Experian discusses some of the marketplace lending industry's new expectations following a challenging year in 2016 that resulted in decreased confidence in the alternative investments; suggests that the investment and banking communities will increase their focus on platform profitability which has been overlooked given significant growth rates in top-line revenue; notes industry self-regulation from multiple viewpoints including six new industry associations created in the past year; emphasizes the importance of a disciplined approach for data and risk management; reports overall that change within the industry could be good for a number of reasons. Sponsored Blog Post
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PeerIQ has released its fourth quarter "Marketplace Lending Securitization Tracker" with details on the marketplace lending securitization market; the chart below shows the marketplace lending securitization issuance for the top 10 originators; SoFi leads the list with $6.85 billion in securitized loans, followed by Prosper and Avant. Source
Data from Financial Technology Partners reports over 1,500 funding deals from over 1,700 investors in 2016; these deals accounted for $36 billion in fintech financing; data by fintech category can be seen in the chart below with banking and lending companies accounting for 29% of the year's total deals; payments, loyalty and ecommerce accounted for 22%; securities, capital markets and wealth management also reported substantial interest from investors with 19% of the deals funded. Source
