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A Regulatory Oversight?

Independent Banker

ICBA warns of risks of online marketplace lending models. Online marketplace lenders are a new form of nonbank specialty lending that uses technology platforms to allow Wall Street and individual investors to directly fund loans to consumers and small businesses. Typical Practices of Online Lenders.

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Fintech Fundings: 18 Companies Raise $210 Million Week Ending Sep 10

Fintech Labs Insights

The total included mega-rounds of $30+ million to three lending plays: FundBox ($50 mil), CommonBond ($35 mil), Orchard Platform ($30 million) and one financial-institution-supported blockchain startup: Chain ($35 mil). HQ: New York City. Powering marketplace lending. HQ: New York City.

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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

It was another busy week for Finovate alums with six raising new funds: StreetShares raised $4.5 million for its P2P lending platform for small businesses. million for its compliance tools. Alt-lender focused on lending against existing automobile titles. P2P real estate lending marketplace. SmartAsset raised $3.8

Company 12
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Fintech Fundings: Companies Raise $ Million Week Ending Feb 26

Fintech Labs Insights

HQ: New York City. Mobile & online payments in India. HQ: New York City. HQ: Missouri City, Missouri. Online marketplace for real estate investing. HQ: New York City. Tags: Consumer, lending, loans, underwriting, Equitable Bank (investor). million Seed.

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Fintech Fundings: 21 Companies Raise $460 Million Week Ending April 1

Fintech Labs Insights

Consumer online investment platform. HQ: New York City. HQ: California City, California. HQ: New York City. Tags: Consumer, lending, deposits, loans, payments, banking, underbanked, non-banked. Source: Crunchbase. Betterment. Latest round: $100 million Series E ($700 million valuation).

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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

Online marketplace for real estate investing. HQ: New York City. HQ: New York City. Online consumer lending. Person-to-person small biz lending platform. Tags: SMB, credit, lending, loans, underwriting, investing, P2P, business loans, crowdfunding. Source: Crunchbase.

Company 12
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Fintech Fundings: 15 Companies Raise $51 Million Week Ending Dec 25

Fintech Labs Insights

Mobile & online payments. HQ: New York City. HQ: New York City. Tags: SME, lending, alt-credit, underwriting, sub-prime, loans, P2P, investing. Total raised: $6.3 HQ: Elizabethtown, Kentucky. Source: Crunchbase. Prestiamoci. Person-to-person consumer lender . Latest round: $2.2 million.

Company 12