Peer-to-Peer Lending Gets Real With a P2P ATM
Need cash but the bank account’s empty? No problem, try the ATM — the peer-to-peer (P2P) ATM, that is. Crowdfunding and P2P lending have become mainstream concepts. Kickstarter is practically a...
View ArticleVIDEO: Alternative Lenders Are So Hot Right Now
If you need to borrow money, you picked a great time. New “alternative” –meaning nonbank — lenders are popping up every day. Within the past week, Kabbage, a small business lender, and SoFi, which...
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The fast money moving into P2P lending and the danger of another subprime...
Hope springs eternal, but math is merciless. Financial innovation makes us hope for better outcomes for all. We hope that the securitization of mortgages leads to more people being able to afford to...
View ArticleMarketplace Lenders Look to Banks to Find Borrowers
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...
View ArticleChina Rapid Finance ‘Owns’ Consumer P2P Lending in China
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...
View ArticleA 3D Look at UK Altfi Lending: Government, Associations and Businesses
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...
View ArticleWhat the Expanding Scope of P2P Lenders Means to Banks
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...
View ArticleP2P Financial Matchmaking: Low CAC and Scale-up Recipes
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...
View ArticleLending Marketplaces Grow Up (and Get Boring)
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...
View ArticleSelf-Regulation Said to Be a Goal for New Marketplace Group
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...
View ArticleHalf of Investors Allocate Capital to Marketplace Lending, Survey Shows
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...
View ArticleKreditech and the Next Generation of Consumer Banking
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...
View ArticleWhat Does The Credify Story Tell Us About Market Place Lending And $LC Stock?
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...
View ArticleRecord Number of Banks Want to Partner with Lending Club
Lending Club might be through the woods, thanks to banks. Banks made up a “record” 40% of the lender’s almost $2 billion originations for the quarter, up from 31% last quarter, according to Lending...
View ArticleInside The Royal Bank of Scotland’s Innovation Strategy
EXCLUSIVE – Traditional banks cannot afford to ignore fintechs. What started out as a nascent subsect of the broader financial space is now at the forefront of how people bank. The impact of fintechs...
View ArticleProsper Raises New Funding, Loses Unicorn Status
Alternative lending startup Prosper raised new funding in a Series G last week, with the $50 million round bringing its equity funding. However, the new capital — driven by Hong Kong-based FinEx ASIA...
View ArticleCleveland Fed Pulls P2P Lending Report for ‘Revision’ Over Questions on Data
The Federal Reserve Bank of Cleveland has taken a report on P2P lending offline due to questions regarding the report’s underlying data. Released earlier this month, the report — which is now under...
View ArticlePeer-to-Peer Lending Gets Real With a P2P ATM
Need cash but the bank account’s empty? No problem, try the ATM — the peer-to-peer (P2P) ATM, that is. Crowdfunding and P2P lending have become mainstream concepts. Kickstarter is practically a...
View ArticleVIDEO: Alternative Lenders Are So Hot Right Now
If you need to borrow money, you picked a great time. New “alternative” –meaning nonbank — lenders are popping up every day. Within the past week, Kabbage, a small business lender, and SoFi, which...
View ArticleMarketplace Lenders Look to Banks to Find Borrowers
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...
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