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Monthly News Update- October 2018

In Industry News, Marketplace Lending by Yulia GnatyukLeave a Comment

Here are some of the top online lending news, stories and trends of September 2018 for online lending investors and industry watchers. Industry News: 9/4/2018 P2P fund sees best 2018 month of returns. (AltFiNews) 9/5/2018 U.S. Bank, Wells, Citi and Great Western: Bankers on the move. (AmerBanker) 9/6/2018 How is fintech transforming microfinance? (whartonknows) 9/7/2018 Hong Kong’s digital banking push …

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Monthly News Update- September 2018

In Industry News, Marketplace Lending by Yulia GnatyukLeave a Comment

Here are some of the top online lending news, stories and trends of August 2018 for online lending investors and industry watchers. Industry News: 08/01/2018 Six takeaways from the Treasury fintech report: National charter, breaches and more. http://ow.ly/Rnpx30le4rG (AmericanBanker) 8/1/2018 Trump Administration embraces fintech startups. (WSJ) 8/1/2018 Here are 5 questions to ask your lending automation vendor. (MonJa blog) 8/6/2018 …

Monthly News Update- April 2018

In Industry News, Marketplace Lending by Yulia GnatyukLeave a Comment

Here are some of the top stories and trends of March 2018 for marketplace lending investors and industry watchers: Industry News: 03-01-2018 The FCA authorized a fintech comparison app. (altfi) 03-01-2018 How to choose the best bitcoin or cryptocurrency exchange? (CNBC) 03-02-2018 The 5 undeniable truths of digital banking. (FinancialBrand) 03-05-2018 Credit card delinquencies at small banks rise sharply while …

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MonJa @ Opal Group’s Marketplace Lending and Alternative Financing Summit

In Company News, Marketplace Lending, MonJa Life by MonJa TeamLeave a Comment

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 the newest techniques to maximize …

Monthly News Update- January 2018

In Marketplace Lending by MonJa TeamLeave a Comment

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 off (altfi)   12-06-2017- Overview …

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MonJa @ American Banker’s Small Business Banking Conference

In Featured, Marketplace Lending, MonJa Life by MonJa TeamLeave a Comment

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. It was organized by Source …

Overview of US Consumer Lending

In Featured, Industry News, Marketplace Lending by MonJa TeamLeave a Comment

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 a high of 60 percent …

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Overview of US-Based Small Business Lending Platforms (Alternative Lenders).

In Commercial Lending, Featured, Marketplace Lending by MonJa TeamLeave a Comment

“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 US economy. Still, they struggle ...
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Overview of US Real Estate Lending Platforms (Online Lenders)

In Commercial Lending, Featured, Marketplace Lending, Underwriting Automation by MonJa TeamLeave a Comment

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 it comes to underwriting loans ...
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The State of Federal Regulation in Marketplace Lending

In Featured, Industry News, Marketplace Lending 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 …