Peerform has been around the marketplace lending space since 2010; they are the third oldest platform behind Prosper and Lending Club; since 2014 a lot has happened at the firm including the acquisition of the company late last year by Strategic Financial Solutions; the firm has three products today: marketplace loans, direct pay consolidation loans and debt negotiation loans; the company recently formed an investment partnership with Random Forest Capital which focuses on data science and machine learning; article discusses how the two companies have partnered, overhauling Peerform's APIs and creating proprietary credit models. Source
Random Forest Capital has developed a software solution that helps institutional investors identify investment opportunities from consumer, residential and commercial credit platforms; the firm has obtained $1.75 million from a fundraising round that it plans to use for building its software and machine learning algorithms and also for hiring new employees. Source