Market Share of Alternative Financing Industry
The alternative financing market is moderately consolidated. Some major global market players include Lending Club, Funding Circle, Kabbage, SoFi, and OnDeck, among others. In the study period, market players were also involved in mergers and acquisitions, and partnerships focused on expanding their presence in the market. The market has the potential to grow during the forecast period, and this is likely to further fuel competition. However, by securing new contracts and tapping new markets, small- to medium-sized enterprises are increasing their presence on the market with technological progress and product innovation.
Alternative Financing Market Leaders
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Lending Club
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Funding Circle
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SoFi
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OnDeck
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Lending Crowd
*Disclaimer: Major Players sorted in no particular order
