With the evolution of digital banking and mobile-commerce, marketplace lending (MPL) has entered a new growth phase. If compared on the basis of loan volume...
Tag - Citigroup
Its a good thing that everything that happens in Vegas doesn’t stay in Vegas, which is where the Seventh Annual Money20/20 Conference took place on October...
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Today’s main news: OnDeck creates subsidiary for bank partnerships. Lendio hits $1B in business loans. Blend Network on track to exceed...
LendIt Fintech USA 2018, April 9-11 in San Francisco, was a huge success. One of the more interesting panels was on how the non-banking sector is taking over...
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Today’s main news: Ron Suber joins MoneyLion board. Prosper reports full year results. Orca launches P2P investment...
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Today’s main news: Marcus surpasses 2017 goal. LendInvest gets into buy-to-let. Top 3 spots on KPMG Fintech 100 list are all...
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Top customer-rated lenders dominated by marketplace lenders except on mortgages.
AutoFi raises $17M in working capital.
Citigroup considering buying or...
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Avant layoffs 7.5% , targets profitability in 2 years, shuts down new markets.
SoFi securitization rated AAA, 1st one in marketplace lending.
Explanation...
Zopa’s default at 0.8% puts P2P risk sits between savings, which are safe, and riskier stocks.
Forbes article with great data comparing p2p to standard...