ATB Financial is a financial institution and Crown corporation wholly owned by the province of Alberta. Originally established as Alberta Treasury Branches in 1938, ATB Financial operates only in Alberta and provides financial services to over 800,000 Alberta residents and businesses. Headquartered in Edmonton, ATB Financial has over 5000 team members.
Peer-to-peer lending, also abbreviated as P2P lending, is the practice of lending money to individuals or businesses through online services that match lenders with borrowers. Peer-to-peer lending companies often offer their services online, and attempt to operate with lower overhead and provide their services more cheaply than traditional financial institutions. As a result, lenders can earn higher returns compared to savings and investment products offered by banks, while borrowers can borrow money at lower interest rates, even after the P2P lending company has taken a fee for providing the match-making platform and credit checking the borrower. There is the risk of the borrower defaulting on the loans taken out from peer-lending websites.
LendingClub is a peer-to-peer lending company, headquartered in San Francisco, California. It was the first peer-to-peer lender to register its offerings as securities with the Securities and Exchange Commission (SEC), and to offer loan trading on a secondary market. At its height, LendingClub was the world's largest peer-to-peer lending platform. The company claims that $15.98 billion in loans had been originated through its platform up to December 31, 2015.
Zopa is a British financial services company which offers deposit accounts and credit cards. It began as the world's first peer-to-peer lending company in 2005 and gained a full banking licence in 2020. The peer-to-peer side of its business closed in December 2021.
CRIF High Mark Credit Information Services Pvt. Ltd. is a RBI approved credit bureau in India. It serves retail, agriculture and rural, MSME, commercial and microfinance.
Funding Circle is a peer-to-peer lending marketplace that allows the public to lend money directly to small and medium-sized businesses. Through this exchange businesses access lower costs of financing than they would get at a bank and the public are able to become lenders and in doing so make a return on their capital.
Shahrzad Rafati is the founder and CEO of BroadbandTV Corp, a digital media and technology company that drives monetization for content creators. Shahrzad is credited with pioneering both the technology and business model that made peace between big entertainment entities like the NBA and their fans who were uploading premium content to video sites like YouTube.
Canada has significant per-capita membership in credit unions, representing more than a third of the working-age population. Credit union membership is largest in Quebec, where they are known as caisses populaires, and in western Canada.
SoFi Technologies, Inc. is an American online personal finance company. Based in San Francisco, SoFi provides financial products that includes student loan refinancing, mortgages, personal loans, credit card, investing, and banking through both mobile app and desktop interfaces.
Lendico is a multinational company, operating a peer-to-peer lending platform. The international online marketplace for business and consumer lending was founded in December 2013 by the incubator and venture capitalist, Rocket Internet. After launching in Germany, the company expanded into Spain, Poland, Austria, South Africa, the Netherlands and Brazil. Using the crowdfunding model, the company based in Berlin, Germany, directly connects investors and private and business borrowers. Lendico is led by Friedrich Hubel and co-founder Clemens Paschke. Currently, Lendico Brazil still exists but is an independent company from Lendico Global Services.
Avant, LLC, formerly AvantCredit, is a private Chicago, Illinois-based company in the financial technology industry. The company was established in 2012 by serial entrepreneur Albert "Al" Goldstein, John Sun, and Paul Zhang. Initially structured as a mid-prime lender, the company issued its first personal unsecured loan in early 2013 using its proprietary technology to determine an individual's creditworthiness.
HackerNest is a not-for-profit organization and global movement founded on January 11, 2011. The organization unites local technology communities around the world through community events and socially beneficial hackathons to further its mission of economic development through technological proliferation. It is Canada's largest, most prolific technology community with growing international reach.
LendKey is a lending platform and online marketplace that allows consumers to apply for and receive private student loans, student loan refinancing and home improvement loans from their local credit unions and community banks. LendKey's cloud-based tools and infrastructure enable the nation's 13,000+ community financial institutions to enter online lending and offer loans for various asset classes.
Landbay is a UK Financial technology company that operates a mortgage lending platform to allow institutions to fund residential mortgages. in a ‘Mortgage-as-a-Service’ construct.
StreetShares, Inc. is a financial technology company and small business funding marketplace based outside of Washington, D.C.
Cross River Bank is an American state-chartered commercial banking corporation, headquartered in Fort Lee, New Jersey. Cross River, which is an FDIC member and an equal housing lender, operates under a New Jersey charter. Cross River is notable among community banks for its embrace of the trend in the financial services sector towards API-based payment platform services.
Wealthsimple Inc. is a Canadian online investment management service focused on millennials. The firm was founded in September 2014 by Michael Katchen and is based in Toronto. As of November 2021, the firm holds over C$15 billion in assets under management. It is primarily owned by Power Corporation indirectly at 70.1% through investments made through their holdings in Power Financial, IGM Financial and Portag3.
Funding Societies is Southeast Asia’s largest digital financing platform for small and medium-sized enterprises (SMEs), headquartered in Singapore. It was the first such platform in Singapore to engage an escrow agency to independently and safely manage investors’ funds. In Indonesia it is known as Modalku. The platform crossed S$ 1Bn in loans given out in 2019 making it the largest such platform in the region. To date, it has given out more than S$2.5 billion in financing through 4.8 billion loans across the region.
FinMkt, Inc. is a New York City-based financial technology company originally founded in 2014 as Crowdnetic and rebranding in 2016 to its current iteration, FinMkt. In September 2015, the company launched Lendvious.com, a multi-lender consumer loan marketplace using their Gateway Technology to seamlessly connect consumers to multiple lenders so that borrowers can compare prequalified offers from multiple lenders using one, universal application. FinMkt then pivoted the technology to build a premier SaaS, multi-lender, omni-channel, customizable point of sale financing platform that launched in the summer of 2020.
Wealth One Bank of Canada is a Canadian Schedule I bank opened in 2016 with a focus on providing services to Chinese-Canadians. It provides banking services online and through retail offices in Toronto, Ontario, and in Vancouver, British Columbia.
