It is over twenty years since Bill Gates famously said, “Banking is essential, banks are not”, and now it has started to happen -- traditional banking in the US could very soon lose $11 billion to alternative finance every year according to Goldman Sachs. Many old banks want a piece of the alternative finance growth…

‘Unicorn’, a favorite VC buzzword, has been steadily growing in search volume alongside ‘FinTech’ during the last few years. See Google Trends for comparison. This was the case even before Aileen Lee’s TechCrunch piece. The hunt for companies with >$1bn valuation has been on for a few years, and FinTech now has 36 of them…

The article by Bondora CEO and co-founder, Partel Tomberg, originally appeared in the European Credit Research Institute Newsletter. Marketplace lending will make universal banks obsolete by giving everyone the opportunity to provide capital directly to consumers and businesses. Every consumer and small business should have an option to find the best service provider for every…

The largest alternative finance conference in the world, LendIt USA 2015, took place from April 13-15 in New York. The panel for the European Online Lending Opportunity discussion was comprised of international experts, including Partel Tomberg, CEO and co-founder of Bondora. Continue reading below for an edited excerpt of the recent panel discussion.

Earlier this year the Centre for Alternative Finance at Cambridge Judge Business School, in co-operation with professional services firm E&Y, released a pan-European study of the alternative finance market. The study, titled "Moving Mainstream", can be considered the most comprehensive study on the subject released to date. The researchers studied the peer-to-peer consumer lending sector (a…