The two main p2p platforms in the U.S. have split personalities. They have to because they are catering to two...
BorrowersFirst has secured $100 million in new debt funding from Waterfall Asset Management; firm will use the funding primarily to support lending volume growth for its online consumer loan business; firm funds its loans through on-balance sheet debt facilities and whole loan sales with originations by Cross River Bank. Source
I first wrote about BorrowersFirst eight months ago when I spent a day in their New York offices. They expected...