Proof Point
Global venture capital (VC) invested in online lending reached $3.1 billion in 2017, funding 144 closed deals, according to KPMG report
Global Venture Capital Invested and Closed Deals in Online Lending
2010 – 2017 (number of deals and US$ billions)
Proof Point Findings
- Online Lending – Online marketplaces offering alternative business or personal financing (e.g. loans, mortgages, refinancing)
- Online Lending VC – Global VC value in online lending grew 63.3% annually between 2010 and 2017, from $0.1 billion to $3.1 billion, according to KPMG report
- Online Lending Deals – Total number of deals closed reached 144 in 2017, growing 35.7% since 2010
- Highest VC Activity – VC activity peaked in 2015, closing total of 178 deals, valued at $5.1 billion
- Key Growth Drivers – Include proliferation of disruptive fintech startups, improving capital distribution, shifting private capital strategies, and increasing consumer confidence on alternative financing channels
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Market Disruption |
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Sector |
Financial Services
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Source |
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Date Last Updated |
April 26, 2018
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