{"id":6599,"date":"2017-02-27T15:24:08","date_gmt":"2017-02-27T13:24:08","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=6599"},"modified":"2017-02-27T15:24:08","modified_gmt":"2017-02-27T13:24:08","slug":"weekly-industry-news-roundup-february-27-2017","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/weekly-industry-news-roundup-february-27-2017\/","title":{"rendered":"Weekly industry news roundup \u2013 February 27, 2017"},"content":{"rendered":"<h2 style=\"text-transform: uppercase\">Around the world<\/h2>\n<p align=\"left\"><a href=\"https:\/\/www.forbes.com\/sites\/omribarzilay\/2017\/02\/23\/lendit-conference-2017-orchards-ceo-matt-burton-talks-marketplace-lending\/#767f1e2411a3\" target=\"_blank\" rel=\"nofollow noopener\">Forbes<\/a> interviewed Matt Burton, the CEO of Orchard. His firm empowers marketplace investors by aggregating data across more than 20 P2P firms. The company is growing at incredible speed. This pace illustrates the need, on the part of the investors, to gain accurate insights and transparency. \u201cInvestors not only need access to data, but they need to trust that the data is of a high quality,\u201d remarked Burton.<\/p>\n<p align=\"center\">***<\/p>\n<p align=\"left\"><a href=\"https:\/\/www.washingtonpost.com\/realestate\/the-mortgage-market-is-now-dominated-by-nonbank-lenders\/2017\/02\/22\/9c6bf5fc-d1f5-11e6-a783-cd3fa950f2fd_story.html?utm_term=.6fd36c35b314\" target=\"_blank\" rel=\"nofollow noopener\">The Washington Post<\/a> published an article revealing that \u201cThe mortgage market is dominated by non-bank lenders.\u201d The author explains that \u201cIn 2011, 50\u2009percent of all new mortgage money was loaned by the three biggest banks in the United States: JPMorgan Chase, Bank of America and Wells Fargo. But by September 2016, the share of loans by these three big banks dropped to 21\u2009percent.\u201d<\/p>\n<p align=\"center\">***<\/p>\n<p align=\"left\"><a href=\"https:\/\/www.entrepreneur.com\/article\/284624\" target=\"_blank\" rel=\"nofollow noopener\">Entrepreneur<\/a> discussed four trends impacting online business lending. The author argues that while the industry is changing it will undoubtedly continue well into the future. The author also predicts that business offerings will grow, bank partnerships will form, self-imposed regulations will develop, and government regulations will deepen.<\/p>\n<p align=\"center\">***<\/p>\n<p align=\"left\"><a href=\"https:\/\/spendmatters.com\/tfmatters\/lending-service-changing-smb-underwriting-game\/\" target=\"_blank\" rel=\"nofollow noopener\">Spend Matters Network<\/a> discussed the solutions available to small businesses seeking loans. Marketplace lenders are increasingly offering faster and less expensive ways to fund small business operations. As a result, analytic firms have developed to help these businesses determine which marketplace lender is right for their needs.<\/p>\n<p align=\"center\">***<\/p>\n<p align=\"left\"><a href=\"http:\/\/www.huffingtonpost.com\/entry\/6-ways-to-make-legit-money-while-you-sleep_us_58adb77be4b040d4868a6318\" target=\"_blank\" rel=\"nofollow noopener\">Huffington Post<\/a> cited marketplace lending as one of aspect of \u201c6 Ways to Make (Legit) Money While You Sleep.\u201d Over the years the industry has become more accessible to investors. Rightfully, the author encourages potential investors to research the expected returns.<\/p>\n<h2 style=\"text-transform: uppercase\">Bondora mentions<\/h2>\n<p align=\"left\">Our founder and CEO, P\u00e4rtel Tomberg, shared his views on <a href=\"http:\/\/www.boerse-online.de\/nachrichten\/meinungen\/Zwischen-Nullzins-und-16-Prozent-fuer-den-Dispo-1001752147\" target=\"_blank\" rel=\"nofollow noopener\">Borse Online<\/a>. Partel discussed how Bondora is designed to unite groups of borrowers and lenders which results in better terms and higher returns.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Around the world Forbes interviewed Matt Burton, the CEO of Orchard. His firm empowers marketplace investors by aggregating data across more than 20 P2P firms. The company is growing at incredible speed. This pace illustrates the need, on the part of the investors, to gain accurate insights and transparency. \u201cInvestors not only need access to [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[119],"tags":[103,104],"class_list":["post-6599","post","type-post","status-publish","format-standard","hentry","category-financial-well-being","tag-english","tag-finance-tips"],"acf":[],"featured_image":null,"categories_names":["Financial Well-being"],"category_name":"Financial Well-being","_links":{"self":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/6599","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/comments?post=6599"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/6599\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=6599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=6599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=6599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}