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MonJa Monthly News Update- March 2017

In Industry News by Yulia GnatyukLeave a Comment

Following a record month for consumer focused P2P lenders, and the continued growth of lending leaders like Funding Circle and Prosper, March holds exciting promise for the marketplace lending world, beginning with the upcoming LendIt Conference 2017 in New York. Industry News: 02-02-2017- Billionaire Dan Loeb Is Preparing To Make A Major Bet On Marketplace Loans (Forbes) 02-02-2017- Fintech Startups …

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The State of Federal Regulation in Marketplace Lending

In Marketplace Lending, Industry News by Charity YoroLeave a Comment

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 of Comptroller of the Currency …

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MonJa Monthly News Update- February 2017

In Industry News by Yulia GnatyukLeave a Comment

In this month’s news update, LendingHome and Funding Circle celebrate successes in the industry, the recent Lending Club deal is explored, and market predictions for 2017 (platform consolidation, greater regulation) are unveiled. Industry News: 01-02-2017- Crowdfunding & Fintech Predictions for 2017 (Crowdfund Insider) 01-03-2017- Three Tech Trends That Will Impact Small Business Lending (Forbes) 01-03-2017-Five Key Trends that will see …

TRANSCRIPT: Liquidity Outlook (2nd Annual Investors’ Conference On Marketplace Lending)

In Marketplace Lending by Charity YoroLeave a Comment

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 & Chief Executive Officer (EMERALD ASSET …

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MonJa Monthly News Update- January 2017

In Industry News by Yulia GnatyukLeave a Comment

Here are some of the top stories and trends of December 2016 for marketplace lending investors and industry watchers: Industry News: 12-01-2016- THE RAPID GROWTH OF ALTERNATIVE FINANCE (International Banker) 12-01-2016- How Fintech Companies Can Capture The Millennial Market (Forbes) 12-02-2016- New Fintech Charter Proposed by the OCC (Lend Academy) 12-04-2016- Peer-to-peer lenders are blurring into mainstream banks (Financial Times) …

Liquidity & The Secondary Market: Highlights From IMN’s 2nd Annual Investors’ Conference on Marketplace Lending

In Marketplace Lending, Industry News by Charity YoroLeave a Comment

  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 marketplace lending, MonJa’s own James …

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MonJa Monthly News Update- December 2016

In Industry News by Yulia GnatyukLeave a Comment

Here are some of the top stories and trends of November 2016 for marketplace lending investors and industry watchers: Industry News: 11-02-2016- Banks No Longer Make the Bulk of U.S. Mortgages (WSJ) 11-02-2016- Will Fintech Create A New Silicon Valley in Asia? (benzinga) 11-03-2016- Equity Crowdfunding Evangelist Victoria Silchenko: We Have Witnessed Unprecedented Growth in Alternative Finance (Crowdfund Insider) 11-04-2016- …

Life After Lending Club: How The Market Is Responding To The Problems Of 2016

In Marketplace Lending, Industry News by Charity Yoro2 Comments

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 players in the industry, as …

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MonJa Monthly News Update- November 2016

In Industry News by Yulia GnatyukLeave a Comment

Here are some of the top stories and trends of October 2016 for marketplace lending investors and industry watchers: Industry News: 10-02-2016- Cambridge Centre for Alternative Finance Holds Standout Inaugural Conference (Crowdfund Insider) 10-03-2016- International P2P Lending Services – Loan Volumes September 2016 (p2p-banking) 10-04-2016- Oleg Seydak on Blackmoon & Marketplace Lending as a Service (Crowdfund Insider) 10-05-2016- Securitisation to …

From Wall Street to Main Street: How will Goldman’s new consumer product, Marcus, fare?

In Marketplace Lending, Industry News by Charity YoroLeave a Comment

Goldman Sachs enters the consumer lending market with its new product, Marcus, rousing mixed responses from the industry. Last week, Goldman Sachs debuted Marcus, an online-loan service geared toward prime consumers paying down credit-card debt. Essentially, as representatives at Goldman put it, Marcus aims “to help Americans manage debt better.” In sum, consumers (typically those with a credit score of 680 or above) …