Sivo is a debt-as-a-service platform that enables fintechs, neobanks, and gig economy platforms to lend money to their users at scale, without the need to raise their own debt capital. Sivo provides an API and risk protocol that allows businesses to offer lending products quickly, streamlining what is typically a lengthy and complex process.
Sivo’s core service is a programmable debt API, designed to function much like 'Stripe for Debt.' This API allows companies to originate, fund, and manage loans to their users seamlessly. By leveraging Sivo, clients can sidestep the traditional challenges of sourcing debt capital, a process that can often take years, and start lending to their users in a matter of weeks or months instead.
The company has moved rapidly since its inception, signing a $100 million debt capital partnership within its first six months and preparing to launch its API with over 100 companies—including major platforms like Uber—already in the customer pipeline.
Sivo’s founding team brings experience from leading organizations such as Goldman Sachs, Revolut, NASA, McKinsey, and Citigroup, providing deep expertise in risk management, debt products, and enterprise financial software. This background has enabled Sivo to build robust risk protocols and scalable infrastructure that meets the high standards of financial technology clients.
Who Uses Sivo?
Sivo primarily serves:
- Fintech startups looking to launch lending products
- Neobanks aiming to offer credit lines or loans
- Gig economy platforms enabling user or worker advances
- Any business that wants to provide lending services without the complexity of traditional debt-raising processes
Notable companies in Sivo’s pipeline include large-scale platforms like Uber, illustrating its appeal to both emerging fintechs and established tech giants.
Sivo’s Competitive Landscape
Sivo operates in the fintech sector, specifically in the debt-as-a-service and lending infrastructure space. Its main competitors and related platforms include:
- Spinwheel: Offers debt APIs for real-time consumer and credit data, along with payment processing integration.
- Plaid Liabilities: Provides access to detailed loan and liability data via API endpoints.
- Tracers: Focuses on collections with APIs for skip tracing and debt recovery.
- Debtist: Offers debt collection APIs for integration with business software.
- Debitura: Enables automated debt recovery through API integration.
- Method: Connects to consumer credit and liability accounts, focusing on data access and refinancing.
- Evolve Credit: Provides API infrastructure to power lending and self-service portals.
While some competitors focus on data connectivity, payment processing, or collections, Sivo’s main differentiation lies in providing direct access to debt capital and lending infrastructure, allowing clients to originate loans at scale without securing their own debt funding.
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