News from around the world Market Insider reported on the the second annual summit for Online Lending Policy Institute in Washington, DC. The author explains that the meeting is designed to be an “opportunity for industry participants to share insights, propose standards, and have an open dialogue with regulators and policymakers to build consensus viewpoints…

News from around the world PeerIQ released a 2017 Q2 report indicating that the “quarter saw nine marketplace lending securitizations with quarterly issuance of $3.0 Bn, representing 76% growth over 2Q 2016. To date, cumulative issuance equals $21.9 Bn across 92 deals.” The report adds several other financials to support the notion that P2P lending…

News from around the world Altfi published a piece looking at various emerging trends in finance. The author discusses how many marketplace lenders are applying for banking licenses. This move enables more P2P businesses to offer more products like credit cards and overdrafts. *** CreditEase, a fintech company based in China, released an article discussing…

News from around the world Forbes published an article which touched on the “shift from individual to institutional lending” in the peer-to-peer lending world. The authors explained the continued growth of p2p lending explaining that in the UK alone, originations grew by 36% in 2016. *** Born2Invest offered a quick overview for first-time investors seeking…

News from around the world American Banker published a piece warning that marketplace lenders should refrain from attempting to replicate the practices of traditional banks. The author suggests that when marketplace lenders become more like a bank they give up some of their competitive edge and characteristics that make them so appealing to investors. ***…

News from around the world Politico reported on the Marketplace Lending Association’s first ever meeting with lawmakers and regulators in the U.S. The goal of the initiative is to bring these politicians up to speed on the developing relationship between traditional banks and P2P firms. This event is another step towards the legitimization of the…

News from around the world National Real Estate Investor posted an article asking if marketplace lending lending is safer than the stock market. The authors cites the inherent volatility of the stock market while highlighting the “consistent returns with lower volatility.” The author explains that this is “due to the fact that many marketplace lending…

News from around the world The New York Times wrote a piece on Orchard Platform, the analytics site for measuring the performance of various P2P operations. As the author explains, “Orchard began by offering institutional investors an automated service to analyze the loans and buy them from different online lenders.” however, progress has been slow.…

News from around the world Evening Standard reported on recent moves by the regulatory body known as The Financial Conduct Authority which “agreed to grant full authorisation to most of the leading lights of the peer-to-peer lending industry.” This decision allows P2P firms to lend retail funds without the burden of capital requirements seen at…

News from around the world The Economic Times weighed the pros and cons of making investments in bitcoins and P2P lending. The author cites the benefits of marketplace lending like easy credit and a higher annual return compared to other asset classes (e.g. equities, bonds, etc.). However, defaults remain a risk and investors need to…