Today, PeerIQ announced a partnership with information solutions provider TransUnion. PeerIQ is known for its data and analytics capabilities in...
These are the top 5 UK financial institutions ranked by the mobile banking features consumers value most Celsius Network Completes...
The recent PeerIQ weekly newsletter discusses the departure of Mike Cagney from SoFi, the Goldman & Mosaic deal and provides an analysis of recent SoFi (SCLP 2017-5) and Lending Club (CLUB 2017-P1) securitizations. Source
In this week’s PeerIQ Industry Update they cover the surprising jobs report that sent markets shooting up on Friday with...
Ram Ahluwalia is the CEO and co-founder of PeerIQ, a leading data analytics provider; lenders are facing incredible challenges and...
The easiest way to get insight into the marketplace lending securitization market is through PeerIQ’s quarterly reports. It feels like...
PeerIQ released their third quarter marketplace lending securitization report; total issuance for the quarter was $2.6 billion down from $3 billion in the last quarter; SoFi closed two consumer deals and one student deal; Lending Club and Prosper both issued one deal; College Avenue issued their first ever student loan securitization. Source
PeerIQ and Freedom Financial Network have signed an agreement that will allow new data access for Freedom Financial Asset Management and its clients; Freedom Financial Asset Management is a marketplace lending platform offering consumer loans; the data access will include PeerIQ's full suite of tools which will also be available to the platform's institutional investors; Freedom Financial Asset Management will also utilize PeerIQ's fair valuation services which launched last year. Source
Ram Ahluwalia from PeerIQ was a featured keynote speaker at LendIt USA 2017; Ram reports marketplace lending securitizations reached over $12 billion in issuance from over 75 transactions; in the third quarter of 2016 rated tranches reached a peak of nearly 25 and in the fourth quarter of 2016 rated tranches were approximately 18. Source
This weeks PeerIQ Industry Update looks at strong job growth despite the hurricanes, Lending Club’s investor day and the latest in securitization; Rep. Patrick McHenry accused the Cleveland Fed, who recently had their p2p lending report retracted, of trying to block the bill entitled Protecting Consumers Access to Credit Act; Lending Club’s first Investor day was not received well by the markets as their stock hit all time lows; PeerIQ reviews the full scope of the investor day including positioning & strategy, product & financial innovation, funding mix, investor returns and stress tests. Source.