CNBC Lists Top Fintechs in Alternative Financing

CNBC and Statista have named the top 300 fintech companies globally. The list includes a segment of top Alternative Financing Business and Consumer lending companies. Alternative financing typically refers to non-bank lenders that provide businesses and consumers with the opportunity to borrow or raise money online.

Their methodology: “The 300 companies were decided based on desk research conducted by Statista, alongside editorial input from CNBC.

CNBC in February put out a call for applications from fintech companies to express their interest in being featured in the list. Firms were invited to share certain key performance indicators such as revenue, growth and employee headcount with Statista, on the condition that this information wouldn’t be made public.

Alongside the application process, Statista also analyzed an additional 2,000 companies to ensure a broad representation of names within the sector. Companies were assessed against a general set of KPIs, in addition to certain sector-specific metrics for their category.”

Credit: CNBC

Below, we extracted the top Alternative Business Lenders from their list in alphabetical order and provided a summary of what they do according to their website.

Biz2Credit  Wilmington USA

Our mission is to provide small businesses with the best funding options for each and every project or capital need, with technology that makes business financing easy to understand and easy to access.

Bluevine  Redwood City USA

Bluevine was founded over 10 years ago as a financial technology company that builds better banking solutions for growing businesses and provides the attention and service they deserve. By combining industry-leading technology and security with dependable customer support, we give business owners the funding and services they need to succeed.

Enova  Chicago USA

Enova International (NYSE: ENVA) is a leading financial technology company that provides online financial services through our machine learning-powered Colossus™ platform. We serve non-prime consumers and businesses alike, while offering world-class technology and services to traditional banks — in order to create accessible credit for millions.

Fundbox  San Francisco USA

Shaping the future of small business lending since 2013. We’re on a mission to give small businesses fast, flexible access to capital—so they can focus less on cash flow and more on what they do best: building, growing, and thriving.

Funding Circle  London, UK 

Founded in 2010, Funding Circle is one of the largest online platforms for business loans in the world and is listed on the London Stock Exchange.

Note: Their US business was acquired by iBusiness Funding.

Liberis  London UK

We're on a mission to unleash the power of small businesses on the world.

Delivering the funding and financial products they need. At the right moment. Through a world-defining embedded finance platform.

Prosper  San Francisco USA

Small business loans to meet your needs. Financing options through BusinessLoans.com can be used for virtually any business expense—from purchasing equipment to increasing inventory, consolidating business debt, buying or expanding a business, or paying for business real estate or rent.

SellersFi  Sunrise USA

SellersFi is a global financial technology company that empowers e-commerce merchants looking to grow. We offer strategic solutions that make scaling easier and faster.

Wayflyer  Dublin Ireland

Today's consumer brands need a capital provider that keeps pace with their growth ambitions. Traditional financing options are slow, cumbersome, and often out of reach. That's why we built Wayflyer.

Our unique technology can assess your growth potential to deliver tailored financing options in minutes, not months.

Youlend  London UK

A tech-driven approach to finance. Marketplaces, ecommerce platforms, and technology companies use the YouLend platform to help their merchants run and grow their business.

So now that you have this list, who else do you think should be up there?

Comment below.