Coronavirus Shakes Markets; Intuit Eyes More FinTechs; Figure’s On-Chain Securitization

The latest PeerIQ newsletter digs into the news from last week including the current economic outlook and what we might expect from credit portfolios; according to PeerIQ the first impact will be from retail-oriented small businesses, and gig economy/retail workers; generally speaking this segment has less access to credit and is under-represented in portfolios of the large consumer lenders like SoFi, LendingClub, Prosper, Marlette among others; however there are a few lenders that play in these sub-segments which could be hit with increasing losses. Peer IQ

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