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Marketplace Lender Prosper Reports that 78% of Originations Rated AA-B in May 2021, with $13K Avg Loan Size

by admin | Jun 16, 2021 | News

In May 2021, “approximately 78% of originations were rated AA-B.” The average loan size on the Prosper lending platform was about $13,000 and the average borrower income was about $107,000 last month, …Powered by...

XSpring Capital Confirms $225M Capital Raise to Drive Digital/Traditional Marketplace

by admin | Jun 15, 2021 | News

Elevated Returns’ portfolio company XSpring Capital formerly known as Seamico Securities, has secured fundraising of $225 million USD through a partnership with Sansiri, Viryah Insurance, and local …Powered by...

Peer to Peer (P2P) Lending Market 2020-2025, Size, Share, Growth, Trends and Research Report

by admin | Jun 11, 2021 | News

Width=’835’/> “Peer to Peer (P2P) Lending Market Report 2020-2025” According to the latest report by IMARC Group, titled ” Peer to …Powered by...

South Korea’s first marketplace lending licenses a ‘historic moment,’ says one of the recipients

by admin | Jun 11, 2021 | News

Joey Dae Yoon Kim, founder and CEO of PeopleFund, says the regulatory approval is a great win for both borrowers and start-ups — especially those underserved by conservative banks.Powered by...

LendingFront Announces its Technology Platform for Small Business Lending on Salesforce AppExchange, the World’s Leading Enterprise Cloud Marketplace

by admin | Jun 8, 2021 | News

LendingFront today announced it has launched its technology platform for small business lending on Salesforce AppExchange, empowering customers including community banks, credit unions, …Powered by...
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