by admin | Jan 10, 2018 | News
NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) released its 2017 Consumer Loan Marketplace Lending Year in Review and 2018 Outlook. The accompanying research report highlights the fact that 2017 was a notable year in the consumer loan...
by admin | Jan 9, 2018 | News
LendingClub (NYSE: LC), the largest marketplace lending platform in the US, has issued a public warning regarding a solicitation by IEG holdings apparently making a tender for LendingClub stock. The LendingClub Board of Directors received a letter from …Powered...
by admin | Jan 9, 2018 | News
With big banks pulling back from small and medium-sized business (SMB) lending in the wake of the global financial crisis, the market was ripe for someone else to fill the credit gap. Enter: alternative lenders. While marketplace lending platforms and …Powered...
by admin | Jan 8, 2018 | News
TORONTO _ CIBC has signed a deal to acquire Wellington Financial as part of its plan to grow its business in the fast-moving technology sector. Financial terms of the deal were not immediately available. The specialty finance firm will become part of CIBC...
by admin | Jan 8, 2018 | News
Wellington Financial joins CIBC Innovation Banking bringing aboard its strong team … privately-held provider of growth capital to early and mid-stage technology companies. Founded in 2000, Wellington Financial has deep expertise in venture lending …Powered...
