The Treasury Department is deciding how to classify and categorize the new marketplace lending industry. People use the word “marketplace or p2p lending” just as […]
If you ask most people on the street what P2P stand for, they’ll say, “peer-to-peer.” But if you ask someone in procurement or accounts payable, they’ll say, “purchase-to-pay.” But will this distinction even matter in the future? I believe the two are poised to come together, in part, when it comes to the need for better information to drive the business lending, payables financing and receivables financing markets.
If you believe the headlines, such as P2P business lending to eclipse consumer sector, in the Financial Times, peer-to-peer business lending is set to take off. This lending format, where individuals or non-bank entities loan money directly to others in the business sector, is set to eclipse similar consumer-type loans.
P2Binvestor (P2Bi) describes themselves as a crowdfunding platform for commercial lending. It offers credit lines to businesses. Krista Morgan, cofounder of P2Bi, was working for […]
I recently caught up with Louise Beaumont, founder of Platform Black and now head of public affairs for GLI Finance (“GLIF”). GLIF describes themselves as […]
It's been almost a decade since the first UK P2P Lender Zopa launched, back in April 2005. In the analog world, relationships mattered. In a […]
Investors are in love with P2P lenders. And On Deck Capital is taking advantage by filing to raise up to $150 Million amid strong Investor […]
I spoke with Sam Hodges, CEO of Funding Circle USA about the success Funding Circle is having and his views on how this business model […]
I did a recent post talking about how Commodity trade is financed given many of hte traditional European banks losing access to USD deposits, and […]
A recent study by National Consumer Law Center regarding Payday loans finds Big Data is not yielding better loan decisions. The author of the report, […]