Top 5 Online Lending Technology Investments in 2021

Online lending technology investment or Fintech as they are usually called, are businesses that use technology to improve financial services and processes for both individuals and businesses. Since the existence of Fintech, banks have ceased to be the only financial option for investors to depend on.

In recent years, more and more Fintech companies have occupied the financial world in investment, currency, and exchange, lending, stock, and banking. You can read more about these firms and their overall activities from reviews and feedback of users on Collected.Reviews.

The sudden disruption caused by the pandemic made the majority of Fintech companies become more flexible with their banking and borrowing experiences, and also made them more creative. In fact, when looking for some of the best loan companies in the market today, the names of some of these Fintech companies would come up.

As a financial enthusiast, or would be lender, here is an opportunity to get yourself familiar with some of the top five online lending technology investments in 2021.

1. Salt Lending:

Salt was founded in 2016 by Bitcoin enthusiasts to provide people with a lifestyle that is suitable for them, to allow them to focus more on long-term cryptocurrency. They allow borrowers leverage for loans. The customers agree on terms from 1-36 months on loans available for different cryptocurrencies like Bitcoin, ether, Litecoin, and Dogecoin. Not only are they involved in crypto-backed lending technology, but they also provide scalable institutional-grade crypto custody and Blockchain to monitor products while also ensuring that these cryptos are safely transferred.

2. Robinhood:

Robinhood is a Fintech company that allows users to invest for free. Further, products are created to allow people to invest at their pace and terms, and its commission-free investing.

3. Point:

Point is located in Palo Alto California, and was founded in 2015. The company has about 90 local employees and 95 global employees. They are currently expanding home offerings in California and allowing people to gain early access to their home equity. This way, Point invests a bit into your home equity, and depending on the value of your home and the equity you own, you can get up to$35,000 to $350,000 cash. No monthly payment is required, and owners can repay the investment whenever it is convenient through refinance home sales, or loans.

4. Tala:

Tala is established in Santa Monica, California although they have branches in Kenya, the Philippines, Mexico, and India that are working towards securing loans for small businesses and individuals through a credit check. Regardless of the customer’s credit history, with a smartphone anyone can apply for a loan and immediately receive decisions on how to go about it.

5. Braintree:

Braintree is a sector of PayPal that offers payment services to all kinds and sizes of businesses. Established in Chicago, Braintree has merchants in more than 45 countries that accept and enable payment in nothing less than 130 currencies. They also accept payment from credit, debit cards, local payment methods, digital wallets, and Venmo.

Investment is one the greatest ways to grow your money, and these Fintech companies offer various online investment options for you. Although there are many other online lending technology investment options available, these seem to be at the top of the pyramid.