Best Alternative Lending Companies in Massachusetts, United States
The 48 best Alternative Lending companies in Massachusetts, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: TimePayment.
Ranked: Best Alternative Lending companies in Massachusetts
| # | Company | Disclosed funding | Last round | Stage | Employees | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | TimePayment Online lending solution for equipment financing | $760M | 47 mo ago | Funding Raised | 230 230 → 162 (-30%) | — | WordPressUnbounceElementor+26 | — | — |
| 2 | Capchase Provider of an online revenue-based financing platform for SaaS businesses 74Funding top 14%Talent top 28%Moat top 31%Global top 34% All 9 signals ▾Fundingtop 14% Talenttop 28% Moattop 31% Globaltop 34% Growthtop 37% Markettop 42% Producttop 45% Techtop 48% Newsbottom 38% Funding: Raised $495M across 7 rounds · 7 rounds over 6 yrs (1.2/yr) Talent: 4 named leaders on record · 4 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 74/100 | $495M | 2 mo ago | Series C | 152 | Ignacio Pubul Co-Founder | WebflowApple iCloud MailZoho+29 | — | 1 expansion |
| 3 | Forward Financing Revenue-based financing for small businesses, providing accessible and flexible capital | $342M | 62 mo ago | Funding Raised | 160 | — | WordPressApple iCloud MailGoogle Workspace+33 | — | 1 award |
| 4 | Lendbuzz 🦄 Online car loan platform 67Funding top 21%Tech top 24%Moat top 28%AI top 30% All 11 signals ▾Fundingtop 21% Techtop 24% Moattop 28% AItop 30% Markettop 38% Patentstop 40% Innovationtop 42% Newstop 45% Talentbottom 49% Globalbottom 39% Growthbottom 32% Funding: Raised $310M across 15 rounds · 15 rounds over 9 yrs (1.7/yr) Tech: 45 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 rank vs industry peers · Fliar Intelligence Index 67/100 | $310M | 34 mo ago | Series C | 300 | Amitay Kalmar Co-Founder & CEO | SentryApple iCloud MailGoogle Workspace+24 | 9 patents AI-driven fraud detection and compliance analytics for behavior, image, and document verification | 10 job openings |
| 5 | Hometap Provider of Home loans | $172M | 8 mo ago | Series B | 231 231 → 290 (+26%) | — | SanityApple iCloud MailGoogle Workspace+32 | — | 1 expansion · 1 award |
| 6 | First Help Financial Online auto finance aggregation platform | $143M | 71 mo ago | Funding Raised | 236 | Parker Treacy Founder & Board Member | SentryJavaOkta+6 | — | 1 job opening |
| 7 | HealthFirst Financial Patient financing services provider | $70M | 110 mo ago | Acquired | — | Joe Hawes Business Owner | — | — | — |
| 8 | Airfox Mobile wallet and lending solutions | $58M | 106 mo ago | Acquired | 52 | Sara Choi Co-Founder & COO | — | — | — |
| 9 | Own Up Provider of a comparison platform for residential mortgage loans | $52M | 47 mo ago | Acquired | 93 | Mike Tassone Co-Founder And Chief Operations Officer | SanitySentryMUI+27 | — | — |
| 10 | Traive Provider of credit risk analysis and agricultural asset management solutions | $51M | 30 mo ago | Series B | 14 | Fabricio Pezente CEO | WordPressMySQLPHP+22 | 5 patents Patents concentrated in computing, sensing & instrumentation | — |
| 11 | SimpleTuition Online marketplace connecting borrowers with lenders for loans, credit cards, insurance | $22M | 158 mo ago | Series D | 1,355 | — | — | — | — |
| 12 | Cignifi Credit scoring solutions based on mobile data | $11M | 71 mo ago | Series B | 9 | — | — | — | — |
| 13 | Sunwealth Clean energy investment and crowdfunding platform | $10M | 18 mo ago | Series A | 34 34 → 28 (-18%) | Jon Abe CEO & Founder | Squarespace CommerceSquarespaceTypeScript+14 | — | 1 job opening |
| 14 | MoneyAisle Expert guide for LLC formation, registered agent services, and business insights | $7M | 216 mo ago | Series A | — | Mukesh Chatter CEO | WordPress Block EditorElementorWordPress+28 | — | — |
| 15 | Juno Online lending marketplace for educational loans | $2M | 80 mo ago | Seed | 11 | — | SentryHelp ScoutPHP+40 | 42 patents Advanced waste recycling machinery for shredding, washing, odor control, and baling processes. | — |
| 16 | DebtX Online loan sale and debt trading exchange system | $2M | 75 mo ago | Funding Raised | 51 51 → 34 (-33%) | — | WordPressMySQLPHP+25 | — | — |
| 17 | Vested Online platform for asset-backed loans | $1M | 14 mo ago | Seed | 60 60 → 68 (+13%) | Matt Venables Co-Founder | TurbopackEmotionSentry+29 | — | — |
| 18 | Adjoint Smart contract-based solutions for the financial industry | $1M | 108 mo ago | Deadpooled | 29 | — | — | — | — |
| 19 | Pay4Edu Platform helping college students to make financial decisions | $575K | 85 mo ago | Deadpooled | — | Colleen Krumwiede Co-Founder & CRO | — | — | — |
| 20 | Gradifi Debt repayment solutions | $500K | 129 mo ago | Acquired | 11 | — | SalesforceReact RouterReact+16 | — | — |
| 21 | Loot Online lending platform offering working capital loans | $250K | 33 mo ago | Seed | — | John Cain Co-Founder | SentryGoogle Sign-inGoogle Maps+23 | — | — |
| 22 | Prime Student Loan Student loan refinancing help | $250K | 159 mo ago | Deadpooled | — | Derek Kaknes CEO | — | — | — |
Top 12 Alternative Lending companies in Massachusetts
#1
Series C · Cambridge, Massachusetts · founded 2020 · 152 employees$494.6Mraised▾
Provider of an online revenue-based financing platform for SaaS businesses. It offers to finance for recurring revenue tech-based companies. The user must sync the financial data from banks, accounting software, and subscriptions, and the financing amount is calculated based on it. It also offers blogs, runway calculators, and more.
- May 2024Conventional Debt$114.1M
- Feb 2024Series B$5M
- Mar 2022Series B$80M
- Jul 2021Series B$280M
#2
Series B · Boston, Massachusetts · founded 2003 · 231 employees$172Mraised▾
Provider of Home loans
- Dec 2025Series B$50M
- Dec 2021Series B$60M
- Dec 2019Series B$100M
- Apr 2018Series A$12M
#3
Lendbuzz 🦄Series C · Boston, Massachusetts · founded 2015 · 300 employees$309.7Mraised▾
Online car loan platform. Users can apply for loan by providing guarantee, user details, payment details, preferred plans, and more.
- Oct 2023Conventional Debt$300M
- Oct 2023Series C$45M
- Jul 2023Series C$24M
- May 2023Conventional Debt$125M
#4
Series A · Somerville, Massachusetts · founded 2015 · 34 employees$10Mraised▾
Clean energy investment and crowdfunding platform. It is a clean energy investment firm that curates commercial solar projects and offers them for investment. It allows accredited as well as institutional investors to invest on the platform. Investors can make direct investments in bond and tax equity products through the platform.
- Jan 2025Series A$2M
- Oct 2023Series A$10M
- May 2021Conventional Debt$2.9M
- Oct 2018Conventional Debt$3M
#5
Funding Raised · Burlington, Massachusetts · founded 1986 · 230 employees$760Mraised▾
TimePayment provides an online lending solution for equipment financing. It offers tools and capital that enables equipment sellers and financial intermediaries to offer fast, paperless equipment lease financing to their customers. TimePayment has a network of multiple independent vendors and provides its services nationwide for commercial as well as domestic equipment. Its proprietary credit scoring and risk-based transaction model delivers competitive lease financing solutions across the credit spectrum.
- Aug 2022Conventional Debt$375M
- Jan 2019Conventional Debt$385M
#6
Series B · Boston, Massachusetts · founded 2017 · 14 employees$50.9Mraised▾
Provider of credit risk analysis and agricultural asset management solutions. It offers tools for credit commercialization, risk analysis, and access to agricultural assets. The company delivers a platform for obtaining credit asset history, facilitating investment diversification. It utilizes data processing to generate scores and analyses. The company automates credit processes, providing governance for supply chain participants.
- Feb 2024Series B$20M
- Oct 2022Series A$10M
- Nov 2021Series A$17M
- Nov 2020Seed$2.5M
#7
Seed · Boston, Massachusetts · founded 2017 · 60 employees$1.2Mraised▾
Online platform for asset-backed loans. It offers a solution that enables employees to access loan products by using shares as collateral. The loan amount is based on the value of the future shares. Users must sign an agreement and once the shares are made transferrable the repayments are done.
- Jun 2025Seed$3M
- Sep 2019Seed$1.2M
#8
Funding Raised · Boston, Massachusetts · founded 2012 · 160 employees$342Mraised▾
Revenue-based financing for small businesses, providing accessible and flexible capital. The company offers financial solutions tailored to small businesses, providing capital when traditional avenues may be limited. They focus on revenue-based financing, an innovative approach designed for the unique needs of small enterprises. The process is designed to be fast and easy, with attainable eligibility criteria and a reasonable amount of required documentation. Payments are structured as a percentage of a business's revenue, offering flexibility during fluctuating periods. The approach is transparent, providing clear and easy-to-understand information. They aim to empower small businesses with the financial opportunity they deserve, fueling their success and growth. This is a B2B service.
- Jun 2021Conventional Debt$250M
- Jun 2020Conventional Debt$2M
- Apr 2019Conventional Debt$90M
#9
Acquired · Boston, Massachusetts · founded 2004 · 93 employees$52.2Mraised▾
Provider of a comparison platform for residential mortgage loans. It offers home loans from multiple lenders on the basis of requirements. It helps the users to connect with mortgage lenders.
- Aug 2022Series B$25.5M
- Jan 2021Series A$12M
- Oct 2019Series A$14.7M
- Sep 2018Conventional Debt$3M
#10
Funding Raised · Newton, Massachusetts · founded 2006 · 236 employees$143.2Mraised▾
Online auto finance aggregation platform. Offers users auto loans for purchasing vehicles. Users need to provide their basic details online to get offers from multiple lenders.
- Aug 2020Conventional Debt$143.2M
#11
Acquired · Boston, Massachusetts · founded 2016 · 52 employees$58.1Mraised▾
Airfox is a blockchain-based mobile wallet that provides recharges and personal loans. Users can top-up their mobile balances, pay utility bills, transfer funds and recharge their transportation cards through the wallet. Also offers personal loans to wallet users. Tracks and analyzes quantifiable data points from app users to create credit scores for granting loans. Wallet users can also watch video ads to earn AirTokens that can be converted into mobile airtime. The app is available for iOS and Android platforms.
- Oct 2017ICO$15M
- Jul 2016Seed$1.1M
- Feb 2016Seed$100K
- Series C$57M
#12
Acquired · Springfield, Massachusetts · founded 2001$70Mraised▾
HealthFirst Financial is a patient financing provider covering planned procedures as well as unexpected health care events. HealthFirst partners with healthcare providers to offer financing options for their patients while providing upfront payment to providers. Bills of all the empanelled providers can be added to the HealthFirst account, which can be accessed via a mobile app. The payment program consists of low or no interest credit lines with monthly payments as low as $25 and term lengths up to 60 months. There is no credit check, so this program does not impact patients’ credit scores. As of May'17, HealthFirst has helped patients with over $300M bills.
- May 2017Conventional Debt$70M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Alternative Lending coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.