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Funding to the digital lending space is smashing records. Here’s what’s driving the boom

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Deals and dollars for digital lending startups have skyrocketed. Below, we discuss the sector’s market drivers as well as emerging themes and their key implications.

Digital lending is booming as startups leverage new technology to streamline processes that are traditionally time-consuming and expensive. 

Investors poured nearly $21B into the space in 2021, a 90% increase from 2020 and an all-time high.

Alternative lending solutions are rapidly gaining traction with millennial and Gen Z consumers, driving investment in the category. For example, incumbent banks are investing in (and partnering with) lending startups to reduce costs and address changing customer expectations. 

Small- and medium-sized business lending has also been a key factor in the funding surge: In 2021, SMB lenders received 40% of the total funding going to lending startups analyzed, with additional growth coming from investments in personal loan and point-of-sale companies.

In this brief, we’ll look at:

  • Topline finding & implications for this growth
  • The market drivers underlying the boom
  • Top investors in the digital lending space

To dig into all of the underlying data in this brief, sign up for a free trial to CB Insights here.



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Funding & Business

New World Seeks to Sell China Real Estate Assets After Loan Deal

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New World Development Co. is seeking to divest real estate projects in mainland China after pulling off an $11 billion refinancing deal in June, according to people familiar with the matter.



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Funding & Business

JPMorgan Says China’s Crackdown on Overcapacity May Boost Stocks

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Policies in China that are aimed at curbing excess capacity may be positive for equities and global trade if executed right, according to JPMorgan Chase & Co.



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Funding & Business

Indian Stock Market Braces for Volatile Session After Fresh Copper, Pharma Tariffs

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Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:



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