FinTech Magazine August 2023 | Page 138

Sunbit
Prosper Marketplace

TOP 10 10

Sunbit

$ 460m
Sunbit offers buy now pay later credit for consumers , or , as it likes to call it “ pay-over-time ” credit . Generating US $ 460m since its founding , Sunbit offers its services to local providers and retailers in the Los Angeles area and has been crafted to support those facing unexpected expenses . Designed with a 90 % approval rating , Sunbit says it offers fair and transparent rates , with no late fees , origination fees or penalties .

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Prosper Marketplace

$ 490.5m
Raising US $ 490.5m over 17 rounds of funding , Prosper Marketplace has become a leading online lending platform , connecting prospective borrowers with individuals and institutions who provide lending services . Its website , Prosper . com , allows individuals to take out personal loans , credit , home equity , and make investments and IRAs . America ’ s first peer-to-peer lending marketplace , Prosper has facilitated over US $ 23bn in funded loans since its establishment .
138 August 2023