Revenue Growth Benchmarks
Top-line performance metrics of companies across industries and countries
US Listed Digital Lending Companies (Revenue > $100 Mn)
LTM revenues of the leading digital lending companies showed an average growth of 3%, following a 1.4% decline in revenues on an annualized basis. Over a 5-year period, the revenues of these companies expanded by over 22%, with notable contributions from companies such as Fincera (China), Qifu Technology (China), However, Yiren Digital (China), Weidai (China), and Bread Financial Holdings (US) experienced slower growth in comparison.
[ 1: LTM Sales in USD Biliion | Red Shading: Companies with negative growth in period | Green Shading: Top 10 companies by growth rank in period ]
| Company | HQ | Reported | Latest | LTM | year-on-year % | CAGR | Growth Rank | ||||||||||||
| Currency | FQ | Sales1 | 3m | 6m | 9m | ltm | 1y | 2y | 3y | 5y | 6m | LTM | 3ycagr | 5ycagr | |||||
| Ally Financial Inc | USA | USD | 2023-12 | 9.07 | -6.0% | -3.8% | -2.6% | -1.8% | -1.8% | 1.6% | 6.6% | 6.0% | 14 | 15 | 14 | 13 | |||
| Lufax Holding Ltd | CHN | USD | 2023-09 | 4.53 | -44.3% | -46.1% | -47.9% | -45.0% | -16.7% | 2.1% | 7.1% | 14.8% | 23 | 23 | 13 | 8 | |||
| Bread Financial Holdings Inc | USA | USD | 2023-12 | 4.30 | -1.5% | 1.2% | 2.1% | 11.0% | 11.0% | 14.6% | 9.2% | -5.4% | 12 | 10 | 12 | 17 | |||
| PROG Holdings Inc | USA | USD | 2023-12 | 2.41 | -5.7% | -6.3% | -7.1% | -7.3% | -7.3% | -5.2% | -1.0% | 3.4% | 15 | 16 | 18 | 14 | |||
| Enova International Inc | USA | USD | 2023-12 | 2.12 | 20.0% | 20.4% | 21.0% | 22.0% | 22.0% | 32.4% | 25.0% | 16.8% | 8 | 8 | 9 | 7 | |||
| SoFi Technologies Inc | USA | USD | 2023-12 | 2.11 | 31.6% | 29.2% | 31.6% | 34.0% | 34.0% | 46.3% | 55.1% | 50.9% | 5 | 3 | 3 | 3 | |||
| Qifu Technology Inc | CHN | USD | 2023-09 | 1.84 | 1.9% | -7.3% | -14.5% | -14.6% | -10.8% | 5.9% | 25.3% | 82.3% | 16 | 18 | 8 | 2 | |||
| LexinFintech Holdings Ltd | CHN | USD | 2023-09 | 1.78 | 25.5% | 22.0% | 32.2% | 30.8% | -20.8% | -10.9% | -2.2% | 10.8% | 6 | 4 | 19 | 9 | |||
| FinVolution Group | CHN | USD | 2023-09 | 1.77 | 3.5% | 5.6% | 8.5% | 10.3% | 8.0% | 16.5% | 23.9% | 22.1% | 10 | 11 | 10 | 6 | |||
| Green Dot Corp | USA | USD | 2023-12 | 1.50 | 6.9% | 4.8% | 3.4% | 3.6% | 3.6% | 2.3% | 6.2% | 7.1% | 11 | 13 | 16 | 11 | |||
| Navient Corp | USA | USD | 2023-12 | 1.28 | -30.7% | -9.7% | -18.5% | -26.3% | -26.4% | -23.9% | -8.8% | -7.8% | 18 | 19 | 20 | 19 | |||
| Nelnet Inc | USA | USD | 2023-12 | 1.03 | -23.1% | -20.5% | -21.2% | -26.6% | -26.6% | -8.9% | -0.4% | 0.4% | 21 | 20 | 17 | 15 | |||
| Jiayin Group Inc | CHN | USD | 2023-09 | 0.69 | 57.7% | 52.6% | 64.7% | 79.2% | 67.9% | 53.6% | 13.9% | 6.6% | 2 | 1 | 11 | 12 | |||
| LendingTree Inc | USA | USD | 2023-12 | 0.67 | -33.5% | -34.2% | -32.7% | -31.7% | -31.7% | -21.8% | -9.6% | -2.5% | 22 | 21 | 21 | 16 | |||
| Yiren Digital Ltd | CHN | USD | 2023-09 | 0.66 | 50.0% | 52.3% | 44.8% | 29.9% | -29.9% | -9.8% | -26.3% | -22.4% | 3 | 5 | 23 | 21 | |||
| Nerdwallet Inc | USA | USD | 2023-12 | 0.60 | -5.8% | 0.7% | 4.9% | 11.2% | 11.2% | 25.7% | 34.7% | na | 13 | 9 | 5 | - | |||
| Upstart Holdings Inc | USA | USD | 2023-12 | 0.51 | -5.2% | -10.0% | -23.2% | -39.3% | -39.3% | -22.5% | 31.8% | 39.7% | 19 | 22 | 7 | 4 | |||
| MoneyLion Inc | USA | USD | 2023-12 | 0.42 | 19.0% | 21.5% | 21.7% | 24.3% | 24.3% | 57.3% | 74.7% | na | 7 | 6 | 1 | - | |||
| X Financial | CHN | USD | 2023-09 | 0.28 | 54.7% | 58.6% | 30.0% | 22.4% | -7.1% | na | 6.6% | 7.7% | 1 | 7 | 15 | 10 | |||
| Propel Holdings Inc | CAN | CAD | 2023-12 | 0.29 | 52.2% | 44.8% | 41.2% | 39.3% | 34.0% | 58.2% | 64.6% | 38.4% | 4 | 2 | 2 | 5 | |||
| Katapult Holdings Inc | USA | USD | 2023-09 | 0.21 | 9.8% | 6.2% | 1.4% | -9.4% | -30.0% | -7.4% | 32.2% | na | 9 | 17 | 6 | - | |||
| Fincera Inc | CHN | USD | 2019-06 | 0.20 | -32.4% | -13.1% | 1.9% | 4.6% | 32.1% | 27.3% | 42.9% | 213.5% | 20 | 12 | 4 | 1 | |||
| Jianpu Technology Inc | CHN | EUR | 2023-09 | 0.15 | -15.2% | -8.6% | 2.8% | 1.5% | 19.8% | 34.9% | -10.1% | -6.3% | 17 | 14 | 22 | 18 | |||
| Weidai Ltd | CHN | USD | 2021-12 | 0.11 | na | -73.4% | na | -50.8% | -52.6% | -51.9% | -42.0% | -15.3% | 24 | 24 | 24 | 20 | |||
| Source: Annual Filings, Company Website | |||||||||||||||||||