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As Rates Rise and Recession Threatens, Alternative Lenders Batten Down the Hatches

Bank Innovation

LAS VEGAS - The CEOs of Prosper Marketplace, Lending Club, and Social Finance Inc. all spoke to a common theme – preparing for the coming storm and choosing loans for quality, not quantity. JPMorgan Chase has predicted a 60% chance of recession by 2020, and it’s not clear how traumatic an event it will be […].

Las Vegas 210
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17 Of The Biggest Startup Frauds Of All Time

CB Insights

Zenefits skirts compliance regulations. Crescent Ridge Capital Partners’ elaborate Ponzi scheme. Zenefits skirts compliance regulations. Select Investors: AllianceBernstein, Lightspeed Venture Partners, Glade Brook Capital Partners. Table of contents. Theranos and the revolutionary blood tests that never existed.

Fraud 78
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compressing the value chain

CB Insights

Hi there, We were saddened to hear about last night’s tragic events in Las Vegas, where we know many of you on this newsletter are planning to be for the ITC conference this week. For comparison, Lending Club ‘s valuation at the time of IPO was $5.4B, while Square ‘s was $2.9B. . Zhong An goes public.

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FinovateSpring 2015 Sneak Peek: Part 8

Fintech Labs Insights

Sneak Peek Part 7: Avoka, CBW Bank, Cloud Lending Solutions, Context Relevant, Dealstruck, DriveWealth, Dwolla, Dynamics, Encap Security, EyeBuy, FIS Mobile, Kabbage, Knox Payments, Lending Tree, LendKey. Finaeos automates the back-office and capital raise compliance. HQ: Las Vegas, Nevada. Founded: 2015.