Fintech Is Changing the Way We Lend

Loading...
Loading...

The way we borrow money is quickly evolving as online lending platforms are emerging in the fintech sphere.

Lending companies are using analytics to predict which businesses are worth investing in. Credibly, a lender that primarily works with small businesses, uses big data to determine how successful their investments are.

Judgement lending lets lenders know which businesses are going to be worth

ZestFinance also uses big data underwriting and has even branched overseas to China. They were recently voted one of Forbes Fintech 50 in 2015.

Peer-to-peer lending is on the rise this year. EVEN Financial recently secured $2.8M from Canaan Partners in funding to connect borrowers and lenders.

You can check out Credibly, ZestFinance, and EVEN Financial at the 2016 BZ Fintech Awards. Buy tickets here before the sell out!

 

 

Market News and Data brought to you by Benzinga APIs
Posted In: Fintech
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!
fintech-banner
Fintech Focus Newsletter

Your update on what’s going on in the Fintech space. Keep up-to-date with news, valuations, mergers, funding, and events. Sign up today!


Loading...