)
A comparison site for financial products.
Stage: Public
21. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
List of Notable Companies by Market in Alternative Lending
Notable Companies by Market (11/11)
21
Alternative Lending > Feed Summary > Notable Companies by Market
Investment Platform
Investment Platform
Orchard (2013, New York City, $64.7M)
Technology and infrastructure provider for
marketplace lending.
Soonicorn. Stage: Series C
Thrive Capital, Victory Park Capital, Thomvest
Ventures and 8 Other Investors
22. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
List of Notable Companies in Alternative Lending in China
Notable Companies in the Sector in China
22
Alternative Lending > Feed Summary > Notable Companies in the Sector in China
Public
Lufax
(2011, Shanghai, $1.7B)
Qudian
(2014, Beijing, $929M)
Yirendai
(2012, Beijing, $10M)
China Rapid Finance
(2001, Shanghai, $105M)
Unicorns
YiXin Capital (Daikuan)
(2015, Beijing, $2.4B)
Lufax
(2011, Shanghai, $1.7B)
JD Finance
(2012, Beijing, $1B)
Qudian
(2014, Beijing, $929M)
Jiedaibao
(2015, Beijing, $694M)
Dianrong
(2012, Shanghai, $439M)
Tuandaiwang
(2012, Dongguan, $369M)
Fenqile
(2013, Beijing, $345M)
Rong360
(2011, Beijing, $255M)
Jimubox
(2014, Beijing, $131M)
Unicorns
Firstp2p
(2013, Beijing, $122M)
China Rapid Finance
(2001, Shanghai, $105M)
PPDai
(2007, Shanghai, $60M)
Soonicorns
WeLab
(2013, Hong Kong, $400M)
Dashu Finance
(2014, Shenzhen, $210M)
23. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Recent News in Alternative Lending Sector
Recent News
23
Alternative Lending > Feed Summary > Recent News
Nov 2017 MoneyMe raises A$120m for debt securitisation facility, AltFi
Nov 2017
RumbleOn Inc. Announces Strategic Partnership with MotoLease
LLC, GlobeNewswire
Nov 2017
ForwardLine Financial Appoints Experienced Financial Services
Veteran, Steve Carlson, as CEO, PRWeb
Nov 2017 KrazyBee looks to expand in Tamil Nadu, Indiatimes
Nov 2017
Assetz Capital Announcement: Soon to Launch IFISA Set to Include
Manual Lending, Crowdfund Insider
Nov 2017
Orange Growth Capital rebrands as Finch Capital, leads €2 million
round in Ikbenfrits, Tech.eu
Nov 2017
StoreKing Enabling Financial Inclusion in Rural India with Capital
Float, Dataquest
Nov 2017
IOU Financial Inc. Releases Financial Results for the Three and Nine
Month Period Ended September, CNW
Nov 2017
Assetz Capital Completes Latest Seedrs Round With More Than £1.6
Million in Funding, Crowdfund Insider
Nov 2017
Elevate Credit : RISE Product Surpasses $300 Million in Outstanding
Loans, 4-Traders
Nov 2017
Upgrade and Corridor Collaborate on Big Data and Credit Analytics,
PR Newswire
Nov 2017
Auto financial services platform Chedaidai secures Series A+ to
integrate wealth management, & more, AllTechAsia
Nov 2017 SunTrust Agents $250MM Revolver for LendingTree, ABFJournal
Key Recent News Key Recent News
Nov 2017
Finch Capital : Announces Two New Investments in Key
Geographical Markets, 4-Traders
Nov 2017
Flender's lenders throw €400000 towards €2m funding round,
Silicon Republic
Nov 2017
Ivor Wolk Shares Details About His New Role As YieldStreet’s First
General Counsel, Crowdfund Insider
Nov 2017
Assetz funds one of P2P sector’s largest loans for student
development, P2PFinanceNews
Nov 2017 Getbucks Q1 PAT up 66pct , The Source
Nov 2017
Paisabazaar.com announces new product category for short term
personal loans, newKerala.com
Nov 2017
LaterPay Launches First AMP-Enabled Paywall and Subscription
Platform , PRWeb
Nov 2017
Synpromics Announces Collaboration with UCL to Develop
Revolutionary Gene Therapy for Parkinson’s Disease, Business Wire
Nov 2017
AmeriCash Loans Launches New Online Application Features:
Electronic Transfer and Choose Your Location , PRWeb
Nov 2017
Mogo Launches MogoProtect to Help Protect Canadians Against
Identity Fraud, CNW
Nov 2017 Case-Shiller home price index rises 6.2% in September, CNBC
Nov 2017
ICBC Teams Up With JD.com to Offer Digital Banking Services,
Bloomberg
Nov 2017
BioCoin and RCN Have Combined Efforts to Assist Green Businesses
Worldwide, Coinspeaker
24. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Contents
Feed Summary
Investment Trends
Market Details
Exit Outlook
Investors
News
Appendix
24
Funding Trends
Median Deal Size and Trend
New Entrants in Funding Club
Distribution of companies by Funding Range
Funding Funnel of the Sector
Top Investments and Investors
Investors in Unicorn club
25. Some more Sector Reports you might want to check out
Join 4000+ people taking sharper decisions with Tracxn
Logistics Tech
Nov 2017
RealEstate Tech
Nov 2017
Test Preparation
Nov 2017
26. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
$182M
$539M $474M
$762M
$2.1B
$5.3B
$2.8B
$3.3B
0
50
100
150
200
250
300
350
$0k
$1.B
$2.B
$3.B
$4.B
$5.B
$6.B
2010 2011 2012 2013 2014 2015 2016 2017*
$ Funding # Rounds
3 Year CAGR
6 Year CAGR
Investments ($M) and number of rounds in Alternative Lending; 2010-2016
Global Funding Trends (1/2)
26
Note: Funding excludes Grant, Debt and Post IPO rounds. Excludes all details for Chinese companies
*YTD
Alternative Lending > Investment Trends > Global Funding Trends
#Rounds
$Funding
58% $ Funding
55% $ Funding
40% # of Rounds
35% # of Rounds
27. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
$16M $12M $25M $47M $128M $136M $226M $102M
$68M
$175M
$280M
$367M
$580M $1.8B
$1.2B
$1.3B
$99M $352M $169M $347M $1.4B $3.4B $1.4B $2.B
2010 2011 2012 2013 2014 2015 2016 2017 YTD
Seed Early Stage Late Stage
20 28 38 62 132 161 146 97
15 27 22 47
69 119
127
134
7 8 13 18 25 31 40 35
2010 2011 2012 2013 2014 2015 2016 2017 YTD
Seed Early Stage Late Stage
42
266
Total # of Rounds
$78M
$297M $307M $414M
$1.6B
$4.6B
$2.1B
$2.6B
0
5
10
15
20
25
30
35
40
45
50
0
500000000
1E+09
1.5E+09
2E+09
2.5E+09
3E+09
3.5E+09
4E+09
4.5E+09
5E+09
2010 2011 2012 2013 2014 2015 2016 2017 YTD
$ Funding # of Rounds
27
Note: Mega Rounds = rounds with size > $20M. Funding excludes Grant, Debt and Post IPO rounds. Excludes all details for Chinese companies
Stage-wise Number of RoundsStage-wise $ Invested
New Entrants in Funded ClubMega Rounds
Global Funding Trends (2/2)
Investments ($M) and number of rounds in Alternative Lending; 2010-2016
Alternative Lending > Investment Trends > Global Funding Trends
24
31
37
63
118
159
141 573
$2.2M
$2.7M
$0.0M
$0.5M
$1.0M
$1.5M
$2.0M
$2.5M
$3.0M
$3.5M
$4.0M
$4.5M
$5.0M
0
100
200
300
400
500
600
700
2001-2010 2011 2012 2013 2014 2015 2016 Total
Entrants in Funding Club Avg. Ticket Size
3 3 8 11 22 46 46 37 $2.2M $3.1M $1.6M $1.7M $2.9M $4.7M $2.6M $2.7M
$182M
$3.3B
Total $ Invested
28. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201728
Alternative Lending > Investment Trends > Funding Trends by Geography
Investments ($M) and number of rounds in Alternative Lending
Funding Trends by Geography
Funding Trends by Geography Top Cities of Funding
City $ Funding # Rounds
Bay Area 5.6B 212
London 1.4B 135
New York City 1.3B 112
Atlanta 926M 21
Chicago 676M 22
Stockholm 348M 24
Hamburg 345M 18
Los Angeles 321M 28
Wilmington 289M 17
Mumbai 258M 45
Total Funding
665
414
159
43
18
45
8
67
# Rounds
$10.8B
$3.2B
$656M
$395M
$385M
$294M
$217M
$155M
US
Europe
India
Australia
Israel
Latam
New
Zealand
SEA
Note: Excludes funding information of China companies
29. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201729
Trend of Average Deal Size ($M)
$1.4
$0.6
$1.0 $1.0 $1.2 $1.3
$2.2
2010 2011 2012 2013 2014 2015 2016
$4.3
$6.1
$2.9
$8.1 $8.6 $10.1
$7.1
$10.6 $9.8
$28.1
$9.5
$12.4
$37.4
$21.5
$14.1
$50.2
$16.9 $21.7
$65.2
$130.7
$46.1
Alternative Lending > Investment Trends > Median Deal Size and Trend
Median and Average Deal Size in $M (per Stage) in Alternative Lending; 2010-2016
Median Deal Size and Trend
Note: Excludes funding information of Chinese companies. *Graph not to scale
Median Deal Size and Range
$5K* $11M
$50K $31M
$92K $80M
$50K $1B
$22M
$7M
$2.8M
$0.3M
Series C+
Series B
Series A
Seed
Stage
30. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Note: 456 companies with undisclosed funding amount are not included
30
<$1M
$1-10M
$10-50M
$50-100M
$100M+
Funding Range
128
261
127
42
37
No. of Companies
Alternative Lending > Investment Trends > Distribution of companies by Funding Range
No. of companies by funding range in Alternative Lending; as of Dec 2017
Distribution of companies by Funding Range
$43M
$1.B
$2.7B
$2.9B
$10.B
$ Investment
31. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Stage No. of Companies
Funding
Funnel
100%
30%
13%
6%
3%
31
Note: Numbers in the brackets show the count of companies
Time to raise
next round
98
175
400
933
3070
Series C+
Series B
Series A
Funded
Founded
Next
Round
100M+
Valuation
Exits
Acqui-
Hired
Dead
Pooled
Others
30% 2%
(76)
1%
(28)
2%
(74)
5%
(161)
62%
(1902)
43% 8%
(71)
3%
(24)
4%
(36)
4%
(37)
49%
(460)
44% 14%
(57)
3%
(12)
4%
(15)
2%
(8)
51%
(202)
56% 29%
(51)
4%
(7)
5%
(9)
1%
(2)
38%
(66)
- 44%
(43)
5%
(5)
5%
(5)
1%
(1)
32%
(31)
Alternative Lending > Investment Trends > Funding Funnel
Number of companies progressing to subsequent funding stages in Alternative Lending
Funding Funnel
13 Months
14 Months
15 Months
Investment backedBootstrapped
44
7
6
18
1
3
Soonicorns
Unicorns
Acquisitions
IPOs
32. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201732
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Alternative Lending > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Alternative Lending; Dec 2015-Dec 2017
Notable Investments in last 24 months (1/15)
LATE STAGE
$500M - Series F Feb 2017
Social Finance (2011, San Francisco, $2.1B)
Educational loans marketplace
Silver Lake, GPI Capital
$250M - Series F Aug 2017
Kabbage (2009, Atlanta, $491M)
Working capital financing for small businesses.
SoftBank Group
$220M - Series C Aug 2016
Mosaic (2011, Oakland, $247M)
Residential solar financing provider
Warburg Pincus, Core Innovation Capital
$132M - Series C Sep 2017
Neyber (2014, London, $181M)
Offers loans to employees which are repaid through
salary deduction
Goldman Sachs
LATE STAGE
$120M - Series C May 2017
Kreditech (2012, Hamburg, $281M)
Personal lending based on big data points
Naspers
$105M - Series G Apr 2017
Social Finance (2011, San Francisco, $2.1B)
Educational loans marketplace
$100M - PE Nov 2016
Voyager Labs (2012, Hod Hasharon, $100M)
Cloud-based social media analytics solution
Horizons Ventures
$100M - Series F Jan 2017
Funding Circle (2010, London, $375M)
P2P lending marketplace for small businesses
$100M - Series D Apr 2016
Affirm (2012, San Francisco, $420M)
Online lending platform for purchase financing
Founders Fund
LATE STAGE
$95M - Series C Dec 2016
Ygrene Energy Fund (2009, Santa Rosa, $185M)
Offers clean energy financing solutions
Lightyear Capital
$81.2M - PE Aug 2016
InCred Finance (2016, Mumbai, $156M)
Tech NBFC in SME and consumer lending
IDFC, Alpha Capital, Paragon Partners, Bee Finance,
Darashaw & Company
$80M - Series D Dec 2016
Nubank (2013, Sao Paulo, $178M)
MasterCard flagged credit card with a mobile app
DST Global
$78.3M - Series D Mar 2016
Renew Financial (2008, Oakland, $125M)
Financing solutions for renewable energy projects
Braemar Energy Ventures
$75M - PE Sep 2017
InCred Finance (2016, Mumbai, $156M)
Tech NBFC in SME and consumer lending
33. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201733
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Alternative Lending > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Alternative Lending; Dec 2015-Dec 2017
Notable Investments in last 24 months (2/15)
LATE STAGE
$74.9M - PE Feb 2017
Oodle Finance (2016, Oxford, $74.9M)
Automotive loan provider
KKR
$57M - Series C Oct 2017
LendingHome (2013, San Francisco, $166M)
Alternative lending and investment platform for
mortgages.
Sberbank, Noah Holdings
$52M - Series C Jan 2016
Nubank (2013, Sao Paulo, $178M)
MasterCard flagged credit card with a mobile app
Founders Fund
$50M - Series G Sep 2017
Prosper (2005, San Francisco, $410M)
P2P Lending Marketplace
FinEX Asia
$49M - Series D Dec 2016
BlueVine (2013, Redwood City, $113M)
Online invoice factoring company
LATE STAGE
$47.8M - Series D Sep 2017
Younited Credit (2009, Paris, $95.1M)
Online P2P personal loans
Matmut, Zencap Asset Management, Bpifrance
$47.5M - Series C Aug 2016
LendUp (2012, San Francisco, $212M)
Payday loans direct lender
Radicle Impact Partners
$46.8M - Series C May 2016
Payoff (2009, Long Beach, $71.1M)
Provides loans to pay off credit card debt
$46M - Series D Mar 2017
Klarna (2005, Stockholm, $336M)
Provides purchase financing and late payment
options.
Creandum
$46M - Series C Apr 2016
FinanzCheck (2010, Hamburg, $83.6M)
Online comparison site for personal loans and
private financial products
HarbourVest Partners, Acton Capital Partners
LATE STAGE
$45M - Series C Aug 2017
Capital Float (2013, Bangalore, $86M)
Online lending platform for small businesses
Ribbit Capital
$42M - Series E Oct 2017
Credit Sesame (2010, Mountain View, $77M)
Personal finance management and price comparison
of financial products
SF Capital Group
$41.1M - Series F Jun 2017
Zopa (2005, London, $103M)
Online P2P lending marketplace.
Northzone, Spotify
$40M - Series C Jan 2016
BlueVine (2013, Redwood City, $113M)
Online invoice factoring company
Rakuten, Menlo Ventures
$40M - Series C Dec 2015
loanDepot (2010, Foothill Ranch, $72M)
Online platform for consumer loans.
34. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201734
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Alternative Lending > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Alternative Lending; Dec 2015-Dec 2017
Notable Investments in last 24 months (3/15)
LATE STAGE
$40M - Series C Aug 2017
Prodigy Finance (2007, London, $53.7M)
Online platform for community loans for
international business school students.
Index Ventures
$37.5M - Series C Jul 2016
CommonBond (2011, Brooklyn, $179M)
Online lending platform for education loans.
Victory Park Capital, Neuberger Berman
$35M - Series D Jul 2016
NeoGrowth (2010, Mumbai, $46.5M)
Working capital lending platform
India Infoline Asset Management
$34M - Series C Sep 2016
Smava (2006, Berlin, $66.4M)
A comparison platform of consumer credit products
Verdane Capital, Runa Capital, Mojo Capital
LATE STAGE
$32.5M - Series D Mar 2017
Upstart (2012, Palo Alto, $85.7M)
An online lending platform.
Third Point Ventures
$30M - Series D Oct 2017
BankBazaar (2008, Chennai, $110M)
Loan comparison platform
Experian
$30M - Series D Mar 2016
Swift Capital (2006, Wilmington, $98.8M)
Provides merchant cash advance
Third Point Ventures, Khosla Ventures, First Round
Capital
$30M - Series C Nov 2016
Ygrene Energy Fund (2009, Santa Rosa, $185M)
Offers clean energy financing solutions
New Energy Capital
LATE STAGE
$30M - Series C Apr 2017
College Ave (2014, Wilmington, $50M)
Student loans marketplace
Leading Edge Ventures
$29.5M - Series C Mar 2016
Future Finance (2013, Dublin, $58.2M)
Lending platform for Education Loans
QED Investors, The Blackstone Group, Ridge Road
Partners, Fenway Summer Ventures, One Zero
Capital
$28M - Series C Mar 2016
Ezbob (2011, London, $86.9M)
Online lender for business loans.
Leumi Partners
$28M - Series C Sep 2017
RealtyShares (2013, Mountain View, $65.8M)
Crowdfunding for Real Estate
Cross Creek Advisors, Danhua Capital, Bow Capital
35. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201735
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Alternative Lending > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Alternative Lending; Dec 2015-Dec 2017
Notable Investments in last 24 months (4/15)
LATE STAGE
$27.7M - Series C Aug 2017
Neyber (2014, London, $181M)
Offers loans to employees which are repaid through
salary deduction
Wadhawan Global Capita
$27.1M - Series C Oct 2016
Iwoca (2011, London, $58.5M)
Online lending platform for small businesses.
Prime Ventures
$27M - Series C Aug 2016
Behalf (2011, Raanana, $156M)
Lending platform for SMBs
Viola Group
$25M - Series C Oct 2017
Lendingkart (2014, Ahmedabad, $66.2M)
Online platform that provides working capital for
SMBs in India
IFMR Capital, Capital First, Manappuram Finance
$25M - Series C Apr 2016
SocietyOne (2011, Sydney, $54.5M)
Online personal P2P unsecured loans
LATE STAGE
$22.5M - PE May 2016
iBorrow (2002, Los Angeles, $22.5M)
Commercial real estate financing platform.
$20M - Series C Aug 2017
Orchard (2013, New York City, $64.7M)
Technology and infrastructure provider for
marketplace lending.
$20M - Series C Oct 2016
Lendio (2011, South Jordan, $51M)
Loans marketplace for SMBs
Comcast Ventures, Stereo Capital
$13.1M - Series C Aug 2017
Vyze (2008, Austin, $48.1M)
B2C marketplace for financing solutions at PoS.
Fathom Capital
$11M - Series C Mar 2016
Kreditech (2012, Hamburg, $281M)
Personal lending based on big data points
IFC
LATE STAGE
$10.6M - Series C Dec 2016
Kreditech (2012, Hamburg, $281M)
Personal lending based on big data points
Rakuten
$8M - Series C Jul 2017
LendKey Technologies (2007, New York City,
$33M)
Student & Home improvement loans online by local
community lenders
North Atlantic Capital
$5.9M - Series C Apr 2016
Borro (2008, London, $75.7M)
Alternative lending platform for asset backed loans.
PE Aug 2017
Insikt (2012, San Francisco, $23.4M)
White label platform for online lending
LEAP Global Partners
36. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201736
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Alternative Lending > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Alternative Lending; Dec 2015-Dec 2017
Notable Investments in last 24 months (5/15)
LATE STAGE
Series D Jun 2016
Klarna (2005, Stockholm, $336M)
Provides purchase financing and late payment
options.
FJ Labs
Series D Jan 2017
NeoGrowth (2010, Mumbai, $46.5M)
Working capital lending platform
Series D Feb 2016
Auxmoney (2007, Dusseldorf, $28M)
Online lending platform for P2P loans.
SevenVentures
Series C Jun 2017
LendUp (2012, San Francisco, $212M)
Payday loans direct lender
PayPal
Series C Apr 2016
BlueVine (2013, Redwood City, $113M)
Online invoice factoring company
Citi
LATE STAGE
Series C Jun 2016
Fundbox (2012, Tel Aviv, $108M)
Invoice Financing for SMEs
FJ Labs
Series C Jul 2017
Iwoca (2011, London, $58.5M)
Online lending platform for small businesses.
Intesa Sanpaolo
Series C Jul 2016
ZestFinance (2009, Los Angeles, $54M)
Machine Learning technologies to give lenders a
better understanding of risk
Baidu
Series C Jun 2016
Insikt (2012, San Francisco, $23.4M)
White label platform for online lending
EARLY STAGE
$150M - Series B Jan 2016
LendUp (2012, San Francisco, $212M)
Payday loans direct lender
Susa Ventures, Eagle Cliff Partners
$126M - Series B Aug 2017
Bread Finance (2014, New York City, $140M)
Online lending platform for purchase financing.
Menlo Ventures, Victory Park Capital
$103M - Series A Oct 2017
Finova Financial (2015, San Francisco, $155M)
Direct lender for car title loans
$70M - Series B Sep 2017
Braavo (2015, New York City, $70M)
Revenue-based financing platform for mobile app
developers
Mark 2 Capital
$60M - Series A Dec 2015
MoneyPlace (2014, Melbourne, $60M)
Online platform for unsecured consumer and
personal loans
Auswide Bank
37. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201737
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Alternative Lending > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Alternative Lending; Dec 2015-Dec 2017
Notable Investments in last 24 months (6/15)
EARLY STAGE
$60M - Series A Apr 2017
Upgrade (2016, San Francisco, $60M)
Online platform for personal loans with credit
monitoring services
Union Square Ventures, Ribbit Capital, Vy Capital,
Silicon Valley Bank, CreditEase, Noah Holdings,
Sands Capital Management, UpRising
$53M - Series B Oct 2017
SalaryFinance (2015, London, $63.4M)
Online lending platform for employer loans.
Legal & General, Blenheim Chalcot
$50M - Series B Sep 2016
GreenSky (2006, Atlanta, $410M)
Purchase finance provider
Fifth Third Bancorp
$50M - Series B Jul 2017
MoneyMax (2013, Makati, $50M)
Financial comparison platform in Philippines
IFC, H&Q Asia Pacific, Goldman Sachs, Nova
Founders Capital, ACE and Company, Route 66
Ventures
EARLY STAGE
$40M - Series B Aug 2017
Juvo (2014, San Francisco, $59.3M)
Mobile usage behavior based credit scoring to
facilitate financial inclusion
New Enterprise Associates, SignalFire
$35M - Series A Dec 2016
BillFront (2014, London, $36.3M)
Online lending platform for media companies and
app developers
NIBC, 4Finance
$34.2M - Series B Feb 2016
SpotCap (2013, Berlin, $117M)
Alternate lending platform providing credit lines to
businesses.
Finstar Financial Group
$31.3M - Series B Jun 2017
AfforditNOW (2012, Altrincham, $31.3M)
Purchase financing solution provider at online and
offline points of sale
EARLY STAGE
$30M - Series B Mar 2016
Ygrene Energy Fund (2009, Santa Rosa, $185M)
Offers clean energy financing solutions
$30M - Series B Feb 2017
Tala (2012, Los Angeles, $41.5M)
Micro loans for consumers based on smartphone
data
IVP, Ribbit Capital
$30M - Series B Feb 2016
MoneyMe (2013, Sydney, $31M)
Lending Platform for Payday loans
$30M - Series A Jun 2016
Better Mortgage (2014, New York City, $45M)
Alternative lender for Mortgage loans and refinance
Goldman Sachs, IA Ventures, One Zero Capital
$30M - Series A Mar 2016
Figtree Financing (2010, San Diego, $30M)
PACE financing provider for property owners.
38. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201738
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Alternative Lending > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Alternative Lending; Dec 2015-Dec 2017
Notable Investments in last 24 months (7/15)
EARLY STAGE
$27M - Series B Aug 2016
Clara (2000, San Francisco, $27M)
Online lending platform for home financing.
Redpoint Ventures, Venrock
$25.8M - Series B Oct 2017
SpotCap (2013, Berlin, $117M)
Alternate lending platform providing credit lines to
businesses.
$25M - Series B May 2016
Capital Float (2013, Bangalore, $86M)
Online lending platform for small businesses
Creation Investments
$25M - Series B Sep 2016
Nav (2012, San Mateo, $45M)
Business credit monitoring and financing
Experian
$25M - Series A May 2017
Neighborly (2011, Kansas City, $30.5M)
Community investment marketplace
Abstract Ventures, Govtech Fund, Stanford
University, FinTech Collective, Sound Ventures
EARLY STAGE
$24.4M - Series B Mar 2016
LendInvest (2013, London, $58.6M)
P2P Lending for Mortgages
Atomico
$23.9M - Series B Sep 2017
Habito (2015, London, $35M)
Online mortgage broker.
Atomico
$22.7M - Series B Mar 2017
Creamfinance (2012, Warsaw, $30M)
Short Term Personal Loans
Capitec Bank
$22.5M - Series A Dec 2016
Moneylion (2013, New York City, $25.5M)
Online unsecured personal loans and personal
finance management
Edison Partners, FinTech Collective, Broadhaven
Capital Partners, Montage Ventures, Clocktower
Technology Ventures
EARLY STAGE
$22.5M - Series A Apr 2016
Splitit (2009, New York City, $22.5M)
Purchase financing
$20.6M - Series B Jun 2016
ZIPMONEY (2013, Sydney, $21.6M)
Online payments and consumer finance lending for
eCommerce and retail
$20.4M - Series B Apr 2017
Fleximize (2013, Ipswich, $20.4M)
UK based business lending
Hadrians Wall Capital
$20M - Series B Jun 2016
Lendingkart (2014, Ahmedabad, $66.2M)
Online platform that provides working capital for
SMBs in India
Bertelsmann India Investments
$20M - Series B Feb 2016
RealtyShares (2013, Mountain View, $65.8M)
Crowdfunding for Real Estate
Union Square Ventures
39. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201739
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Alternative Lending > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Alternative Lending; Dec 2015-Dec 2017
Notable Investments in last 24 months (8/15)
EARLY STAGE
$20M - Series B Jan 2016
College Ave (2014, Wilmington, $50M)
Student loans marketplace
Comcast Ventures, Dw Investments, Fenway
Summer Ventures
$20M - Series B Jun 2016
Pearl Capital (2006, New York City, $27.1M)
Platform to connect small business borrowers with
Independent Sales Organization (ISO) network for
funds.
Arena Investors
$20M - Series B Jun 2016
Bizfi (2005, New York City, $20M)
Credit product aggregator
$19.2M - Series B Feb 2017
Prospa (2012, Sydney, $60M)
Online lending platform for unsecured business
loans.
EARLY STAGE
$17M - Series A May 2016
AutoFi (2015, San Francisco, $29.5M)
Point of sale solution for financing a vehicle online
Ford
$16.7M - Series B May 2017
RateSetter (2010, London, $55M)
Online lending platform for P2P loans.
$15.8M - Series B Oct 2017
Compeon (2012, Emsdetten, $18.6M)
Comparison platform for business financial products
$15.8M - Series B May 2016
SpotCap (2013, Berlin, $117M)
Alternate lending platform providing credit lines to
businesses.
$15M - Series B Feb 2017
Better Mortgage (2014, New York City, $45M)
Alternative lender for Mortgage loans and refinance
Pine Brook Partners, KPCB
EARLY STAGE
$15M - Series A May 2016
Tally App (2015, San Francisco, $17M)
Credit Card management app
Shasta Ventures, Silicon Valley Bank
$15M - Series A Jul 2016
Wishfin (2008, Noida, $15.2M)
Loan comparison platform
Franklin Templeton India
$14M - Series A Sep 2016
Juvo (2014, San Francisco, $59.3M)
Mobile usage behavior based credit scoring to
facilitate financial inclusion
Wing Venture Capital, Seed—Resolute, Freestyle
Capital
$13.5M - Series B Apr 2016
Lendix (2014, Paris, $25.2M)
Online lending platform for SME loans.
CNP Assurances, Zencap Asset Management
$13M - Series B Jun 2016
Vyze (2008, Austin, $48.1M)
B2C marketplace for financing solutions at PoS.
40. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201740
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Alternative Lending > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Alternative Lending; Dec 2015-Dec 2017
Notable Investments in last 24 months (9/15)
EARLY STAGE
$13M - Series B May 2017
Nav (2012, San Mateo, $45M)
Business credit monitoring and financing
Goldman Sachs, Point72 Ventures, Clocktower
Technology Ventures
$12M - Series A May 2017
Blispay (2014, Baltimore, $29.6M)
A mobile based credit product
FPrime Capital Partners
$10.5M - Series B Sep 2017
Lendingkart (2014, Ahmedabad, $66.2M)
Online platform that provides working capital for
SMBs in India
Sistema
$10.1M - Series B Dec 2016
Indifi (2015, Gurgaon, $15.1M)
SME lending platform
Omidyar Network
EARLY STAGE
$10M - Series B Jun 2017
MoneySmart (2011, Singapore, $12.4M)
Financial products comparison platform
Kakaku.com
$10M - Series A Aug 2017
AutoFi (2015, San Francisco, $29.5M)
Point of sale solution for financing a vehicle online
$10M - Series A Jun 2016
Troo.ly (2014, Palo Alto, $10M)
Provider of trust rating service for peer-to-peer
marketplaces.
Bain Capital Ventures, Milliways Ventures
$9.6M - Series B Jul 2016
MarketInvoice (2010, London, $46.8M)
B2C marketplace for invoice financing
MCI Capital
$9.5M - Series A Jul 2017
Borrowell (2014, Toronto, $21.3M)
Alternative lending platform for personal and
business loans
Portag3 Ventures, White Star Capital
EARLY STAGE
$9.3M - Series B Apr 2017
Neyber (2014, London, $181M)
Offers loans to employees which are repaid through
salary deduction
Police Mutual
$9.2M - Series A Mar 2016
Branch (2014, San Francisco, $10.6M)
Short term lending mobile application.
Andreessen Horowitz
$9.1M - Series A Jul 2016
Exporo (2014, Hamburg, $18M)
Real Estate investment platform.
e.ventures, Holtzbrinck Ventures
$9M - Series A Jun 2017
MoneyTap (2015, Bangalore, $12.3M)
App-based credit line
Sequoia Capital, Prime Venture Partners
41. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201741
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Alternative Lending > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Alternative Lending; Dec 2015-Dec 2017
Notable Investments in last 24 months (10/15)
EARLY STAGE
$8.9M - Series B May 2017
Exporo (2014, Hamburg, $18M)
Real Estate investment platform.
Sunstone
$8.6M - Series A Jan 2016
Neyber (2014, London, $181M)
Offers loans to employees which are repaid through
salary deduction
$8.5M - Series A Jul 2016
PayJoy (2015, California, $17.8M)
Online purchase financing platform.
Union Square Ventures, Draper Nexus, Fenway
Summer Ventures, Core Innovation Capital, Orange
Digital Ventures
$8.4M - Series A Jan 2017
Habito (2015, London, $35M)
Online mortgage broker.
Ribbit Capital, Build Capital
EARLY STAGE
$8M - Series A Apr 2016
Pave (2012, New York City, $313M)
Online lending platform for personal loans.
Maxfield Capital
$7.7M - Series A Oct 2016
Octane Lending (2013, New York City, $12.4M)
Unified loan application platform for Powersports.
Berenson and Company, IA Ventures
$7.5M - Series A Aug 2016
Funding Societies (2015, Singapore, $7.5M)
Online P2P lending platform for SMEs
Sequoia Capital, Alpha JWC Ventures
$6.5M - Series A Dec 2016
Zest Money (2015, Bangalore, $8.5M)
Lending platform for consumers to make
ecommerce purchases
PayUbiz
EARLY STAGE
$6.4M - Series A Feb 2016
Borrowell (2014, Toronto, $21.3M)
Alternative lending platform for personal and
business loans
Power financial, Freycinet Ventures
$6.3M - Series B Aug 2017
Flexiti Financial (2013, Toronto, $14.3M)
POS financing
$6.3M - Series A Oct 2016
Kredx (2015, Bangalore, $7M)
Invoice discounting marketplace
Sequoia Capital
$6M - Series A Sep 2017
PayJoy (2015, California, $17.8M)
Online purchase financing platform.
Santander InnoVentures, ITOCHU Corporation
$5.5M - Series A Sep 2017
dv01 (2014, New York City, $20M)
Analytics firm that evaluates loans listed on P2P
lending platforms.
OCA Ventures
42. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201742
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Alternative Lending > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Alternative Lending; Dec 2015-Dec 2017
Notable Investments in last 24 months (11/15)
EARLY STAGE
$5.4M - Series A Jun 2017
FinMkt (2011, New York City, $7.3M)
Technology solutions enabling marketplace lending
Seraph Group, Vectr Ventures, ManchesterStory
Group
$5.3M - Series A Mar 2016
Juvo (2014, San Francisco, $59.3M)
Mobile usage behavior based credit scoring to
facilitate financial inclusion
$5M - Series B Sep 2017
CreditVidya (2012, Mumbai, $7.2M)
Alternate credit scoring platform
Matrix Partners India
$5M - Series A Nov 2016
Flexiti Financial (2013, Toronto, $14.3M)
POS financing
Globalive Capital
$5M - Series A Jul 2017
Aire (2014, London, $8.4M)
Company offering credit scores to individuals using
machine learning algorithms.
EARLY STAGE
$4.7M - Series A Feb 2016
Landbay (2013, London, $11.4M)
P2P lending platform for residential mortgage
investments.
$4.1M - Series A Jan 2017
Octane Lending (2013, New York City, $12.4M)
Unified loan application platform for Powersports.
Third Prime Capital, Contour Venture Partners,
FinTech Collective, FundersClub
$4M - Series A May 2017
EarlySalary (2015, Pune, $5.5M)
NBFC linked lending platform for consumer loans
IDG Ventures India, Deewan Housing Finance
Corporation, Vistra
$4M - Series A Dec 2016
IndiaLends (2014, Delhi, $5.3M)
Web-based personal loans marketplace
American Express, AdvantEdge
EARLY STAGE
$4M - Series A Jul 2017
Vayana Network (2009, Pune, $4M)
Invoice financing platform
Jungle Ventures, IDG Ventures India
$3.9M - Series A Jul 2016
Lending Works (2012, London, $9.6M)
Online P2P lending platform for personal loans and
investments.
NVM Private Equity
$3.8M - Series A Oct 2016
Bezahlt (2016, Berlin, $9.7M)
Online Invoice financing platform
German Startups Group
$3.3M - Series A Feb 2017
EVEN Financial (2014, New York City, $6.1M)
Supply side platform for marketplace lending
$3.3M - Series B Mar 2017
SunFunder (2012, San Francisco, $6.3M)
Crowdfunding for solar projects
43. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201743
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Alternative Lending > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Alternative Lending; Dec 2015-Dec 2017
Notable Investments in last 24 months (12/15)
EARLY STAGE
$3.3M - Series A Aug 2016
Zuto (2006, Macclesfield, $15M)
Online service provider for auto finance
Barclays
$3.1M - Series A Aug 2017
Landbay (2013, London, $11.4M)
P2P lending platform for residential mortgage
investments.
$3M - Series B Apr 2017
RealtyShares (2013, Mountain View, $65.8M)
Crowdfunding for Real Estate
$3M - Series A Mar 2017
Rubique (2014, Mumbai, $7M)
Online marketplace for financial products
$3M - Series A Jun 2017
Moneylion (2013, New York City, $25.5M)
Online unsecured personal loans and personal
finance management
EARLY STAGE
$2.8M - Series A Sep 2016
Unilend (2013, Paris, $11.2M)
P2P lending platform for business loans
NewAlpha
$2.5M - Series A Nov 2016
Blackmoon Financial Group (2014, Nicosia,
$3.5M)
Securitization of Marketplace loans
Target Global
$2M - Series B May 2016
RealtyShares (2013, Mountain View, $65.8M)
Crowdfunding for Real Estate
$2M - Series A Oct 2016
Aire (2014, London, $8.4M)
Company offering credit scores to individuals using
machine learning algorithms.
White Star Capital, Sunstone
$2M - Series A Jun 2016
CreditVidya (2012, Mumbai, $7.2M)
Alternate credit scoring platform
Kalaari Capital
EARLY STAGE
$2M - Series A Oct 2017
SlicePay (2015, Bangalore, $2.5M)
EMI based purchase loans for students
Simile Venture Partners
$1.7M - Series B Oct 2016
Realty Mogul (2012, Los Angeles, $46.7M)
Online real estate equity and debt based
crowdfunding platform.
$1.5M - Series B Aug 2017
RealtyShares (2013, Mountain View, $65.8M)
Crowdfunding for Real Estate
$1.5M - Series A Aug 2016
Faircent (2013, Delhi, $1.8M)
P2P lending marketplace
Brand Capital
$1.2M - Series A Apr 2016
Modalku (2016, Jakarta, $1.2M)
Marketplace for business loans
Alpha JWC Ventures
44. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201744
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Alternative Lending > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Alternative Lending; Dec 2015-Dec 2017
Notable Investments in last 24 months (13/15)
EARLY STAGE
$1.1M - Series A Jul 2016
ClimbCredit (2014, New York City, $3.1M)
Offers student financing
$391k - Series A Sep 2016
Rubique (2014, Mumbai, $7M)
Online marketplace for financial products
Series A Sep 2016
FastPay (2009, Beverly Hills, $15M)
Working capital solutions for digital media
businesses.
Citi Ventures
Series A Apr 2016
Aire (2014, London, $8.4M)
Company offering credit scores to individuals using
machine learning algorithms.
Accion
Series A Sep 2017
Cloud Lending (2012, Bangalore, $8.1M)
Cloud based management platforms for lending
institutions.
ABN AMRO Bank
EARLY STAGE
Series A Feb 2017
Cloud Lending (2012, Bangalore, $8.1M)
Cloud based management platforms for lending
institutions.
Cota Capital
Series A Aug 2017
Simpl (2014, Mumbai, $2.6M)
Credit amount to buy online and pay later with
registered merchants
SF Capital Group
Series A May 2016
Faircent (2013, Delhi, $1.8M)
P2P lending marketplace
JM Financial
SEED STAGE
$52.5M - Seed Aug 2016
Finova Financial (2015, San Francisco, $155M)
Direct lender for car title loans
MHS Capital, Coventure, Refactor Capital, Compound
$12.8M - Seed Mar 2016
Blispay (2014, Baltimore, $29.6M)
A mobile based credit product
FirstMark, Accomplice, TriplePoint Capital, New
Enterprise Associates
$7.5M - Seed Jun 2016
dv01 (2014, New York City, $20M)
Analytics firm that evaluates loans listed on P2P
lending platforms.
Leucadia National, Pivot Investment Partners
$5.9M - Seed Jan 2017
Bezahlt (2016, Berlin, $9.7M)
Online Invoice financing platform
Redalpine, DN Capital
45. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201745
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Alternative Lending > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Alternative Lending; Dec 2015-Dec 2017
Notable Investments in last 24 months (14/15)
SEED STAGE
$5.4M - Seed Oct 2016
Finrise (2015, San Mateo, $5.4M)
Offers healthcare financing
NFX Guild, Mayfield, Western Technology
Investment
$5M - Seed Mar 2016
dv01 (2014, New York City, $20M)
Analytics firm that evaluates loans listed on P2P
lending platforms.
Jefferies
$3.8M - Angel Apr 2017
CASHe (2016, Mumbai, $3.8M)
Short term personal loan platform
$3.6M - Seed Dec 2016
Blispay (2014, Baltimore, $29.6M)
A mobile based credit product
$2.3M - Seed Dec 2015
PayJoy (2015, California, $17.8M)
Online purchase financing platform.
Red Swan Ventures, Compound
SEED STAGE
$2.3M - Seed Apr 2016
Liwwa (2013, Amman, $2.3M)
Peer-to-peer investments in small businesses
$2.2M - Seed Apr 2016
Habito (2015, London, $35M)
Online mortgage broker.
Mosaic Ventures, Revolution
$2.2M - Seed Feb 2016
Mintos (2014, Riga, $2.2M)
An online marketplace lending platform.
Skillion Ventures
$2M - Angel Jun 2016
ePayLater (2016, Mumbai, $2M)
Checkout platform offering pay later option to users
$1.6M - Seed May 2016
Propellr (2013, New York City, $1.6M)
An online platform for investing in alternative
investment assets.
SEED STAGE
$1.3M - Equity Crowdfunding Jun 2016
FundedByMe (2010, Stockholm, $2.9M)
Online equity-based and loan-based crowdfunding
platform.
FundedByMe
$1.3M - Seed Nov 2016
Simpl (2014, Mumbai, $2.6M)
Credit amount to buy online and pay later with
registered merchants
$1.2M - Angel Feb 2017
Bitbond (2013, Berlin, $2.1M)
P2P lending platform for small businesses
$1M - Seed Dec 2015
PayJoy (2015, California, $17.8M)
Online purchase financing platform.
$1M - Seed Apr 2017
Patch Homes (2016, San Francisco, $1.1M)
Home equity financing at 0% interest and 0 EMI
Kima Ventures
46. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201746
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Alternative Lending > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Alternative Lending; Dec 2015-Dec 2017
Notable Investments in last 24 months (15/15)
SEED STAGE
$750k - Seed Apr 2016
Kredx (2015, Bangalore, $7M)
Invoice discounting marketplace
Prime Venture Partners
$500k - Seed Feb 2016
SlicePay (2015, Bangalore, $2.5M)
EMI based purchase loans for students
TracxnLabs, Blume Ventures
$166k - Seed Dec 2015
Wishfin (2008, Noida, $15.2M)
Loan comparison platform
Sherpalo Ventures, Venture Highway
$120k - Seed Sep 2016
Patch Homes (2016, San Francisco, $1.1M)
Home equity financing at 0% interest and 0 EMI
Techstars
Seed May 2017
Bitbond (2013, Berlin, $2.1M)
P2P lending platform for small businesses
Obotritia Capital
SEED STAGE
Angel Mar 2016
SwitchMe (2012, Mumbai)
Home loan switching platform
Singapore Angel Network, 3one4 Capital
Seed Feb 2016
SwitchMe (2012, Mumbai)
Home loan switching platform
500 Startups
47. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201747
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Alternative Lending > Investment Trends > Notable Investments in last 24 months in China
Major funding rounds by Stage in Alternative Lending; Dec 2015-Dec 2017
Notable Investments in last 24 months in China
LATE STAGE
$1.5B - PE Apr 2017
YiXin Capital (Daikuan) (2015, Beijing, $2.4B)
Online platform for automobile financing
Agricultural Bank of China
$550M - PE Aug 2016
YiXin Capital (Daikuan) (2015, Beijing, $2.4B)
Online platform for automobile financing
Baidu
$449M - Series F Jun 2016
Qudian (2014, Beijing, $929M)
Online microloan / installment plan provider for e-
commerce purchases
$263M - Series D May 2017
Tuandaiwang (2012, Dongguan, $369M)
P2P lending and investment platform
wangadaizhijia, China Minsheng Investment
$235M - Series D Jun 2016
Fenqile (2013, Beijing, $345M)
Online microloan e-commerce
LATE STAGE
$220M - Series D Aug 2017
Dianrong (2012, Shanghai, $439M)
China's P2P Leading Platform
GIC, China Minsheng Investment, Simone Investment
Managers
$152M - Series C May 2016
Weidai (2011, Hangzhou, $192M)
P2P Lending platform in China
Vision Knight Capital
$118M - Series C Jul 2017
Dashu Finance (2014, Shenzhen, $210M)
Online platform offering loans to consumersand
SMEs
Primavera Capital Group, China Everbright
$72.8M - Series D Mar 2017
P Omni Prime (2014, Shanghai, $138M)
Mobile based purchase finance solution
Jingdong Group, Hony Capital
LATE STAGE
$72.3M - Series C Nov 2016
QuantGroup (2014, Beijing, $75.8M)
Online financial services including credit-based
consumption and IOUs
$71M - Series C Sep 2016
Firstp2p (2013, Beijing, $122M)
P2P lending platform for SMEs
$67.8M - Series C Mar 2017
Daixiaomi (2013, Beijing, $95.9M)
Online B2C marketplace lending platform for
consumers and SMEs
Sinovation Ventures
$67M - Series C Mar 2017
YongQingBao (2013, Beijing, $90.7M)
AI based personal loans platform for consumers to
take short term loans
Cash Capital, Source Code Capital
48. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Most Active Investors (VC, PE) by Stage in Alternative Lending; Last 5 years (Dec 2012-Dec 2017)
Most Active VC & PE Investors
48
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Alternative Lending > Investment Trends > Most Active VC & PE Investors
SEED STAGE
East Ventures(4 Investments)
Cermati, MoolahSense, Cicil.co
1
FJ Labs (4 Investments)
Insikt, AutoFi, Moni
2
Village Capital(4 Investments)
mPower Financing, Student Loan Genius, Fig Loans
3
Access Ventures(3 Investments)
Student Loan Genius, Fig Loans, Quotanda
4
Alpha JWC Ventures (3 Investments)
UangTeman, Kredivo, FinAccel
5
Brooklyn Bridge Ventures (3 Investments)
Orchard, EVEN Financial, Petal
6
Collaborative Fund (3 Investments)
Earnest, Tala, Camino Financial
7
DN Capital(3 Investments)
Bezahlt, Divido, Finiata
8
Fenway Summer Ventures(3 Investments)
SelfScore, PeerIQ, Lendable
9
Kapor Capital (3 Investments)
Bolstr, LendStreet, Student Loan Genius
10
EARLY STAGE
QED Investors (8 Investments)
LendUp, Nubank, Fundera
1
Sequoia Capital (7 Investments)
BankBazaar, Capital Float, MoneyTap
2
Blumberg Capital(5 Investments)
Kreditech, Fundbox, Zibby
3
SF Capital Group (5 Investments)
Patch of Land, DriverUp, Lenda
4
Fenway Summer Ventures(4 Investments)
College Ave, PayJoy, StreetShares
5
FinTech Collective(4 Investments)
Octane Lending, Moneylion, Neighborly
6
Holtzbrinck Ventures(4 Investments)
SpotCap, Exporo, Compeon
7
Jungle Ventures(4 Investments)
Milaap, PaySense, iMoney Group
8
Khosla Ventures(4 Investments)
Affirm, Upstart, Fundera
9
MissionOG (4 Investments)
Behalf, Zibby, DemystData
10
LATE STAGE
DST Global (4 Investments)
Funding Circle, Lending Club, GreenSky
1
IVP (4 Investments)
Social Finance, Prosper, OnDeck
2
QED Investors (3 Investments)
GreenSky, Future Finance, CAN Capital
3
Runa Capital (3 Investments)
Zopa, Smava, Lendio
4
Third Point Ventures(3 Investments)
Social Finance, Upstart, Swift Capital
5
DFJ (2 Investments)
Avant, Renovate America
6
Eurazeo(2 Investments)
PRÊT D'UNION, Younited Credit
7
First Round Capital (2 Investments)
LendingHome, Swift Capital
8
FJ Labs (2 Investments)
Klarna, Fundbox
9
Founders Fund (2 Investments)
Affirm, Nubank
10
49. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201749
Alternative Lending > Investment Trends > Most Active Ecosystem Investors
Top Ecosystem Investors in Alternative Lending; Last 5 years (Dec 2012-Dec 2017)
Most Active Ecosystem Investors
INCUBATOR
500 Startups(20 Investments)
RealtyShares, Konfío, Finova Financial
1
Y Combinator(16 Investments)
Legalist, AlphaFlow, RedCarpetUp
2
Techstars(12 Investments)
Realty Mogul, Self Lender, Wunder
3
Plug and Play Tech Center(9 Investments)
Lending Club, Credit Sesame, RevolutionCredit
4
Speedinvest(7 Investments)
Cashpresso, Tradico, FinCompare
5
Kejora(6 Investments)
Crowdo, MoneyTable, CekAja
6
Barclays Accelerator(4 Investments)
Aire, NoviCap, INuka Pap
7
Boost VC(4 Investments)
The Sun Exchange, Loanbase, Blossom Finance
8
H2 Ventures(4 Investments)
LoanDolphin, Valiant, Edstart
9
MetaProp NYC(4 Investments)
RealtyShares, Lenda, AlphaFlow
10
OTHER NOTABLE INVESTORS
Victory Park Capital(20 Investments)
Kabbage, LendUp, CommonBond
1
Accion(18 Investments)
Konfío, RevolutionCredit, Aire
2
Ribbit Capital(11 Investments)
Funding Circle, Avant, LendingHome
3
Startupbootcamp(11 Investments)
Storm, FriendlyScore, investUP
4
GLI Finance(9 Investments)
Funding Options, Finexkap, Liftforward
5
Goldman Sachs(9 Investments)
Nav, MoneyMax, Nubank
6
IFC(7 Investments)
MoneyMax, Kreditech, Konfío
7
FundersClub(6 Investments)
Octane Lending, BTCJam, AlphaFlow
8
Seedrs(6 Investments)
Assetz Capital, Landbay, Flender
9
Jefferies(5 Investments)
Affirm, Avant, Bond Street
10
DEBT INVESTORS
Western Technology Investment(14
Investments)
Global Analytics, Juvo, Behalf
1
Kreos Capital(7 Investments)
Wonga, BlueVine, Smava
2
Silicon Valley Bank(7 Investments)
Affirm, NerdWallet, BlueVine
3
IFMR Trust(4 Investments)
Capital Float, Lendingkart, EarlySalary
4
British Business Bank(2 Investments)
RateSetter, MarketInvoice
5
Crystal Financial(2 Investments)
Global Analytics, Easyhome
6
Eastward Capital Partners(2 Investments)
ZestFinance, The Receivables Exchange
7
Honeycomb Investment Trust(2
Investments)
Ezbob, Pay4Later
8
North Atlantic Capital(2 Investments)
LendKey Technologies
9
BEST Funds
Financeit
10
50. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201750
Alternative Lending > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (1/7)
51. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201751
Alternative Lending > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (2/7)
52. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201752
Alternative Lending > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (3/7)
53. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201753
Alternative Lending > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (4/7)
54. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201754
Alternative Lending > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (5/7)
55. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201755
Alternative Lending > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (6/7)
56. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201756
Alternative Lending > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (7/7)
57. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201757
Alternative Lending > Investment Trends > Unicorn Investors in the Sector
Unicorn Investors in the Sector
58. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Contents
Feed Summary
Investment Trend
Market Details
Exit Outlook
Investors
News
Appendix
58
BlueBox
Key Sub Sectors
Detailed Sector Taxonomy
Top Markets of Investment Activity
Top Markets of Early Stage Investors
Other Notable Markets
Market Deep Dive
59. Some more Sector Reports you might want to check out
Join 4000+ people taking sharper decisions with Tracxn
Banking Tech
Nov 2017
Insurance Tech
Nov 2017
Mobile Payments
Nov 2017
60. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
December 2017Tracxn BlueBox – Alternative Lending
60
Alternative Lending > Market Details > Bluebox
61. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Key Sub Sectors
61
Key Sub Sectors in Alternative Lending
Market Top Companies
# Cos
Tracked
#
Funded
Total
Funding
Consumer Loans
Lending platforms which offer loan products for consumers
Lending Club (2006, San Francisco, Public)
Social Finance (2011, San Francisco, $2.1B)
1432 420 $11.1B
Business Loans
Lending platforms which offer loan products to businesses
OnDeck (2007, New York City, Public)
Kabbage (2009, Atlanta, $491M)
916 305 $3.9B
Lead Generation Platforms
Platforms which aggregate loan products from lenders, offer comparison services, and
generate leads for the lenders
Zillow (2005, Seattle, Public)
BankBazaar (2008, Chennai, $110M)
524 146 $1B
Enablers
Fintech companies providing allied services to alternative lenders
Pearl Capital (2006, New York City,
Acquired)
Voyager Labs (2012, Hod Hasharon,
$100M)
160 49 $446M
Investment Platform
Platforms that enable investors to invest money in loans on alternative lending platforms.
Includes platforms offering analytics to investors to identify...
Orchard (2013, New York City, $64.7M)
PeerIQ (2014, New York City, $20.5M)
38 13 $121M
Alternative Lending > Market Details > Key Sub Sectors
62. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Detailed Sector Taxonomy (1/11)
62
Alternative Lending > Market Details > Detailed Sector Taxonomy
63. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Detailed Sector Taxonomy (2/11)
63
Alternative Lending > Market Details > Detailed Sector Taxonomy
64. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Detailed Sector Taxonomy (3/11)
64
Alternative Lending > Market Details > Detailed Sector Taxonomy
65. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Detailed Sector Taxonomy (4/11)
65
Alternative Lending > Market Details > Detailed Sector Taxonomy
66. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Detailed Sector Taxonomy (5/11)
66
Alternative Lending > Market Details > Detailed Sector Taxonomy
67. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Detailed Sector Taxonomy (6/11)
67
Alternative Lending > Market Details > Detailed Sector Taxonomy
68. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Detailed Sector Taxonomy (7/11)
68
Alternative Lending > Market Details > Detailed Sector Taxonomy
69. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Detailed Sector Taxonomy (8/11)
69
Alternative Lending > Market Details > Detailed Sector Taxonomy
70. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Detailed Sector Taxonomy (9/11)
70
Alternative Lending > Market Details > Detailed Sector Taxonomy
71. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Detailed Sector Taxonomy (10/11)
71
Alternative Lending > Market Details > Detailed Sector Taxonomy
72. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Detailed Sector Taxonomy (11/11)
72
Alternative Lending > Market Details > Detailed Sector Taxonomy
73. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Rank Market
Last 2 Years
$ Invested # Round Top Funded Company
1
(-)
Consumer Loans > Unsecured Personal Loans > P2P Marketplace
Lending platforms which facilitate peer to peer personal borrowing and lending
(Companies covered 236 | Funded 76 | Total Funding $1.8B)
$363M
(-$776M)
48
(-6)
MoneyPlace
(2014, Melbourne, $60M)
2
(+2)
Consumer Loans > Purchase Financing > B2C Marketplace
Lending platforms originating loans for purchases using third party sources like banks
(Companies covered 71 | Funded 38 | Total Funding $1.3B)
$442M
(-$281M)
35
(+16)
Bread Finance
(2014, New York City, $140M)
3
(-1)
Consumer Loans > Unsecured Personal Loans > Direct Lender
Lending platforms providing personal loans on their own balance sheet
(Companies covered 216 | Funded 52 | Total Funding $1.4B)
$368M
(-$585M)
23
(-10)
Kreditech
(2012, Hamburg, $281M)
4
(+3)
Business Loans > Working Capital > Unsecured Loans > Direct Lender
Lending platforms providing unsecured workng capital loans on their own balance sheet
(Companies covered 43 | Funded 20 | Total Funding $623M)
$285M
(+$32.8M)
19
(+6)
Capital Float
(2013, Bangalore, $86M)
5
(+3)
Consumer Loans > Purchase Financing > Direct Lender
Lending platforms which provide purchase financing on their own balance sheet
(Companies covered 80 | Funded 40 | Total Funding $634M)
$205M
(+$13.3M)
25
(+11)
Klarna
(2005, Stockholm, $336M)
6
(-3)
Business Loans > Term Loans > P2B Marketplace
Lending platforms which facilitate peer to peer borrowing and lending for business term loans
(Companies covered 203 | Funded 61 | Total Funding $526M)
$189M
(-$69.9M)
39
(+4)
Funding Circle
(2010, London, $375M)
7
(+7)
Consumer Loans > Unsecured Personal Loans > B2C Marketplace
Lending platforms originating personal loans through third party sources like banks
(Companies covered 101 | Funded 28 | Total Funding $250M)
$179M
(+$147M)
27
(+15)
Upgrade
(2016, San Francisco, $60M)
73
Note: The numbers in the bracket represent the change in a 2 year period.
Top Markets of Investment Activity (1/4)
Top Markets by Funding in Alternative Lending in last 2 years (December 2015 - November 2017)
Alternative Lending > Market Details > Top Markets of Investment Activity
74. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201774
Top Markets of Investment Activity (2/4)
Alternative Lending > Market Details > Top Markets of Investment Activity
75. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201775
Top Markets of Investment Activity (3/4)
Alternative Lending > Market Details > Top Markets of Investment Activity
76. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201776
Top Markets of Investment Activity (4/4)
Alternative Lending > Market Details > Top Markets of Investment Activity
77. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Rank Market # Investments Key Investments
1
Consumer Loans > Mortgage Loans > Direct Lender
Lending platforms providing mortgage loans on their own balance sheet
(Companies created 32 | Funded 14 | Total Funding $186M )
2
Clara (2000, San Francisco, $27M)
Better Mortgage (2014, New York City,
$45M)
2
Consumer Loans > Micro Loans > Direct Lender
Lending platforms providing micro loans on their own balance sheet
(Companies created 15 | Funded 5 | Total Funding $55.1M )
2
Tala (2012, Los Angeles, $41.5M)
Branch (2014, San Francisco, $10.6M)
3
Business Loans > Working Capital > Invoice Financing > B2B Marketplace
Lending platforms that tie up with third-party lenders for invoice financing. Lenders include financial
institutions and banks
(Companies created 58 | Funded 24 | Total Funding $119M )
2
Kredx (2015, Bangalore, $7M)
Numberz (2015, Bangalore, $3.9M)
4
Enablers > Credit Scoring > Individuals > Mobile Usage Data
Fintech companies building alternative credit scores for individuals using their telco data i.e. recharge
history, calls, bill payment history, sms etc.
(Companies created 5 | Funded 3 | Total Funding $73.3M )
1 Juvo (2014, San Francisco, $59.3M)
5
Consumer Loans > Personal Lines of Credit > B2C Marketplace
Lending platforms that tie up with third-party lenders for personal lines of credit. Lenders include financial
institutions and banks
(Companies created 4 | Funded 2 | Total Funding $19.9M )
1 MoneyTap (2015, Bangalore, $12.3M)
6
Consumer Loans > Mortgage Loans > P2P Marketplace
Lending platforms which facilitate peer to peer borrowing and lending for mortgage loans
(Companies created 21 | Funded 6 | Total Funding $33.3M )
1 PeerStreet (2013, Los Angeles, $21.1M)
Note: Investors considered - Sequoia Capital, Accel Partners, Andreessen Horowitz, NEA, Greylock Partners, General Catalyst Partners, Benchmark Capital, KPCB, Khosla Ventures, Redpoint Ventures, Founders Fund, SV Angel, Index Ventures, Bessemer
Venture Partners, Lightspeed Venture Partners, Venrock, Draper Fisher Jurvetson, Institutional Venture Partners, Intel Capital, Battery Ventures
77
Top Markets of Early Stage Investors (1/2)
Top Markets where Early Stage Investors are investing in last 2 years (December 2015 - November 2017)
Alternative Lending > Market Details > Top Markets of Early Stage Investors
78. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201778
Top Markets of Early Stage Investors (2/2)
Alternative Lending > Market Details > Top Markets of Early Stage Investors
79. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Rank Market
Last 2 Years
# of Comp Founded $ Invested # Round Top Funded Company
1
Business Loans > Working Capital > Unsecured Loans > B2B
Marketplace
Lending platforms that tie up with third-party lenders for financing/origination of
unsecured working capital loans. Lenders include financial institutions and banks
(Companies covered 34 | Funded 13 | Total Funding $648M)
12 $260M
(+$260M)
6
(+6)
Kabbage
(2009, Atlanta, $491M)
2
Lead Generation Platforms > Horizontal
Lead generation platforms which aggregate loan products for consumers as well as
businesses
(Companies covered 115 | Funded 28 | Total Funding $172M)
43 $19.6M
(+$19.6M)
10
(+10)
souqalmal.com
(2012, Dubai, $11.2M)
3
Consumer Loans > Mortgage Loans > B2C Marketplace
Lending platforms that tie up with third-party lenders for financing/origination of
mortgage loans. Lenders include financial institutions and banks
(Companies covered 28 | Funded 10 | Total Funding $25M)
12 $25M
(+$25M)
8
(+8)
Uno
(2015, Surry Hills, $16.5M)
4
Investment Platform
Platforms that enable investors to invest money in loans on alternative lending
platforms. Includes platforms offering analytics to investors to identify suitable…
(Companies covered 28 | Funded 8 | Total Funding $79.7M)
16 $30.5M
(+$30.5M)
7
(+7)
Orchard
(2013, New York City,
$64.7M)
5
Consumer Loans > Mortgage Loans > P2P Marketplace
Lending platforms which facilitate peer to peer borrowing and lending for mortgage
loans
(Companies covered 21 | Funded 6 | Total Funding $33.3M)
11 $23.6M
(+$23.6M)
6
(+6)
PeerStreet
(2013, Los Angeles,
$21.1M)
79
Other Notable Markets
Other Notable Markets with high Entrepreneurial Activity in Alternative Lending in last 2 years (December 2015 - November 2017)
Alternative Lending > Market Details > Other Notable Markets
80. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Incubators 500 Startups (#2), NXTP Labs (#1)
Seed Kima Ventures (#1), New Enterprise Associates (#1)
Series A/B Benchmark Capital (#2), Collaborative Fund (#2)
Series C+ BlackRock (#2), Eurazeo (#2)
Lending Club Dec - 2014
IPO'd on NYSE
FriendsClear Dec - 2010
IPO'd on EURONEXT
DirectMoney Mar - 1989
IPO'd on ASX
$206k - Seed
Welendus (2015, London, $352k)
$538k - Seed
LendenClub (2014, Mumbai, $764k)
Seed
Credifiable (2016, Bangalore)
$10.5M - Series A
RateSetter Australia (2014, Sydney,
$25.5M)
$50M - Series G
Prosper (2005, San Francisco, $410M)
$47.8M - Series D
Younited Credit (2009, Paris, $95.1M)
$4.3M - Series A
LendStreet (2010, Sunnyvale, $10M)
Seed
Worthy (2016, Boca Raton)
Series B
Afluenta (2008, Buenos Aires, $10M)
$1.1M - Seed
BillionLoans (2016, Bangalore, $1.1M)
Nov 2017
BioCoin and RCN Have Combined Efforts to Assist Green
Businesses Worldwide, Coinspeaker
Nov 2017
P2P Lender Lendable Signs £300 Million Loan Deal With
Castle Trust, Crowdfund Insider
Nov 2017 Swiss Fintech Goes Germany, finews.com
Nov 2017 Lendable hits £100m lending landmark, P2PFinanceNews
Nov 2017
Prosper Reports Third Quarter Growth; Closes $1.5 Billion of
Securitizations in 2017, Business Wire
Nov 2017 Ripio Credit Network Token Sale Reaches $37M, FinSMEs
Oct 2017
Clix Capital partners Airtel, Seynse Tech for mobile
financing, Business Standard
Oct 2017
Lending platform Lenden Club gets Rs 3.5cr in Equity
Investment, Indiatimes
Oct 2017
Q4 2017 Earnings Forecast for LendingClub Corporation
(LC) Issued By Craig Hallum, Good StockInvest
Oct 2017
Zopa is 'pretty close to finishing' building its new bank,
Business Insider
Oct 2017
Lendable raises $6.5m series A round to launch its services
in Tanzania, Rwanda, TechMoran
Sep 2017
Consumer lending startup CrediFiable raises seed funding
from Kae Capital, BizTech Post
Sep 2017
Online Lender Prosper Has Lost 70 Percent Of Its Value,
PYMNTS
News
0
5
10
15
20
25
30
35
$0k
$200M
$400M
$600M
$800M
$1.B
2013 2014 2015 2016 2017
YoY Funding Rounds
3
17
39
76
236
M&A/IPO
Series C+
Series A+
Funded
Companies
Covered
Funding Funnel
Consumer Loans > Unsecured Personal Loans > P2P Marketplace: Market Factsheet
Market: P2P Marketplace
80
Exits
Most Active Investors
Recent Investments
YoY Funding and Rounds
Lending platforms which facilitate
peer to peer personal borrowing
and lending
Prosper
(2005, San Francisco, $410M)
Pave
(2012, New York City, $313M)
Harmoney
(2013, Auckland, $210M)
Zopa
(2005, London, $103M)
Younited Credit
(2009, Paris, $95.1M)
Top Companies
#1 Top Markets of Investment Activity
Alternative Lending > Market Details > Market: P2P Marketplace
Companies Created 236 | Funded 76 | Total Funding $1.8B
81. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201781
Consumer Loans > Unsecured Personal Loans > P2P Marketplace: Top Companies
Market: P2P Marketplace (1/2)
Alternative Lending > Market Details > Market: P2P Marketplace
#1 Top Markets of Investment Activity
Analyst’s Pick
Prosper (2005, San Francisco, $410M)
P2P Lending Marketplace
Soonicorn. Stage: Series G
FinEX Asia, Credit Suisse, J.P. Morgan and 29 Other
Investors
Pave (2012, New York City, $313M)
Online lending platform for personal loans.
Soonicorn. Stage: Series A
Maxfield Capital, RPM Ventures, Seer Capital, C4
Ventures
Harmoney (2013, Auckland, $210M)
Online P2P lending platform.
Soonicorn. Stage: Series A
P2P Global Investments PLC, Trade Me, NZX
Market, Heartland
Lending Club (2006, San Francisco, $162M)
P2P online lending marketplace
Unicorn. Stage: Public
Hanwha Life, T. Rowe Price, Wellington
Management and 32 Other Investors
Analyst’s Pick
Zopa (2005, London, $103M)
Online P2P lending marketplace.
Soonicorn. Stage: Series F
Northzone, iZettle, Spotify and 13 Other Investors
Upstart (2012, Palo Alto, $85.7M)
An online lending platform.
Soonicorn. Stage: Series D
Third Point Ventures, Khosla Ventures, First Round
Capital and 13 Other Investors
RateSetter (2010, London, $55M)
Online lending platform for P2P loans.
Soonicorn. Stage: Series B
Woodford Investment Management, Artemis,
British Business Bank, Incubate Limited
Pret D'Union(2009, Issy-les-moulineaux,
$52.4M)
Online platform for P2P lending.
Soonicorn. Stage: Series D
Eurazeo, Credit Mutuel Arkea, Schibsted Media
Group and 3 Other Investors
Analyst’s Pick
Auxmoney (2007, Dusseldorf, $28M)
Online lending platform for P2P loans.
Soonicorn. Stage: Series D
SevenVentures, Index Ventures, Union Square
Ventures and 5 Other Investors
Lendico (2013, Berlin, $22.4M)
An online P2P lending marketplace.
Minicorn. Stage: Series A
Holtzbrinck Ventures, Access Industries, Rocket
Internet
Lending Works (2012, London, $9.6M)
Online P2P lending platform for personal loans and
investments.
Minicorn. Stage: Series A
NVM Private Equity
Faircent (2013, Delhi, $1.8M)
P2P lending marketplace
Minicorn. Stage: Series A
Brand Capital, Aarin Capital, JM Financial and 7
Other Investors
82. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 201782
Consumer Loans > Unsecured Personal Loans > P2P Marketplace: Top Companies
Market: P2P Marketplace (2/2)
Alternative Lending > Market Details > Market: P2P Marketplace
#1 Top Markets of Investment Activity
Analyst’s Pick
PeopleFund (2015, Seoul, $1.3M)
Online P2P lending platform backed by a bank
Editor's Pick. Stage: Seed
500 Startups, Yello Financial Group, D3Jubilee
LendenClub (2014, Mumbai, $764k)
Online marketplace for P2P lending
Editor's Pick. Stage: Seed
Venture Catalysts, Anirudh Damani, Artha India
Ventures
iLend (2012, Hyderabad, $135k)
P2P marketplace for personal loans
Editor's Pick. Stage: Seed
50k Ventures, Angaros Group, Angel Investment
Network, Brand Capital
HuyDong (2015, Ho Chi Minh City, $25k)
P2P lending platform for personal loans
Editor's Pick. Stage: Unfunded
Credifiable (2016, Bangalore)
Peer to peer lending platform for personal loans
Editor's Pick. Stage: Seed
Kae Capital
Analyst’s Pick
Credy (2016, Bangalore)
P2P marketplace for unsecured personal loans
Editor's Pick. Stage: Seed
Y Combinator, Khosla Ventures, Vy Capital
Lending Crowd (2014, Auckland)
Peer to peer personal, auto and small business
loans platform
Editor's Pick. Stage: Unfunded
Loan Singh (2015, Dona Paula)
P2P platform for unsecured consumer loans
Editor's Pick. Stage: Funded
LoanMeet (2015, Bangalore)
P2P lending platform
Editor's Pick. Stage: Seed
Madhusudan E
MPokket (2016, Kolkata)
Online unsecured P2P personal loans
Editor's Pick. Stage: Unfunded
Pareto (2015, Bangalore)
Social circle-based P2P lending platform
Editor's Pick. Stage: Unfunded
Analyst’s Pick
WeTrust (2016, San Francisco)
Lending and insurance platform leveraging
Ethereum blockchain.
Editor's Pick. Stage: Unfunded
83. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Alternative Lending - Dec 2017
Incubators
500 Startups (#2), Entrepreneurs Roundtable Accelerator
(#1)
Seed Jungle Ventures (#2), GMO Venture Partners (#2)
Series A/B Victory Park Capital (#2), StarVest Partners (#2)
Series C+ Founders Fund (#1), Silicon Valley Bank (#1)
Paypal Credit Oct - 2008
Acq by PayPal for $945M
$8M - Series A
KrazyBee (2016, Bangalore, $13M)
$2M - Series A
SlicePay (2015, Bangalore, $2.5M)
Series A
FinAccel (2015, Singapore)
Series A
Kredivo (2015, Bangkok)
$10.4M - Series A
Kissht (2015, Mumbai, $12.4M)
Series A
Simpl (2014, Mumbai, $2.6M)
$13.1M - Series C
Vyze (2008, Austin, $48.1M)
$126M - Series B
Bread Finance (2014, New York City,
$140M)
$2M - Series A
Kissht (2015, Mumbai, $12.4M)
$13.5M - Series B
Zibby (2012, New York City, $36M)
$12M - Series A
Blispay (2014, Baltimore, $29.6M)
Nov 2017 KrazyBee looks to expand in Tamil Nadu, Indiatimes
Nov 2017
LaterPay Launches First AMP-Enabled Paywall and
Subscription Platform , PRWeb
Nov 2017
Adorama Partners With Vyze to Debut New Consumer
Financing Program, Business Wire
Nov 2017
Xiaomi partners with Zest Money to offer Cardless EMI
Payments on Mi.com , PC
Nov 2017
Fintech startup Kissht secures $10 Mn from China's Fosun
International, Entrackr
Nov 2017
Zayas joins Zibby at pivotal time in growth strategy, Press
Release Jet
Oct 2017
London Fintech Divido Announces Germany Expansion,
Crowdfund Insider
Oct 2017
LILY Partners with Affirm to Offer Drone Buyers Pay Over
Time Options, PR Newswire
Oct 2017 SlicePay raises Series A round, FundingSMEs
Oct 2017
Xiaomi India partners with ZestMoney for cardless EMI,
Business Standard
Oct 2017
Captain's Log, Oct 4: FinAccel raises Series A, Khazanah
National Entrepreneurship Outreach launches, E27
Oct 2017 Connecting Asia's startup ecosystem, Tech in Asia
Oct 2017
Catering To Ecommerce Consumers In Indonesia, Fintech
Startup Kredivo Raises Series A Funding From Jungle
Ventures, Others, Inc42
Sep 2017 Etihad Airways partners with PayFort, Gulf News
News
0
5
10
15
20
25
$0k
$100M
$200M
$300M
$400M
$500M
2013 2014 2015 2016 2017
YoY Funding Rounds
1
3
19
38
71
M&A/IPO
Series C+
Series A+
Funded
Companies
Covered
Funding Funnel
Consumer Loans > Purchase Financing > B2C Marketplace: Market Factsheet
Market: B2C Marketplace
83
Exits
Most Active Investors
Recent Investments
YoY Funding and Rounds
Lending platforms originating
loans for purchases using third
party sources like banks
Affirm
(2012, San Francisco, $420M)
GreenSky
(2006, Atlanta, $410M)
Bread Finance
(2014, New York City, $140M)
Paypal Credit
(2000, Lutherville-timonium, $100M)
Financeit
(2007, Toronto, $49.4M)
Top Companies
#2 Top Markets of Investment Activity
Alternative Lending > Market Details > Market: B2C Marketplace
Companies Created 71 | Funded 38 | Total Funding $1.3B