Prosper launched with great fanfare back in 2006. For the first time in this country individuals could act like a...
I hear from a lot of entrepreneurs who want to start a marketplace lending platform. They range from ambitious students...
No longer a niche market, gig economy workers are expected to represented 50% of the workforce in the US by...
When borrowers apply for a loan at Lending Club or Prosper there are probably two main things they want to...
We did something new this year at LendIt USA 2015. We hosted a series of pre-conference workshops that went into...
Last month Lending Club conducted a webinar for their p2p investors that included the slide above. This was striking to...
When you look at the spread of late payments from the post I published earlier this week it is obvious...
Harmoney has shared that they are working with DataRobot to improve credit assessments; DataRobot automates data science workflow and allows users to customize predictive models; Harmoney’s models have been trained on data from over 300,000 loan applications; previously it took them 12 to 16 weeks to deploy models, now it takes just minutes. Source
Open Banking has been one of the most talked about topics in fintech over the past couple of years. In...
The international firm, whose US headquarters are located in Parsippany, NJ, grew its revenue by 35 percent in 2022 while increasing the number of customers by 24 percent.