In this episode we talk with the new CEO of Best Egg, Paul Ricci. He has only been in the job a few weeks but he is an old hand when it comes to marketplace lending.
The marketplace lending industry began with personal loans and it is still our biggest vertical when it comes to loan...
Marlette today announced that they will be appointing Josh Tonderys (pictured above) as President. Marlette is an unsecured consumer lender which...
In an interview in American Banker, Meiler discusses Marlette’s culture which aims to keep employees informed of the company’s goals; their strategy includes quarterly all-hands meetings with the company’s 100 employees to share what the goals are for the next 90 days; Meiler also shares how the company shifted its focus to profits given the changing environment and how this resulted in $11 million in GAAP profits last year. Source
New CFPB chief’s memo to staff: Enforce law, but don’t presume guilt 2019 could be the year CRA deadlock ends...
Marlette recently closed a $225 million Series E equity raise led by the Healthcare of Ontario Pension Plan.
In the United States, almost all marketplace lenders use a partner bank. It adds to the operational efficiency of the...