Jan 11 2016 Daily News Digest


January 8th 2015
Title Description Publication
Trust, data, and why marketplace lenders are here to stay Describing marketplace lending as a tech efficiency play Banking Technology
Lendix Takes the Lead in France’s SME Crowdlending There are 60 Crowdlending platforms in France. And other numbers about Crowdlending in France. Crowdfund Insider
VPC Specialty Lending Posts Update on Shares VPC now has exposure to 21 different online lending platforms that focus on both consumer and SME lending Crowdfund Insider
Market Jitter on Lending Funds Data on valuation and list of the alternative lending funds in the UK Alt Fi
Lending Club Opens to Retail Investors in New Jersey and Oregon Lending Club opens to retail lending capital investors in NJ and Oregon PR Newswire
Access to Capital Among Top Focuses of New SBA Report How P2P SME lending fits with the Small Business Administration mandate and policy Small Business Trends
LendInvest Now Over £500 Million in P2P Property Loans Lendinvest has released that in the first few days of 2016 the platform topped £500 million in commercial property lending. According to the platform, today in the UK approximately 10% of all peer to peer loans are facilitated by LendInvest Crowdfund Insider
MarketInvoice States: London SMEs Turn Their Backs on Banks, Shifting to Peer to Peer SME borrowing from banks in the UK dropped 40% in Q3 of 2015. The report continues to explain that London SMEs borrowed £350 million through P2P lending in 2015 Crowdfund Insider
Beware of Crowds Bearing Funding A growing number of reports show investors failing to get a return in p2p lending Economy Watch
P-2-P Model of lending People discovering the p2p lending model in 2016 , again Money Life


January 7th 2015
Title Description Publication
Lending Club Analyst Sees 'Risks Intensifying,' Maintains Sell With 16% Downside More bad news about Lending Club shares Benzinga
Dallas Fed on Community Banks: “Too Small to Succeed”, Crushed by Excessive Regulations Fed agrees that small banks have been crushed by regulation while large banks are doing fine. This opens the door to marketplace lending and alt finance Crowdfund Insider
Prosper’s 2015 in numbers $1.15 bn in Q4 2015 AltFi
Canadian online lending marketplace Lendful raises $15m Alterna Bank provides $15m lending capital to Lendful Finextra
Lending Club (LC) Stock Rating Lowered by Zacks Investment Research Zacks also downgrades Lending Club Beanstockd
Chaomei Chen Appointed Member of Yirendai Advisory Committee Yirendai, the Chinese public Marketplace Lending entity adds risk management, credit analysis , tech and business operations executive, Ms. Chen CNN Money
P-2-P Model of lending Money Life discovered P2P lending and is explaining it Money Life
PledgeMe to Offer P2P Lending Alongside Equity Crowdfunding in New Zealand Crowdfunding equity and kickstarter like platform in NZ entering debt space Crowdfund Insider
China’s battle to curb fraud at internet lenders How loses in Ezubao stock led to unhappy investors complaints and to the new P2p regulation wave in China Soutch China Morning Post
7 Tips to Get the Most Value Out of P2P Lending How to make extra returns with p2p lending and basic rules to follow to get best risk to reward ratio Student Loan Hero


January 6th 2015
Title Description Publication
Fintech Startups Face Difficult Market Ahead Fintech startup review. Existing number of fintech startups at anywhere between 5,000 to 6,000 companies Forbes
CommonBond Surpasses $625M in Total Funding; Appoints Beth Starr As Vice President & Head ... Common Bond Closes $275 million warehouse line from Barclays, Macquarie Capital and others. Crowdfund Insider
US, European P2P markets to take bigger strides in 2016 Review of 2015 P2p lending year in US and Europe Global Capital
Kiva — Where Crowdsourcing Meets Alt-Lending The original microlender and their story
The fintech bank hoping for a delinquency Common Bond has 0 default and 0 30-day delinquent after $500 lent Crowdfund Insider International P2P Lending Services - Loan Volumes December 2015 Loan volumes Dec 2015 by country
P2P Asset Manager BondMason Launches New P2P Hedge fund / Asset manager launch across multiple originators AltFi
M&A, Alt-Lending And Business Cybercrimes At The Start Of 2016 New statistics highlight the rising popularity of alternative small business lending; others uncover just how prominent cybercrimes are in B2B deals
Wells Fargo: The Tide May Be Turning Arguing that Wells Fargo is a solid bank that is not hurting right now and explaining why Seeking Alpha
Ex-bankers start Quikrupee to make loan disbursement easier for SMEs Indian SME lending Alt Lended started in Chennai Raises €1m Milan-based P2P platform closes a 1m EUR investment round led by Italian VC firm P101 AltFi


Jan 5th 2016
Title Content Publication
Inside J.P. Morgan’s Deal With On Deck Capital More details on the On Deck - JPM deal ( deal is not live, will be rolled out state by state) Wall Street Journal
Big Banks Embrace Small Lenders Rather Than Compete Against Them How bank are trying to work with alternative lenders, different strategies Wall Street Journal
15 startups that appear best placed to enter the $1-billion valuation club The $1bil valuation list India Times
After Winning at Chess, This Computer May Help Decide Loans Chess machine to determine loan value, an alternative underwriting method ? Bloomberg
China P2P Lending Topped $150 Billion in 2015 Some data from China, always unsure how true data is Crowdfund Insider
Regulations Galore Part I: Online Payments in China Analysis of the Chinese regulation. As expected includes KYC, tiered, limitations based on verification methods... Crowdfund Insider
Bullion Secured P2P Lender Now Facilitating S$ 1 Million a Month in Loans Secured lending , secured with bullion gold and silver. Surprisingly low volume... Crowdfund Insider

Author  : George Popescu

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 ( ), 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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"Your daily letter is great!" , Ram , Founder and CEO, PeerIQ

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"Hey George, I must say I really enjoy your site. It has inspired me to do some changes at our platform and we are the biggest consumer lender in Sweden." , Ludwig, CEO @ Savelend Sweden AB

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