Post Tagged with: "P2P Lending"

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

Kreditech and the Next Generation of Consumer Banking

Kreditech and the Next Generation of Consumer Banking

by June 9, 2016 at 11:55 pm 2 comments

Consumer Banking is fundamentally about lending and non-bank lending (whether called AltFi, Marketplace Lending or P2P Lending) is already a mature market. Consumer Banking has taken 73% of Fintech investment to date (vs only 10% each for Asset Management) and Insurance) and has had the first IPOs and the firstRead More

Half of Investors Allocate Capital to Marketplace Lending, Survey Shows

Half of Investors Allocate Capital to Marketplace Lending, Survey Shows

by April 11, 2016 at 6:14 pm 1 comment

Investors see a sunny future for marketplace lending, according to a survey released today by Richards Kibbe & Orbe LLP (RKO) and Wharton Fintech. The results of the survey, titled 2016 Survey of U.S. Marketplace Lending, show that half of investors surveyed have capital allocated for marketplace lending. The year prior, just 29% had investments in the space. TheRead More

Self-Regulation Said to Be a Goal for New Marketplace Group

Self-Regulation Said to Be a Goal for New Marketplace Group

by April 8, 2016 at 10:28 am 2 comments

Marketplace lenders are getting together — well, three of them, anyway. Marketplace lenders Funding Circle, Lending Club and Prosper announced Wednesday the formation of the Marketplace Lending Association, a nonprofit organization that will “promote responsible business practices and sound public policy to benefit borrowers and investors.” It’s a move likely influenced by theRead More

Lending Marketplaces Grow Up (and Get Boring)

Lending Marketplaces Grow Up (and Get Boring)

by January 4, 2016 at 3:43 am 0 comments

Lending marketplaces are about to get boring. From Birth of P2P loans to Maturity via securitization, the recipes and cookware are looking more and more like old-fashioned financial engineering. “For the kind of people who think technology is all about innovation and cool new things, then, fintech is about toRead More

P2P Financial Matchmaking: Low CAC and Scale-up Recipes

P2P Financial Matchmaking: Low CAC and Scale-up Recipes

by November 30, 2015 at 2:31 am 0 comments

P2P online lending marketplaces claim to be Tech platforms in the match making business. They pair borrowers and lenders and cover the entire lifecycle of the origination process: Customer acquisition Sales Scoring and underwriting Funding Servicing and collections Today I want to think of these platforms as mines. I amRead More

What the Expanding Scope of P2P Lenders Means to Banks

What the Expanding Scope of P2P Lenders Means to Banks

by November 5, 2015 at 11:33 am 2 comments

Peer-to-peer lenders are increasingly expanding their scope of business, and banks can choose to either compete with the disrupters, or collaborate with them to boost their own bottom lines. Either way, banks have the opportunity to transform their models by adopting some of the P2P lenders’ best practices in offeringRead More

A 3D Look at UK Altfi Lending: Government, Associations and Businesses

by October 12, 2015 at 2:49 am 0 comments

Like or not, we live in economies that can only operate efficiently if the Trio – Government, Not-for-profit trade associations, Private businesses – work together. Any block in the flow between these constituents will impair economic growth and social impact that are the essential benefits of healthy private businesses. InRead More

China Rapid Finance ‘Owns’ Consumer P2P Lending in China

China Rapid Finance ‘Owns’ Consumer P2P Lending in China

by August 31, 2015 at 12:38 pm 2 comments

China’s recent financial instability has provided a boon for the safe returns offered investors by P2P lending. And China Rapid Finance is a beneficiary. The renminbi was weakened in early August, and the Shanghai stock market dove nearly 10% later this month. But P2P lending is going strong, returns are steady, and defaults are low,Read More

Marketplace Lenders Look to Banks to Find Borrowers

Marketplace Lenders Look to Banks to Find Borrowers

by March 11, 2015 at 11:36 am 1 comment

Lending Club and Funding Circle do not want to replace banks — they want to work with them. Marketplace lenders such as Lending Club and Funding Circle are often cited as threats to the very existence of banks, but to hear them tell it, they’re more interested in partnering with banksRead More