Post Tagged with: "Lending Marketplaces"

What Does The Credify Story Tell Us About Market Place Lending And $LC Stock?

What Does The Credify Story Tell Us About Market Place Lending And $LC Stock?

by November 23, 2016 at 12:00 am 2 comments

This story broke on Wednesday 15 November.  The story is that the founder of Lending Club, Renaud Leplanche, who was ousted in a scandal in May was creating a new venture to compete with Lending Club called Credify. Headlines talked about 2nd Act or Comeback. The story came out inRead More

Marketplace Lending Is Simply Automated Asset Liability Management and That Is a Big Deal

Marketplace Lending Is Simply Automated Asset Liability Management and That Is a Big Deal

by October 26, 2016 at 1:00 am 1 comment

Image source Eons ago I managed a sales team that sold core banking systems to global banks. One sales guy was consistently the best performer. I decided to find out his secret to teach it to the rest of the sales team.  He had found a report that senior managersRead More

The Big and Scary Prize – Marketplace Lending in China

The Big and Scary Prize – Marketplace Lending in China

by October 19, 2016 at 1:00 am 1 comment

Image source This is a two part investigation. Part two will be on Friday. Big: a big and fast growing middle class and a banking sector that has been asleep at the switch on the consumer side; the idea of China as a consumer market is relatively new and ChineseRead More

Takeaways from #LenditEurope: Watch While the Next Phase Unfolds!

Takeaways from #LenditEurope: Watch While the Next Phase Unfolds!

by October 16, 2016 at 1:45 am 0 comments

The weather was beautiful in London, the location was upcoming (O2 North Greenwich) and the size of the conference was ideal. The two chairs, Peter Renton (founder of Lendit) and Christine Farnish (chair of P2PFA) were both great on stage as they covered an industry that has been tainted inRead More

4 Scenarios for Lending Club – the proxy for Fintech disruption or hype $LC

4 Scenarios for Lending Club – the proxy for Fintech disruption or hype $LC

by July 22, 2016 at 1:00 am 1 comment

When Lending Club did its IPO in December 2014 I declared it as the Netscape moment for Fintech (when it became conventional wisdom that this was going to change the world). I could be accused of contributing to the Fintech hype, which became intense in 2015 with investors flooding intoRead More

The Emerging Value Chain Ecosystem in Marketplace Lending

The Emerging Value Chain Ecosystem in Marketplace Lending

by June 17, 2016 at 1:00 am 2 comments

In ye olden days it was called P2P Lending. You can still see the vestiges of that model in services such as Lending Club and Prosper. Everything happened on one service. However as these marketplaces grew, a networked ecosystem has started to emerge. We are 100% confident that this networkedRead More

Blockchain technology could revolutionize small business finance

Blockchain technology could revolutionize small business finance

by June 14, 2016 at 1:00 am 2 comments

Small business finance is a window of opportunity big enough to drive a truck through. Yet despite years of effort by many smart ventures, there has not yet been a breakthrough to mass scale. Many digital loan processing ventures, such as Ondeck and Kabbage have reached significant scale. Yet weRead More

Marketplace Lending Depends on Savers Moving on From Bank Deposits

Marketplace Lending Depends on Savers Moving on From Bank Deposits

by June 3, 2016 at 3:03 am 2 comments

The Fintech is dead meme is now in full flood. Authoritative sources such as this Deloitte report (with sensationalist headline from Business Insider) add credibility to this meme.  This feels like the Internet is dead consensus in 2002. At the time I vividly recall the relief with which media companiesRead More

The Three Channels on the Lending Club Platform

The Three Channels on the Lending Club Platform

by May 19, 2016 at 2:00 am 0 comments

Lending Club is a public company and therefore, discloses more detailed information than the private lending marketplaces like Prosper. Looking into their annual reports, the three distinct channels of their matchmaking business (Borrowers matched with Lenders) and their growth can be found. To put things in perspective: Lending Club hasRead More

Lending Club Skiing Accident: 20th Century Disclosure Ghosts

Lending Club Skiing Accident: 20th Century Disclosure Ghosts

by May 17, 2016 at 2:07 am 0 comments

They were going fast, they were adapting new technologies, high growth rates, they were the first to go public. Of course, they weren’t wearing a helmet (not fashionable) and the crash happened on the lower slopes. In January we wrote in “Lending marketplaces grow up and get boring”: “Lending marketplaces haveRead More