Orchard’s Weekly Online Lending Snapshot

Orchard’s January 13 Snapshot highlights Funding Circle’s new investments, Marcus and final comments on the Office of the Comptroller of the Currency’s fintech charter proposal; in publicly traded marketplace lending stocks OnDeck led returns with a monthly return of 14.12% followed by Square with a monthly return of 4.76%; in UK listed funds the P2P Global Investment Fund led monthly returns with a gain of 4.08%; in the US the RiverNorth Marketplace Lending Fund reported a monthly return of -1.02%.  Source