MonJa Launches Advanced Fraud Detection Feature for Safer Document Analysis. LEARN MORE

Here are some of the top stories and trends of August 2016 for marketplace lending investors and industry watchers:

Industry News:

08-03-2016- The Online Lending Obstacle Course (Bloomberg)

08-03-2016- How Millennials Will Change Online Lending (Orchard Platform)

08-03-2016- Do We Need Bank Branches?  (Lend Academy)

08-08-2016- What does a drop in interest rates mean for SME P2P lenders?(altfi)  

08-09-2016- David Snitkof of Orchard Shares Unique Insight into Online Lending Market Dynamics (Crowdfund Insider)  

08-10-2016- FSCS protection would be spark that ignites crowdfunding and p2p lending growth – and finally levels playing field with banks (altfi)

08-11-2016- How Brexit Has Impacted P2P Lending (Bloomberg)

08-11-2016- How small firms are increasingly turning away from traditional lenders for funding (CITYA.M.)

08-11-2016- Mintos Reports: Over €50M in Loans Financed on the P2P Lending Marketplace Since Launch (Crowdfund Insider)

08-15-2016- Assetz Capital Receives 5-Star Rating From Defaqto (Crowdfund Insider)

08-15-2016- Two CEOs tell us where alternative lending is headed (Business Insider)

08-15-2016- Shares in Yirendai Jump as Chinese P2P Lender Executes on Objectives (Crowdfund Insider)

08-17-2016- When will private banks offer marketplace lending investments? (altfi)

08-18-2016- United Overseas Bank Trains Bankers on Alternative Finance as Partner OurCrowd Receives License in Singapore (Crowdfund Insider)

08-19-2016- Pantheon: Plenty of opportunities in fintech and P2P despite Lending Club’s woes (altfi)

08-22-2016- P2P Lender Arboribus Received Regulatory Approval in Spain (Crowdfund Insider)

08-22-2016- Goldman Sachs scraps Mosaic for Marcus ahead of its marketplace lending platform launch (altfi)

08-23-2016- Government Minister: Fintech is a Critical Differentiator for Singapore (Crowdfund Insider)

08-23-2016- Greater Scrutiny Looms for ‘Rent-a-Charter’ Deals (WSJ)

08-29-2016- Square Is Expanding Lending and Payment Services With Two Competitors (Fortune)

08-30-2016- A Blockchain solution for Marketplace Lending, it’s from Sydney (altfi)

Platform News:

08-08-2016- Lending Club Reports Q2 2016 Results With $1.96 Billion in Originations (Lend Academy)

08-08-2016- Lending Club Announces Q2 Financial Results: “Our efforts to reengage investors are working” (Crowdfund Insider)

08-09-2016- OnDeck Reports Q2 2016 Results and Continues to Grow Originations (Lend Academy)

08-09-2016- VPC Speciality Lending fund shifts strategy to greater balance sheet exposure after difficult Q2 (altfi)

08-10-2016- Prosper Says Policy Changes Have Driven Lower Loan Delinquencies (Crowdfund Insider)

08-17-2016- Franchise Lender ApplePie Integrates with Orchard Platform (Crowdfund Insider)

08-17-2016- Banks and Marketplace Lending Platforms: Ideal Partners? (Lend Academy)

08-22-2016- Not Shady At All: Perspective on Repeat Borrowers at Lending Club (Lend Academy)

08-23-2016- Avant closes $255m asset-backed Securitisation with JP Morgan, Credit Suisse and Morgan Stanley (altfi)

08-30-2016- Largest P2P lending platforms in the US (SMNWEEKLY)

Leave a Reply

Your email address will not be published. Required fields are marked *