Tracxn Alternative Lending Report (202 Pages) finds that the Alternative Lending space has received a tremendous amount of investment in 2015, symbolizing the growing relevance and popularity of the segment.
Consumer Lending startups in particular played a significant role in the overall growth contributing to ~$3.3B of the overall investment for the year. The space which has seen over 800 companies being founded in the last ten years, witnessed the emergence of 7 Unicorns: SoFi, Credit Karma, Klarna, Avant, Prosper, Funding Circle and Kabbage. The Report also finds that over a quarter of the companies were founded in 2014.
Download Full Report: https://gallery.mailchimp.com/c8f11e463fad001a2b061f1f1/files/Tracxn_Startup_Research_01.pdf