MonJa’s Small Business Lending Interview Series: Rohit Arora, CEO and Co-Founder of Biz2Credit
We continue introducing MonJa’s new project: Small Business Lending Interview Series. During these interviews with industry leaders, we will cover their stories of success, challenges they overcome, and secrets of their competitive advantages in small business lending arena, as well as their perspectives on the online lending industry. This time we are welcoming our second guest: Rohit Arora, CEO and Co-Founder […]
MonJa's Small Business Lending Interview Series: Brett Baris, CEO and Co-Founder of Credibility Capital
We are excited to introduce MonJa’s new project: Small Business Lending Interview Series. During these interviews with industry leaders, we will cover their stories of success, challenges they overcome, and secrets of their competitive advantages in small business lending arena, as well as their perspectives on the online lending industry. We are very honored and […]
MonJa @ Panel Event: “How can Financial Institutions and FinTech companies work together and the impact of Generational Diversity”
Organized by Golden Gate Risk Management Association (RMA) and Enterprise for Youth, the event took place on Thursday, 30th November 2017 at Wells Fargo Bank, San Francisco. Panelist – Matt Kelso (Co-Founder & CTO, MonJa), Jan Beranek (Founder, Beranek Consulting Group), Dave Sherman (Chief Analytics Officer, Waybeyond Rewards), Ben Chan (Director of Engineering, BitGo), Joe Serrato […]
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 […]
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 […]
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 […]