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Marketplace lenders form American Fintech Council

by admin | Mar 18, 2021 | News

Today, the Marketplace Lending Association (“MLA”) and Online Lending Policy Institute (“OLPI”) announced they have merged organizations to form the American Fintech Council (“AFC”).Powered by...

Why this banker no longer sees SBA as ‘lender of last resort’

by admin | Mar 17, 2021 | News

First Internet CEO David Becker used to be dismissive of the Small Business Administration. But after getting to know some of the borrowers during the pandemic — and after his bank collected hefty …Powered by...

LendingClub Reports Q4 Earnings, Updates on Their New Marketplace Bank

by admin | Mar 12, 2021 | News

LendingClub reported Q4 earnings today and their recovery from the depths of the pandemic continues. Loan originations were up 56% from the previous quarter although still down dramatically from Q4 …Powered by...

FAU Study: Entrepreneurs Getting Big Boost from Online Lending

by admin | Mar 11, 2021 | News

States Restricting Marketplace Lenders Reduce Entrepreneurial ActivityBOCA RATON Fla., March 11, 2021 (GLOBE NEWSWIRE) — Online marketplace loans are leading to a sharp rise in new businesses, …Powered by...

Strong ABS issuance levels bolster projections of MPL’s 2021 comeback

by admin | Mar 10, 2021 | News

Worried initially that marketplace lenders might falter at the first stage of a crisis, the sector has weathered the COVID-19 storm and now projects to match 2019’s record securitization deal volume.Powered by...
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