Marketplace Lending News Roundup – April 9, 2016

News

During the week I share the latest marketplace lending news on Twitter as it happens. Then every Saturday I take the most interesting news items and blog posts from the past week and share them here.

Santander UK teams up with Kabbage to offer fast loans to SMEs from Financial Times – In the UK Kabbage has teamed up with Santander to offer their famed fast turnaround on SME loans.

The Marketplace Lending Power20 from Mayava Capital – There is a new list out of the 20 most influential people in marketplace lending.

Online Lenders Enlist Silicon Alley to Avoid Next `Big Short’ from Bloomberg – Companies like MonJa, PeerIQ, Orchard and dv01 are becoming more important.

Fintech funding rebounds to record but concerns remain from Financial News – Globally VC investments in fintech firms set a record in Q1 to $5.45B.

International P2P Lending Statistics – March 2016 from P2P-Banking – The March p2p lending loan volumes are out with Funding Circle leading the way again.

The Timing of Listings from Orchard – Some interesting data on when loans are released on the major marketplace lending platforms.

Startups Aim to Bring Transparency to P2P Loans from Bloomberg (video) – Brock Blake of Lendio and Ryan Randall discuss the marketplace lending ecosystem on Bloomberg.

IFISA Goes Live from AltFi – This week in the UK that the new Innovative Finance ISA went live. Report from AltFi.

Welcome Back My Friends from FinTech Junkie – The always interesting FinTech Junkie (Frank Rotman) has penned this short piece ahead of LendIt USA.

Big Returns Ahead For Lending Club Shareholders from Seeking Alpha – A bullish article on Lending Club describing why the author thinks the stock is under valued.

How Alternative Lenders Are Cleaning Up Their Image from Inc. – More on the new Marketplace Lending Association.

Borrowing Directly From the Wealthy Can Be a Lifeline for Some from the New York Times – Interesting twist on p2p lending – the wealthy loaning money to businesses directly.

The 3 M’s in FinTech’s Future from the LendIt blog – Mobile, Millennials and Minorities are indeed going to be critical factors in the growth of our industry.

Regions Has a Lending Website, So Why Is It Teaming Up with Avant? from American Banker – A deeper look into the recent announcement of the Avant & Regions Bank partnership.

China Rapid Finance casts eye towards untapped consumer base via partnerships with tech giants from South China Morning Post – An introduction to EMMAs, those 500 million people in China would cannot borrow from traditional financial institutions.

From the Lend Academy Forum

The Lend Academy forum is where investors go to discuss p2p lending. Below are some topics that were being discussed this week.

New Loans with 25-26 day funding periods? – Lending Club investors discuss long funding times they are seeing on some notes.

Lending Club loan questions – A Lending Club borrower comes to the forum to discuss her loan.

Want to open IRA with 5k, but I already put 1k into current IRA – Investors discuss the pros and cons of investing in an IRA.

Buying most ‘popular’ or most quickly funded notes as a strategy? – An investor asks whether time to fund should be a factor in selecting notes.

 

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