The marketplace lending space is now relatively mature, particularly when it comes to consumer loans, with several platforms 10-15 years old. The first public securitization was...

Big news from big companies this week as fintech giant FIS announced it would spin off Worldpay, Stripe burned through $500 million of cash...

January 30, 2023   FinTech and Alternative Finance, Fintech Services, Innovation and Resources, Marketplace Lending/P2P, Online Lending, BNPL, Payments, Transfers, Rewards, Research  ...

IRA company Alto Solutions is partnering with P2P marketplace Prosper. Under the agreement, Alto’s clients can now invest IRA funds in Prosper’s consumer loans. Prosper has facilitated more than $20 billion in P2P loans to nearly 1.2 million people across America. Peer-to-peer (P2P) investment marketplace Prosper may likely see a new slough of investors in Read more...

The post Self-Directed IRA Platform Alto Partners with Prosper appeared first on Finovate.

By Jeremy McLaughlin and John Reveal On June 24, 2021, the U.S. House of Representatives passed a resolution to overturn the Office of the Comptroller of the Currency’s (“OCC”) “true lender” regulation that had been finalized on October 30, 2020. This resolution revives the uncertainty regarding the enforceability of loan terms when a national bank […]

The post Thinking of going public? Think outside the box to reach investors… appeared first on ClickIPO.