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MonJa Monthly News Update- September 2016

In Industry News by Yulia GnatyukLeave a Comment

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)

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