Companies in Digital Lending
There are 21,845 companies in Digital Lending which include SoFi, BharatPe, Klarna, Square, Tabby. 5,170 companies in Digital Lending are funded, with 2,202 having secured Series A funding. Till date, the sector has seen the creation of 76 Unicorns. United States has the most number of companies in Digital Lending (7,272), followed by India
(2,704), and then United Kingdom (1,776).
2026 has seen the creation of 232 Digital Lending companies. On average, the last 10 years have seen 1,096 new companies launched every year. Most number of Digital Lending startups have been founded by alumni from Stanford University, Harvard University and IIT Delhi.
Here is a List of top companies in Digital Lending
1. SoFi
Online bank offering consumer loans and insurances. It offers multiple loan products including personal loans, student loans, home loans, business loans, and more. It also offers insurance including life insurance, home insurance, and more. It also features an app-based platform for trading stocks, ETFs, crypto, and accessing financial services. The app is available on IOS and Android devices.
Key facts about SoFi
- Founded Year: 2011
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $3.04B
- Investors: Baseline Ventures, Renren and 79 Others
- Latest Funding Round: Post IPO, Feb 18, 2024, $*****
- Tracxn Score: 86/100 What is this?
- Competitors Rank: 1 of 621 Competitors
2. BharatPe
Provider of payment solutions, lending, and investment opportunities for businesses. It offers tools for payment acceptance, including QR codes and card payment devices. Additionally, it facilitates business loans and provides an investment platform. The company aims to support businesses with financial products.
Key facts about BharatPe
- Founded Year: 2018
- Location: Gurugram (India)
- Stage: Series E
- Total Funding till date: $584M
- Investors: Ribbit Capital, Coatue and 61 Others
- Latest Funding Round: Venture Debt, Sep 23, 2026, $*****
- Tracxn Score: 86/100 What is this?
- Competitors Rank: 1 of 426 Competitors
3. Klarna
Developer of an online platform for point-of-sale financing. It enables users to purchase products within the partnered merchant network and split the cost of the purchase from the stores into interest-free payments and also works in-store. It also enables users to make instalment payments by credit or debit cards on retail purchases, receive price changes, and deal alerts. Its mobile application is available on Android and iOS platforms.
Key facts about Klarna
- Founded Year: 2005
- Location: Stockholm (Sweden)
- Stage: Public
- Total Funding till date: $4.19B
- Investors: Sequoia Capital, Macy's and 139 Others
- Latest Funding Round: Conventional Debt, Aug 21, 2025, $*****
- Tracxn Score: 84/100 What is this?
- Competitors Rank: 1 of 354 Competitors
4. Square
Provider of integrated point of sale and business management solutions. The company delivers hardware and software for payments, retail, restaurants, and appointments. It offers tools for managing teams, payroll, marketing, customer relationships, and cash flow. The business provides solutions for various industries, including food and beverage, retail, beauty, and services.
Key facts about Square
- Founded Year: 2009
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $520M
- Investors: Victory Park Capital Advisors, Rizvi Traverse and 58 Others
- Latest Funding Round: Post IPO, Mar 03, 2020, $*****
- Tracxn Score: 84/100 What is this?
- Competitors Rank: 2 of 2,706 Competitors
5. Tabby
Provider of purchase financing solutions for businesses. The platform enables users to purchase from multiple online stores and allows to repay the amount in equal installments. It offers a credit card offering buy now pay later loans with installment-based repayment options. It allows users to split purchases into four interest-free payments, both online and in-store. The platform also offers shopping assistant that lets users discover and track products, brands and deals in the application.
Key facts about Tabby
- Founded Year: 2019
- Location: Riyadh (Saudi Arabia)
- Stage: Series F
- Total Funding till date: $837M
- Investors: Blue Pool Capital, STV and 29 Others
- Latest Funding Round: Series F, Sep 14, 2026, $*****
- Tracxn Score: 83/100 What is this?
- Competitors Rank: 3 of 17 Competitors
