Events

New York: Recent updates in alt finance: profitability, CFPB and Treasury Department

What?

Recent updates in alt finance: profitability, CFPB and Treasury Department

 

Background :

Perhaps as a sign that the alternative finance and marketplace lending space is maturing, there has been a shift in focus from “building” to “profitability.” We will discuss this change in focus and its implications.

On Tuesday, May 10th the Treasury Department is scheduled to release its findings from last year’s request for information on marketplace lending. Depending on the timing of the release, we hope to have a discussion of our reaction to the findings.

Regardless of the Treasury Department findings, the CFPB is targeting the marketplace lending space for regulation: what does that mean for the industry as a whole?

Program :

45 minutes of networking
30 minutes standing panel with Q&A :

Gregory Nowak, Partner at Pepper Hamilton, and practice leader for hedge funds and marketplace lending
Oren Bass, CEO, Pave, Inc.
George Popescu, Editor in Chief, Lending Times
Scott Jones, Corporate and Securities partner at Pepper Hamilton,

45 minutes of networking and individual Q&A

Where?

Pepper Hamilton LLP at The New York Times Building
37th floor, 620 Eighth Avenue, New York, NY

When?

Tuesday, May 10, 2016
6:30 PM to 8:30 PM

Who should attend ?

Entrepreneurs and investors, media and in general anybody interested in new startups in the fintech space.
We continue seeking companies to present.

More details:

Recent updates in alt finance: profitability, CFPB and Treasury Department

Tuesday, May 10, 2016, 6:30 PM

Pepper Hamilton LLP at The New York Times Building
37th floor, 620 Eighth Avenue New York, NY

94 Executives Went

General Counsel & Head of Regulatory Affairs, Global Debt RegistryANDPresent:Recent updates in alt finance: profitability, CFPB and Treasury DepartmentDue to circumstances beyond our (and their) control, a large enough number of  startups were unable to confirm their availability to pitch at our Meetup on May 10th. Without a critical mass o…

Check out this Meetup →

About the author

George Popescu

Serial entrepreneur.

George sold and exited his most successful company, Boston Technologies (BT) group, in 2014. BT was a technology, market maker, high-frequency trading and inter-broker broker-dealer in the FX Spot, precious metals and CFDs space company. George was the Founder and CEO and he boot-strapped from $0 to a $20+ million in revenue without any equity investment. BT has been #1 fastest growing company in Boston in 2011 according to the Boston Business Journal and the only company being in top 10 fastest in 2012-13 as it was #5 in 2012. BT has been on the Inc. 500/5000 list of fastest growing companies in the US for 4 years in a row ( #143, #373, #897 and #1270). After the company sale in July 2014 until February 2015 George was Head-of-Strategy for Currency Mountain ( www.currencymountain.com ), a USD 100 million+ holding company focused on retail and medium institutional currencies, precious metals, stocks, fixed income and commodities businesses.

• Over the last 10 years, George founded 10 companies in online lending, craft beer brewery, exotic sports car rental space, hedge funds, peer-reviewed scientific journal ( Journal of Cellular and Molecular medicine…) and more. George advised 30+ early stage start-ups in different fields. George was also a mentor at MIT’s Venture Mentoring Services and Techstar Fintech in NY.

• Previously George obtained 3 Master's Degrees: a Master's of Science from MIT working on 3D printing, a Master’s in Electrical Engineering and Computer Science from Supelec, France and a Master's in Nanosciences from Paris XI University. Previously he worked as a visiting scientist at MIT in Bio-engineering for 2 years. George had 3 undergrad majors: Maths, Physics and Chemistry. His scientific career led to about 10 publications and patents.

• On the business side, Boston Business Journal has named me in the top 40 under 40 in 2012 in recognition of his business achievements.

• George is originally from Romania and grew up in Paris, France.

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