MonJa Monthly News Update- August 2017

In Industry News by Yulia GnatyukLeave a Comment

Here are some of the top stories and trends of July 2017 for marketplace lending investors and industry watchers:

Industry News:

07-05-2017- ORCA CELEBRATES PEER TO PEER LENDING UK SURPASSING £10 BILLION MARK (Orca/Blog)

07-05-2017- New Milestone: Orca Celebrates P2P Lending Achieving £10 Billion Mark (Infographic) (Crowdfund Insider)  

07-06-2017- Orchard & Experian Form Strategic Collaboration Partnership (Crowdfund Insider)  

07-07-2017- Regulator Warns Banks on Use of New Technologies (WSJ)

07-10-2017- The perfect marriage of bank and fintech (Finextra)

07-11-2017- P2P and marketplace lending securitization enters the mainstream after strong growth (altfi)

07-11-2017- Witnessing the Creation of a New Asset Class (Lend Academy)

07-14-2017- ‘New York doesn’t allow that’: Maria Vullo stares down fintechs, OCC (American Banker)

07-17-2017- The unstoppable rise of Alternative Credit (altfi)

07-17-2017- Renaud Laplanche Shares His Vision for Online Lending 2.0 at Lang Di Fintech (Lend Academy)

07-24-2017- Will banks in the US dominate consumer lending once again? (altfi)

07-25-2017- How to boost your retirement income with Peer-to-Peer? (Radio Times)

07-25-2017- Amazon Banks On Its $3 Billion Loan Club (Forbes)

07-26-2017- Using Peer-to-Peer Lending As A Method For Startup Growth (Forbes)


Platform News:

07-03-2017- Funding Circle Update: £800M Lent in Last 6 Months, Sean Glithero Leaves Auto Trader to Join as CFO (Crowdfund Insider)  

07-03-2017-P2P Lender VIAINVEST Hits €10 Million in Funded Loans (Crowdfund Insider)  

07-05-2017- New P2P business lender launches as Appointed Representative (altfi)

07-06-2017- New Milestone: Peer-to-Peer Lender Flender Celebrates First Wave of Successfully Funded SME Loans (Crowdfund Insider)  

07-10-2017- Fintech Remains Loyal to Prosper & Suber (debanked) 07-11-2017- P2P Lender Folk2Folk Launches “Local” IFISA (Crowdfund Insider)  

07-11-2017- Fintech lender strikes partnership with major Italian bank (altfi)

07-13-2017- Chinese P2P Dianrong Announces Acquisition of Quark Finance (Crowdfund Insider)  

07-17-2017- Assetz Capital Continues UK P2P Expansion with Scotland Appointment (Crowdfund Insider)  

07-17-2017- Peer-to-peer business lender continues push into Scotland (altfi)

07-17-2017- Controlling stake in P2P firm Lendico changes hands (altfi)

07-19-2017- Peer-to-peer lender RateSetter goes ‘over and above the usual’ as it takes over 2 companies it lent money to (Business Insider)

07-21-2017- Zopa Confirms: Has Lent £2.46 Billion Since Launching in March 2005 (Crowdfund Insider)  

07-21-2017- The Amazon Model: Can New-Age Technology and Local Touch Co-Exist in Lending?  (Forbes)

07-24-2017- Lending Club Expands Partnership With Opportunity Fund to Provide Underserved Small Businesses With Access to More Loans (Crowdfund Insider)  

07-26-2017- P2P Lender Faircent Announces New Auto Invest Feature (Crowdfund Insider)  

07-26-2017- Salamanca Group Completes Series A Funding for P2P Lender Proplend (Crowdfund Insider)  

07-27-2017- P2P lending platforms poised to join Nutmeg and Seedrs on Fidor marketplace (altfi)

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