Prime Meridian Capital Management is a Bronze Sponsor at LendIt USA 2017; in this featured blog post they give a review of marketplace lending in 2016; a challenging year for the industry, lending volumes and confidence retreated for one of the first times in the industry's history due to rising rates and an executive scandal; the release of Lending Club's CEO and Founder Renaud Laplanche added increased incentive for improving operations and increasing transparency which led to recovery in the second half of the year; a number of platforms, including Lending Club, secured new sources of funding and introduced new product expansion; the top three P2P platforms ended the year with combined originations of $2 billion per month and momentum for continued growth appears to be positive for the industry in 2017. Sponsored Blog Post
The CEO of Prime Meridian Capital Managements gives his thoughts on marketplace lending today and what investors need to know. Source
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[Editor’s note: This is a guest post from Prime Meridian Capital Management. Prime Meridian Capital Management is a Bronze Sponsor at LendIt USA...
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[Editor’s note: This is a guest post from Prime Meridian Capital Management. Prime Meridian is a bronze sponsor and will be in...