MonJa @ American Banker’s Small Business Banking Conference
James Wu, MonJa’s Co-Founder and CEO, recently attended the 3-day American Banker’s Small Business Banking Conference. It’s a seminal event in its 23rd year with major BANKING and FinTech leaders attending to present their thoughts on the vector of small business lending. The event took place in Austin, Texas from 29th November 2017 to 1st December. […]
Overview of US Consumer Lending
Financial system across the US took a beating in the aftermath of the 2008 financial crisis and American views changed overnight with regards to their financial system. In a 2014 Gallup poll, only 26 percent expressed having “‘a great deal’ or ‘quite a lot’ of confidence in banks,” down from 41 percent in 2007 and […]
Monthly News Update- December 2017
Here are some of the stories and trends that took place this November in marketplace lending. Please enjoy! Industry News: 11-01-2017- Orchard Partners with Bloomberg with Online Lending Data (Crowdfund Insider) 11-01-2017- GAFA Will Have a Profound Impact on the Future of Finance (Lend Academy) 11-03-2017- 3 ways incumbent wealth managers can survive digital disruption […]
Overview of US-Based Small Business Lending Platforms (Alternative Lenders).
[vc_row][vc_column][vc_row_inner][vc_column_inner][vc_column_text]“Of the 28 million small businesses in the United States, over half faced financial challenges in the last year [2016] Janet Zablock; Former Head of Global Small Business at Visa and currently, an Independent Board member at Nav Inc. As we have all heard multiple times, Small and Medium Businesses (SMB) are the backbone of the […]
Monthly News Update- November 2017
Here are some of the stories and trends that took place this October in marketplace lending. Please enjoy. Industry News: 10-02-2017- The P2P Power 50 (Peer2Peer Finance News) 10-03-2017- Ron Suber, Mitch Jacobs & Alexandra Wilkis Wilson to Advise YieldStreet (Crowdfund Insider) 10-04-2017- Is the hybrid model the future for robo-advice and digital wealth management? […]
Hurricanes Harvey and Irma's impact on loan performance
Based on our observations, Hurricanes Harvey and Irma had a sizable impact on consumer loan performance and delinquency rate during September 2017 among affected borrowers. Please see below for our analysis
Overview of US Real Estate Lending Platforms (Online Lenders)
[vc_row][vc_column][vc_row_inner][vc_column_inner][vc_column_text]Let’s start with some of the reasons that lead to the hyper growth of some of US-based real estate lending platforms. Since the 2008 financial crisis, the whole dynamics of real estate lending has changed. The perennial sources of funding like commercial banks, insurance companies, and other traditional lenders have turned much more conservative when […]
Monthly News Update- October 2017
Here are some of the stories and trends that took place this September in marketplace lending. Please enjoy! Industry News: 09-01-2017- Fintech’s busiest board member lands another role (altfi) 09-05-2017- Upstart 50 Master Ron Suber is a central figure in Bay Area fintech (Biz Journals) 09-09-2017- How To Use A Peer-To-Peer Loan To Pay Off High-Interest […]
Why can’t banks do what Prosper does? And why can’t investors do what MonJa does?
Last week we were honored to be part of a very special event, organized by Vijay Rao, who has been MonJa’s Principal Consultant since the inception of the company. Vijay is also a CFA, FRM, the COO and Founder of Just Invest, Inc., and the chair of the FinTech Commitee at San Francisco CFA Society. The event took place […]
Monthly News Update- September 2017
Most significant and exciting stories and trends that took place this August in the marketplace lending space – all gathered in one place for you. This month: Prosper becomes Cash Flow positive again, Lending Club reports Q2 revenue growth and Funding Circle forms strategic partnership with Aegon. Please enjoy! Industry News: 08-01-2017- Fintech’s busiest board […]