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Orchard

·Dec. 7, 2016

Orchard Has Announced a Partnership with Sandler O’Neill for Banking Client Data

Orchard has announced a new data services partnership with investment bank, Sandler O'Neill; Sandler O'Neill provides investment banking advisory services for clients in the financial services industry; the partnership will provide access to Orchard's full suite of marketplace lending data analytics services for Sandler O'Neill and its clients making Sandler O'Neill a leading investment advisory service for financial institutions considering bank partnerships. Source

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Peer to Peer Lending

·Oct. 21, 2014

Orchard Lands a $12 Million Investment from Some of the Industry’s Biggest Names

When I profiled Orchard back in February, the company was just a few months old and fresh off a $2.7...

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News Roundup Online Lending

·Dec. 9, 2016

Traditional Banks Could Be the Disruptors with Low Fee Online Lending Platforms

Emerging online lending platforms from traditional banks could be the market's disruptors with their ability to offer low fees; few banks have emerged with proprietary online lending platforms however the fee structures offered by Marcus from Goldman Sachs have caused some industry participants to fear the emergence of similar models; other speculators believe traditional banks are not agile enough to build and offer market leading online lending capabilities in a competitive timeframe; Orchard says competition will be fierce but the end result is likely to produce improved and expanded access to capital for customers. Source

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News Roundup Online Lending USA

·Aug. 16, 2017

Orchard Reports on US Business Lending

Orchard reports on the diversity of business lending, breaking lending down by industry and state using data from Orchard; reports that they have the most data on retail trade followed by health care and social assistance, and construction; shares the concentration of lending of several industries by state. Source

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News Roundup Online Lending USA

·Dec. 20, 2016

Orchard Analyzes December P2P Loan Originations

Orchard provides insight on monthly trends in P2P lending originations; uses Lending Club's publicly available standard program data for the analysis; finds October has historically been the peak month for P2P loan originations; identifies loan purpose trends for 2015 with debt consolidation notably highest in January; categories with peak lending originations in December in 2015 included major purchase, other and small business. Source

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Peer to Peer Lending

·Apr. 26, 2018

It’s Official: Kabbage To Acquire Orchard

It was the worst kept secret in fintech. There were rumors flying around during LendIt Fintech earlier this month and...

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Peer to Peer Lending

·Feb. 18, 2014

Orchard Looking to Build Out the Online Lending Ecosystem

Every Saturday, I include links to the most interesting blog posts and news articles of the week. And most Saturdays...

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News Roundup Online Lending USA

·Oct. 31, 2016

Orchard’s Weekly Online Lending Snapshot

Orchard's Weekly Online Lending Snapshot for the week of October 27 focuses on new marketplace lending securitizations and the snapshot's new tracking for recent securitization issuances; other key data points from the week include Yirendai leading publicly-traded marketplace lenders with a monthly stock gain of 12.52% and the UK Ranger Direct Lending Fund continuing to lead among UK listed funds with a monthly gain of 6.46%. Source

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Peer to Peer Lending

·Sep. 12, 2016

Orchard Announces Data Partner Program

Orchard, who specializes in connecting originators with investors today announced the Orchard Data Partner program. Orchard has tracked originators on...

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News Roundup Online Lending

·Nov. 29, 2016

Orchard’s Third Quarter Industry Report

Orchard has released its "Quarterly Industry Report" for the third quarter; origination volume was lower in the third quarter, down approximately 21% from the previous quarter and 50% from peak origination volume in the fourth quarter of 2015; the third quarter is the third consecutive quarter of decreased origination volume; charge-offs have also increased; average borrowing rate has decreased 79 basis points from the previous quarter. Source

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