Marketplace Lending News Roundup – November 12


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.

PeerIQ Weekly Update: November 6, 2016 from PeerIQ – The weekly PeerIQ newsletter analyzes Cross River Bank, a major player in the marketplace lending ecosystem.

The Forbes Fintech 50 For 2016 from Forbes – Forbes has released their Fintech 50 list for 2016 with many familiar names on the list.

China: Peer-to-peer lender Lufax says IPO will help fund local, overseas expansion from Deal Street Asia – Greg Gibb, the CEO of Chinese p2p lending giant Lufax talks IPO, growth, wealth management and government regulation.

How An Ex-Bear Stearns Trader Is Helping Marketplace Lenders Avoid The Sins Of The Mortgage Bubble from Forbes – Fascinating piece on Perry Rahbar, CEO of dv01, and his efforts to bring transparency to marketplace lending.

Are You Better or Worse Off? 8 Years of Financial Technology from Orchard – We have come a long way as an industry in 8 years. Interesting thoughts from Dave Snitkof of Orchard.

Where Aggregators – and Open APIs – Fit Into Financial Inclusion from Next Billion – Financial inclusion is a big topic where I believe our industry can play a major role. Open APIs are critical though.

A perfect partnership from Peer2Peer Finance News – The head of banking for Deloitte talks about the advantages marketplace lending platforms have over banks in the UK.

How Trump Could Stifle Fintech from American Banker – Speculation is already under way on the impact of a Trump presidency on fintech.

Veteran Small Business Award Presented by the StreetShares Foundation from StreetShares – StreetShares is partnering with JPMorgan to give $10k a month to veteran-owned small businesses.

Lending Club is on a path to recovery from Business Insider – Reading the tea leaves of the Lending Club Q3 results.

Here’s Modi’s master plan to make India a fintech superpower from Your Story – India wants to become a global fintech powerhouse and they are making some interesting moves today.

Lending Club’s Third Quarter Earnings: Navigating the Storm from LendingRobot – Interesting look inside Lending Club’s earnings and the one investor that made a big difference.

Risks and registry solutions for emerging risks in the marketplace lending industry from Lending Times – White paper on solutions to the transparency challenges faced by marketplace lending platforms.

With Trump and Co. Now in Control, Has The CFPB Made a Costly Mistake? from deBanked – Interesting thoughts from Sean Murray on the future of the CFPB under a Trump Administration.

Sun, sand and leveraged peer-to-peer lending from Financial Times – The latest from Kadhim Shubber – an in depth look at UK property platform Wellesley.