Best Alternative Lending Companies in Vancouver, Canada
The 32 best Alternative Lending companies in Vancouver, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Fraction.
Ranked: Best Alternative Lending companies in Vancouver
| # | Company | Disclosed funding | Last round | Stage | Founder | Employees | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Fraction Online platform for reverse mortgage loans | $247M | 60 mo ago | Series D | Josh Baker Co-Founder & CTO | 18 | WebflowStripeGoogle Ads+27 | — |
| 2 | Mogo Provider of an app-based platform for consumer loans and debt management solutions | $210M | 112 mo ago | Public | Dave Feller Founder and CEO | 261 | GhostApple iCloud MailNode.js+20 | — |
| 3 | Progressa Loan consolidation solution | $72M | 98 mo ago | Series C | Nathan Slee CEO | 95 | Cart FunctionalitySquarespace CommerceSquarespace+18 | — |
| 4 | Instant On-demand payment solutions for businesses and individuals | $39M | 40 mo ago | Series B | — | 48 | WordPressApple iCloud MailGoogle Workspace+37 | — |
| 5 | TCC Financial Provider of alternative capital to mid-market enterprises through custom finance solutions | $31M | 45 mo ago | Funding Raised | Jim Case CEO | — | — | — |
| 6 | Lendful An online lending marketplace for personal loans. | $11M | 120 mo ago | Acquired | — | 9 | — | — |
| 7 | Grow Online lending platform for personal loans. | $10M | 108 mo ago | Acquired | — | 11 | — | — |
| 8 | Merchant Growth Provider of financing solutions for small and medium-sized businesses | $3M | 60 mo ago | Seed | David Gens Founder & CEO | 59 | WordPressMySQLPHP+41 | — |
| 9 | Timia Capital Provider of P2P platform for revenue-based financing | $3M | 58 mo ago | Acquired | — | 12 | WordPressMySQLPHP+17 | — |
| 10 | Levr Online AI-enabled marketplace offering diversified business loans | $2M | 32 mo ago | Seed | — | 15 | WordPressMySQLPHP+39 | — |
| 11 | Liquidity Marketplace Marketplace for unintermediated borrowing and lending between institutional members | $1M | 100 mo ago | Seed | Brian Conway Co-Founder | — | — | — |
| 12 | Brighter Investment Online platform focused on private funds | $740K | 75 mo ago | Funding Raised | Thijs Mathot Founder & CEO | 8 | — | — |
| 13 | Trueplace Online platform for down payment financing | $125K | 55 mo ago | Seed | Karan Grover Co-Founder | 2 | — | — |
| 14 | Bree Online platform for cash advance loans | $125K | 62 mo ago | Seed | — | 6 | SentryZendeskChart.js+27 | — |
Top 12 Alternative Lending companies in Vancouver
#1
Series B · Vancouver, British Columbia · founded 2015 · 48 employees$39.1Mraised▾
On-demand payment solutions for businesses and individuals. It features solutions for claim instant pay offers, real-time balance checks, requests for payment, tips management, payment cards, mileage tracking, and more. It offers products to help businesses offer their employees financial freedom, including Instant Pay, Instant Miles, and Instant Card.
- Jul 2023Series B$12.7M
- Jul 2021Series A—
- Oct 2019Series A$11.9M
- Apr 2018Series A$11.4M
#2
Seed · Vancouver, British Columbia · founded 2021 · 15 employees$2.5Mraised▾
Online AI-enabled marketplace offering diversified business loans. It allows the borrower to provide their loan requirements and data on their platform, which enables the platform to leverage AI ML to analyze that data and find the best lending partner for the borrower. Based on the match, the platform also tells the required documentation needed for applying and processing of the loan.
- Feb 2024Seed$741.7K
- Feb 2023Seed$751.3K
#3
Funding Raised · Vancouver, British Columbia · founded 2013$30.8Mraised▾
Provider of alternative capital to mid-market enterprises through custom finance solutions. It offers asset-based loan and lease solutions to borrowers facing funding challenges, including transitional and distressed balance sheet restructurings, rapid-growth working capital, and acquisition requirements. It evaluates capital needs and inherent risks from an enterprise perspective, allowing for tailored and timely credit solutions. It works with clients to understand their assets, business, and credit needs to provide custom capital solutions.
- Jan 2023Conventional Debt$30.8M
#4
Series D · Vancouver, British Columbia · founded 2018 · 18 employees$247.1Mraised▾
Online platform for reverse mortgage loans. It allows borrowers to convert up to half of their home equity into tax-free cash. It also renews the agreement after five years.
- Oct 2021Series D$20M
- Feb 2021Conventional Debt—
- Feb 2021Series D$227.1M
#5
Public · Vancouver, British Columbia · founded 2008 · 261 employees$209.6Mraised▾
Provider of an app-based platform for consumer loans and debt management solutions. It features an online account with a VISA reloadable prepaid card. It offers personal and mortgage loans to customers with a step-based interest rate, tools for checking credit scores, crypto trading platforms, and more. The application is available on Android and iOS devices.
- Jun 2017Post IPO$4M
- Jul 2016Conventional Debt$387.6K
- Sep 2015Venture Debt$200M
- 2015Post IPO—
#6
Series C · Vancouver, British Columbia · founded 2013 · 95 employees$72.4Mraised▾
Progressa provides loan consolidation solutions. Users can apply via the platform and the loan application includes a phone interview with the loans advisors. Progressa checks the monthly financial budget with the user to make sure the loan is affordable to the user. Upon approval of loan consolidation from the user, the user can set the exact payment and choose the repayment period.
- Aug 2018Series C$63.9M
- Aug 2018Conventional Debt—
- Dec 2016Conventional Debt$3.9M
- Dec 2015Series A$8.5M
#7
Acquired · Vancouver, British Columbia · founded 2008 · 12 employees$2.9Mraised▾
Provider of P2P platform for revenue-based financing. It provides growth capital to start-ups in exchange for a percentage of future revenue. It enables individual & institutional investors to invest in multiple loan portfolios.
- Dec 2021Post IPO—
- Jan 2018Post IPO$1.5M
- Jan 2018Conventional Debt$1.3M
- Jan 2018Post IPO$64.4K
#8
Seed · Vancouver, British Columbia · founded 2009 · 59 employees$3.3Mraised▾
Provider of financing solutions for small and medium-sized businesses. It offers term financing, lines of credit, and e-commerce financing options. The company provides capital for various corporate purposes, with flexible repayment terms tailored to the client's needs. Its financing options are designed to be quick and convenient, with a streamlined application process. The firm aims to provide funding rapidly, enabling businesses to access capital efficiently.
- Oct 2021Angel$3.3M
- Mar 2018Conventional Debt$23.2M
#9
Acquired · Vancouver, British Columbia · founded 2014 · 11 employees$10.2Mraised▾
Grow (Previously known as Grouplend) was an online provider of unsecured personal loans. It offered loans of up to $30,000 for 3 years at an interest rate that varies between 5.9% to 17.5%. It required the borrower to be a Canadian citizen with a 3 year credit history, a minimum FICO score of 690 and permanent employment with a minimum gross salary of $30,000. In November 2015, GroupLend re-branded to Grow Financial. Grow has stopped lending business and is instead focussing on partnering with financial institutions to provide them with their lending and underwriting technology.
- Oct 2017Series A—
- Aug 2015Series A$10.2M
- Sep 2014Seed—
#10
Acquired · Vancouver, British Columbia · founded 2015 · 9 employees$10.8Mraised▾
Lendful provides an online lending marketplace for personal loans of up to $35,000. The platform requires the borrower to have a credit score of at least 690. Once the borrower has uploaded the application, Lendful uses online data and technology to assess risk, determine a credit rating and assign an appropriate interest rate to the borrower. Once the loan application is approved, the offer is sent to the borrower for consideration and, if accepted, the documentation is executed and money is disbursed.
- Oct 2016Seed—
- Jan 2016Conventional Debt$10.8M
#11
Seed · Vancouver, British Columbia · founded 2021 · 2 employees$125Kraised▾
Online platform for down payment financing. The platform connects homebuyers with mortgage lenders and guides them through the purchasing process with the support of the real estate and legal team. It invests a portion of the down payment in exchange for a share of the future appreciation of the home. Users can apply for pre-approval to get a budget, look for homes they want to buy and connects with federally regulated banking partners and get a mortgage for the home.
- Mar 2022Seed$500K
#12
Funding Raised · Vancouver, British Columbia · founded 2014 · 8 employees$740Kraised▾
Brighter Investment is an online platform focused on private funds. It allows users to invest in education of students and avail returns on the same. Offers tools to link students & investors to assist in the economic development of underdeveloped countries. Also, provides assistance in reducing risk of inflation for investors.
- Jul 2020Conventional Debt$740K
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
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