Forbes 50 Fintech includes Earnest & Kabbage

November 7, 2016

PUBLISHED BY Samantha Sharf



San Francisco

Marketplace lender expanded from personal loans into student loan refinancing in 2015. Has made more than $1 billion in total loans thanks to novel underwriting (it crunches up to 100,000 data points) and a feature allowing users to set repayment schedules to match their budgets.

Bona fides: In tough environment, has completed three loan securitizations totalling $527 million.

Founder & CEO: Louis Beryl, age 35, a former partner at Andreessen Horowitz

Funding: $106.5 million from Maveron, Battery Ventures, Andreessen Horowitz, Collaborative Fund and others

Threat to: Fair Isaac, banks, SoFi

– Maggie McGrath


Atlanta, GA

Automated lending platform offers quick loans for small businesses–at a stiff price. Continuous underwriting means rates can change monthly. Platform now being licensed to banks, too.

Bona fides: Has lent to more than 90,000 small businesses

Co-Founder & CEO: Rob Frohwein, age 48

Funding: $260 million from Reverence Capital Partners, SoftBank Capital, the UPS Strategic Enterprise Fund, ING, Santander, Scotiabank and others

Threat to: Business credit card providers

– Maggie McGrath

See the full list on Forbes here.