Here are some of the top stories and trends of April 2018 for online lending investors, lenders and industry watchers:
Industry News:
04-02-2018 Online marketplaces for loans are growing rapidly. Should banks be worried? (Harding Loevner)
04-02-2018 In China a new round of regulations are coming in June that will cause yet more disruption in the p2plending industry there. (Financial Times)
04-03-2018 Walmart’s new wire service heightens competition with banks. (American Banker)
04-04-2018 Challenger airlines: The #fintech threat that nobody saw coming. (AltFi)
04-04-2018 What will the financial services industry look like in five years? (Lend Academy)
04-05-2018 What banks and fintechs can expect from N.Y. Fed’s new chief. (American Banker)
04-05-2018 How has the World changed since the 2008 financial crisis? (WSJ)
04-09-2018 Millennials see digitisation as a “basic requirement” in wealth management. (AltFi)
04-09-2018 Nelnet Expands Loan Service Offerings to Fintech Lending Platforms. (Crowdfund Inside)
04-10-2018 U.S. regulator to publish #fintech charter position in next few months. (Rueters)
04-10-2018 How do millennial women invest? SoFi has some data. (AltFi)
04-11-2018 New alternative lending investment platform for institutional investors launches. (AltFi)
04-12-2018 Will Facebook’s data problems have an upside for banks? (American Banker)
04-16-2018 Goldman Sachs acquires personal finance app Clarity Money. (AltFi)
04-16-2018 The weird world of financial wellbeing welcomes a new champion: Goldman Sachs. (AltFi)
04-17-2018 BondMason Reports that Mid-Sized Online Lenders Growing Faster. (Crowdfund Inside)
04-18-2018 The browser standard that just might make online banking safer. (American Banker)
04-19-2018 The UK’s largest P2P lender has opened its Innovative Finance ISA to new investors. (AltFi)
04-19-2018 Highlights from the many keynotes and more at LendItFintech USA 2018 held in San Francisco April 9-11. (LendAcademy)
04-20-2018 Uncertain times are prompting demand for alternative credit. (AltFi)
04-22-2018 Technology Is Delivering Better Access To Financial Services. Here’s How. (Forbes)
04-23-2018 New research reveals the IT crowd are expecting huge change from #blockchain technology and it will be “as transformative as the internet”. (AltFi)
04-24-2018 World Bank Releases the Latest Global Findex Database. (LendAcademy)
04-30-2018 Amazon plays the long game to win over customers. (American Banker)
Platform News:
04-06-2018 SoFi Forms Partnership With Korn Perry to Offer Career Tools to Members. (Crowdfund Inside)
04-06-2018 Assetz Capital announced it has reached a record number of loans available to investors using their Manual Lending Account. (Crowdfund Inside)
04-06-2018 We knew it was coming but it looks like @SoFi is going to start offering deposits and debit cards to some customers starting next month. (Bloomberg)
04-11-2018 Lending Club Ex-CEO Is Staging A Comeback With New #Fintech Startup. (Forbes)
04-12-2018 P2P lender, Zopa has announced a governance restructuring ahead of the hotly-anticipated launch of its bank. (AltFi)
04-13-2018 OnDeck Prices $225 Million Initial Principal Amount Of Series 2018-1 Fixed Rate Asset-Backed Notes. (Crowdfund Inside)
04-17-2018 Assetz Capital strikes partnership to increase mortgage lending. (AltFi)
04-17-2018 CAN Capital Welcomes Tom Davidson as New CFO. (Crowdfund Inside)
04-18-2018 An Interview With Christopher Hurn, Founder and CEO of Fountainhead Commercial Capital. (MonJa)
04-20-2018 P2P lender RateSetter offers ISA investors £100 cash incentive. (AltFi)
04-23-2018 SoFi Becomes More Like a Bank without Becoming a Bank. (Crowdfund Inside)
04-24-2018 Zopa sees £100m of Innovative Finance #ISA inflows. (AltFi)
04-25-2018 OnDeck Announces $100 Million Revolving Credit Facility Closing. (Crowdfund Inside)
04-25-2018 Government accuses LendingClub of misleading borrowers. (American Banker)
04-26-2018 LendingClub Drops as FTC Calls ‘No Hidden Fees’ Slogan Deceptive. (Bloomberg)
04-27-2018 Global Online Lender Kabbage Will Acquire #Fintech Pioneer Orchard. (Crowdfund Inside)
04-27-2018 PeerIQ Releases Their Marketplace Lending Securitization Tracker For Q1 2018. (Lend Academy)
4-30-2018 Matt Burton and David Snitkof will join Kabbage in leadership roles. (AltFi)