There was an interesting article in Bloomberg yesterday on Marcus. Bloomberg cites sources claiming that Marcus will be scaling back...
Sharestates is one of the most successful companies in the real estate crowdfunding space; they grew originations to over $1...
The bank set a record in April, originating $600 million in loans; originations have grown approximately 60% compared to April...
deBanked has collected originations figures from many of the top small business financing companies; according to data available, OnDeck led 2017 originations with over $2.1 billion; PayPal Working Capital and Amazon Lending are not included in the list. Source
Includes data from the UK, EU and the US; AltFi projects €2.8 billion to be lent in Europe in 2018 and £7.5 billion in the UK; this would represent a year over year increase of 73% and 43% respectively; overall 2017 was a bounce-back year for the marketplace lending industry across the globe. Source
Back in 2007, OnDeck started making loans to US small businesses. Since then, the company weathered the financial crisis, lending...
Last year I wrote a piece about many of the companies who have participated in LendIt Fintech’s startup competition over...
The company passed £1bn in 2016 after 5 years and booked another £1bn in just 14 months; part of their success in increasing originations has been due to two new products, confidential invoice discounting and business loans; their larger institutional investor base has also allowed them to fund larger businesses with bigger funding requirements; in 2017 the firm lent £714.2m to businesses. Source
Funding Circle led originations for the month with 125 million Euros; total originations for the month were 454 million Euro across the platforms tracked; Mintos and Twino both reached significant milestones originating 500 million and 250 million Euros respectively. Source
Today, leading data analytics provider for marketplace lending, AltFiData, released the total origination numbers for the UK, Europe and the...