Forbes<\/a> published an article examining recent moves by US-based investment advisor Third Point to capitalize on the world of marketplace lending. Billionaire Dan Loeb remarked, \u201cAs the origination and securitization of assets have become more difficult for larger financial institutions, smaller technology\u2010driven platforms have filled the void.\u201d His firm expects this arena to soar amid the pro-business spirit of the Trump administration.<\/p>\n FinancialBuzz<\/a> shared findings which show a rise in marketplace lending activity in the fourth quarter of 2016. The author writes that the \u201cQuarterly Consumer Credit Demand Index\u201d reported an approximate 12.4% increase in personal loan applications for the period relative to the same time in 2015.<\/p>\n Digital Journal<\/a> released a piece discussing how technological innovation has driven the spread of global P2P interfaces. The author cites a report from Transparency Market Research which acknowledges that \u201cthe opportunity in the global P2P lending market was worth US$26.16 bn in 2015. Analysts predict that the market valuation will reach US$897.85 bn by 2024.\u201d In addition to technology, emerging economies are likely to be key drivers of this growth in the coming decade.<\/p>\n
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