MonJa @ Opal Group’s Marketplace Lending and Alternative Financing Summit
James Wu, MonJa’s CEO and Co-Founder, recently attended the 3-day Marketplace Lending and Alternative Financing Summit. The summit was an endeavor to create a platform for dialogue and education for all the stakeholders involved in the Marketplace Lending (MPL) ecosystem. The who’s who of the alternative lending industry were gathered to share their insights on […]
Monthly News Update- January 2018
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 […]
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 […]
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 […]
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 […]
The State of Federal Regulation in Marketplace Lending
As our team prepares to attend LendIt 2017, the World’s Biggest Show in Lending and Fintech in New York next month, we find ourselves thinking about the current state of federal regulation in marketplace lending. In industry news today, there’s a lot of buzz regarding updates to the special purpose fintech charter announced by the Office […]
TRANSCRIPT: Liquidity Outlook (2nd Annual Investors' Conference On Marketplace Lending)
The following is the transcript for the panel entitled Liquidity Outlook: Establishing a Secondary Loan Market held at the 2nd Annual Investors’ Conference On Marketplace Lending on December 1, 2016. Visit IMN’s website to listen to the full audio session. Participants Michael McLaughlin, Senior Managing Director (MACQUARIE GROUP) Rupert Taylor, Founder (ALTFI DATA) Joseph Besecker, Chairman, President & […]
Liquidity & The Secondary Market: Highlights From IMN's 2nd Annual Investors' Conference on Marketplace Lending
Earlier this month, the Information Management Network (IMN) brought together online lending platforms, asset managers, senior lenders, regulators, fixed income investors, and others at the 2nd Annual Investors’ Conference on Marketplace Lending in New York. In addition to discussions on sustainable financing, composite lending, and risk management, as well as a year-end review of […]
Life After Lending Club: How The Market Is Responding To The Problems Of 2016
2016 has been quite the year for marketplace lending — beginning with Lending Club’s troubles in May, whose effects have rippled throughout the rest of the year, and continuing with external political factors affecting the global market (read: Brexit in June, the U.S. election in November). It has certainly been a difficult year for all […]