Please enjoy some of the online lending news that caught our eye in December.
Industry News:
12-01-2017- The #Fintech Effect: Amazon, Google, and the Disruption of Small Business Lending (Boss Magazine)
12-04-2017- Victory Park Capital invests £35m in micro-lender Oakam (altfi)
12-06-2017- Fidor Bank makes 2018 predictions, anticipates Blockchain rise and RegTech take off (altfi)
12-06-2017- Overview of US Consumer Lending (MonJa Blog)
12-12-2017- Court throws out New York regulator’s suit against OCC fintech charter (American Banker)
12-12-2017- Building a Capital Roadmap (White Paper by Orchard)
12-13-2017- Open Banking Trends Shift to US Market (Lend Academy)
12-14-2017- My Thoughts on Bitcoin and Sharing my Cryptocurrency Portfolio (Lend Academy)
12-14-2017- New survey reveals 2017 investor highs and lows, plus 2018 opportunities (altfi)
12-15-2017- Alternative Finance Boom Continues With 43% Growth (Forbes)
12-18-2017- Food for Thought: SEC Turns Up the Heat on Utility Token Sales (Crowdfund Insider)
12-18-2017- Consumer credit to stay strong even as rates rise (BANKING EXCHANGE)
12-19-2017- American Banker’s Small Business Banking Conference (MonJa Blog)
12-20-2017- Panel Event: “How can FI and FT companies work together and the impact of Generational Diversity” (MonJa Blog)
12-20-2017- PayPal backs fintech deposit marketplace Raisin (altfi)
Platform News:
12-01-2017- Lending Club closes “first-of-its-kind” marketplace lending securitization (altfi)
12-04-2017- Zopa zooms ahead to become the first consumer peer-to-peer group to lend out £100m in a month (CITYA.M.)
12-04-2017- Prosper’s Top Concern in 2018 is Liquidity, CEO Says (Bank Innovation)
12-05-2017- LendingClub Introduces New Certificate Investment Vehicle (Lend Academy)
12-05-2017- Funding Circle Has Originated Over £3 Billion in Loans Since Platform Launch (Crowdfund Insider)
12-06-2017- Online lender Kabbage hits $4bn landmark in SME loans, hires new COO (altfi)
12-06-2017- RateSetter sees losses grow after tough year, now eyes return to profitability (altfi)
12-06-2017- Recent Origination Milestones in Online Lending (Lend Academy)
12-06-2017- IOU Financial Surpasses US$500 Million in Loans Originated (CNW Group)
12-11-2017- SoFi closes $769m Student Loan Securitization (altfi) 12-11-2017-
Takeaways From LendingClub’s First Ever Investor Day (Lend Academy)
12-12-2017- SoFi Forms New Partnership With WSFS Financial Corp For New Cash Management Account (Crowdfund Insider)
12-13-2017- Prosper poaches former JP Morgan CMO as latest director (altfi)
12-14-2017- LendInvest hits $1bn in funds under management (altfi)
12-19-2017- Assetz Capital launches IFISA wrapper (altfi)