P2P & Online Lending Global Market Overview
|
|
|
- Octavia Wilson
- 10 years ago
- Views:
Transcription
1 P2P & Online Lending Global Market Overview PETER RENTON Founder Lend Academy Co-founder LendIt Conference
2 Major Milestones of the Past Year Eaglewood Capital/Lending Club securitization Funding Circle Endurance Lending Network CommonBond raises $100 million Prosper gets BlackRock as equity and platform investor Banks partner with both Lending Club and Prosper SoFi completes first rated securitization Lending Club expands into small business loans Lending Club acquisition of Springstone Financial
3 Dramatic Growth SOURCE: Lend Academy
4 State of the Industry in USA in 2014
5 Estimated Loan Volumes 2014 Lending Club: $4.7 billion Prosper: $1.3 billion Others < $250m total 2015?
6 Small Business Lending is Booming
7 Small Business Lending is Booming Long term loans (3-5 years) just getting started Shorter term loans already in the billions CAN Capital Market leader OnDeck Announced OnDeck 24 Alternative data sources New ways of underwriting Movement towards marketplace lending Many different business models
8 Student Loans
9 Student Loans $1 Trillion market Focused on building community Lower yield for investors Securitization Using student loans as a launchpad SoFi Upstart
10 Real Estate
11 Real Estate Largest market opportunity: $13 trillion Tiny industry now, but could be bigger than consumer lending Easy to understand Secured loans (debt and equity) Move from REITs to online lenders Crowdfunding a project Vanity projects - Hard Rock Hotel, office building Invest in flips with none of the work
12 UK has A Dynamic Market
13 UK has A Dynamic Market Still dominated by the big three Zopa, Ratesetter, Funding Circle Now, nearly 30 platforms New players making a splash LendInvest Assetz Capital Savings model: Lend to save Robust secondary markets
14 Europe
15 CreditEase Largest p2p platform in the world, $9.6 billion originated Huge offline sales force for borrower acquisition China Rapid Finance Huge established credit card business $250 million issued Lufax Grew from $24M in 2012 to $528M in 2013 All loans are guaranteed for investors Dianrong Started by Lending Club co-founder Soul Htite China
16 Rest of the World
17 Expanding into New Areas Auto loans Equipment finance Mining Projects Medical loans Solar Energy
18 Industry is booming Over 100 platforms attending LendIt 2014 Trends Huge investor demand Companies expanding across borders Funding Circle in UK/US Ratesetter in UK/Australia Lendico operating in Europe/South Africa Banks are becoming more involved Barclays/Rainfin Westpac/SocietyOne
19 2014 Trends Securitization Eaglewood, SoFi, Insikt, OnDeck Expanding beyond Prime borrowers Lending Club Policy Code 2/Banco Santander BorrowersFirst, Peerform down to 600 FICO Freedom Financial Building out the online lending ecosystem Orchard/Notex360/NickelSteamroller P2P-Picks/LendingRobot/PeerCube/PeerTrader & others Big Data
20 2014 Trends Refocusing on the individual investor Recent changes at Lending Club, Prosper Growth by acquisition: taking over traditional lending Lending Club to Springstone the first of many The Lending Club IPO Refocusing on borrowers Creating new borrower channels
21 Consumer Lending The Development of this Asset Class Small business Student loans Real Estate Single products to multiple products Multiple products to wealth management Investors are ready
22 We are just getting started!
335 Madison Avenue 16th Floor New York, NY 10017
September 30, 2015 Laura Temel Attention: Marketplace Lending RFI U.S. Department of the Treasury [email protected] Dear Ms Temel, Thank you for your interest in marketplace lending and
TRENDS IN MARKETPLACE LENDING: AN OVERVIEW
TRENDS IN MARKETPLACE LENDING: AN OVERVIEW INTRODUCTION Marketplace Lending is a thriving, innovative, and rapidly evolving segment of the financial industry. Driven by increasing demand from institutional
JLL Debt Advisory Iberia
the Real Estate Investment profitability with the Financing? Debt Market A Diverse Originating Lender Audience Existing Market Players New Entrants Lenders with a foothold in certain markets with scarce
James Hobson OnDeck. #LEND360 LEND360.org
James Hobson OnDeck #LEND360 LEND360.org Going Global in Business Lending James Hobson, COO, OnDeck Lend360 October 14, 2015 3 OnDeck: Powering the Growth of Small Business Through Lending and Technology
September 30, 2015. Marketplace Lending RFI U.S. Department of the Treasury 1500 Pennsylvania Ave NW., Room 1325 Washington, DC 20220
September 30, 2015 Marketplace Lending RFI U.S. Department of the Treasury 1500 Pennsylvania Ave NW., Room 1325 Washington, DC 20220 Dear Sir or Madam, The American Bankers Association (ABA) 1 and the
Whole Loan Market Overview The Regulation Dichotomy page 2 Anjali Kumar, VP, Whole Loan Sales/Trader
Spring/Summer Edition 2014 Whole Loan Market Overview The Regulation Dichotomy page 2 Anjali Kumar, VP, Whole Loan Sales/Trader January 10th, 2014, brought about significant change to the mortgage industry
Journal #39. Article Journal 39. The Capco Institute Journal of Financial Transformation
Journal Article Journal 39 The Rapid Ascent of Peer-to-Peer and Online Direct Lending Models: The Impact on Banking Journal Yvan De Munck The Capco Institute Journal of Financial Transformation Recipient
The Business Models and Economics of Peer-to-Peer Lending.
The Business Models and Economics of Peer-to-Peer Lending. Alistair Milne 1 and Paul Parboteeah 2 School of Business and Economics, Loughborough University, UK 5th April 2016 3 Abstract This paper has
P2P Lending: Opportunity & how to invest
11 March 214 Cormac Leech Research +44 () 2 31 2264 [email protected] Karen Lucey Research +44 () 2 31 2183 [email protected] Minh Tran Research +44 () 2 31 2184 [email protected] Ropemaker
5 Interesting Facts about the Peer to Peer (P2P) Market
5 Interesting Facts about the Peer to Peer (P2P) Market 1 P2P is not crowdfunding PEER TO PEER LENDING CROWDFUNDING The practice of unrelated individuals or companies lending money directly to one another
IN THIS REVIEW, WE HAVE ARRANGED OUR BUSINESSES AROUND OUR TWO DISTINCT CUSTOMER
Review of TD s businesses REVIEW OF TD S BUSINESSES PROFILES OF TD S BUSINESSES TODAY IN THIS REVIEW, WE HAVE ARRANGED OUR BUSINESSES AROUND OUR TWO DISTINCT CUSTOMER BASES RETAIL AND WHOLESALE TO SHOW
Podcast Transcription Session 20: Renaud Laplanche
Podcast Transcription Session 20: Renaud Laplanche Peter Renton: Welcome the Lend Academy Podcast, session number 20. This is your host, Peter Renton, founder of Lend Academy. [music] Peter: So we have
WHEN FINANCE MEETS INTERNET
January 2016 Alternative Investment Research WHEN FINANCE MEETS INTERNET The Marketplace Lending Industry Technology is changing our lives, from the way we communicate to the way we consume; now, it is
2015 Real Estate Industry Update A landscape for change: Transforming for the future
2015 Real Estate Industry Update A landscape for change: Transforming for the future October 20, 2015 Welcome Welcome to Deloitte s 2015 real estate industry update The real estate industry has been on
U. S. DEP ARTMENT OF THE TREASURY. Opportunities and Challenges in Online Marketplace Lending
THE DEPARTMENT OF THE TREASURY 1789 U. S. DEP ARTMENT OF THE TREASURY Opportunities and Challenges in Online Marketplace Lending May 10, 2016 Table of Contents Acknowledgements....ii I. Executive Summary....
Breakout Session 1: Mortgage Lenders How can we Incentivize Lenders to Grant more Housing Loans?
Breakout Session 1: Mortgage Lenders How can we Incentivize Lenders to Grant more Housing Loans? Dr. Friedemann Roy IFC Financial Institutions Group Durban October 27, 2015 Work program for break-out session
STARWOOD PROPERTY TRUST ANNOUNCES SPIN-OFF OF SINGLE-FAMILY RESIDENTIAL BUSINESS
STARWOOD PROPERTY TRUST ANNOUNCES SPIN-OFF OF SINGLE-FAMILY RESIDENTIAL BUSINESS - New public REIT, to be called Starwood Waypoint Residential Trust, will be one of the largest investors, owners and operators
Residential Solar Finance 101: Accessing Capital Markets to Grow Your Business
Residential Solar Finance 101: Accessing Capital Markets to Grow Your Business APEC 2014 Mike Pope, CFO March 2014 Overview Solar is Booming Residential Solar is a Huge Market Opportunity People Are Going
Whole Loan Capital, LLC. Opportunities In Mortgages. How To Prosper When Banks Don t
Opportunities In Mortgages How To Prosper When Banks Don t Investment Thesis Banks have dramatically reduced their mortgage appetites: 95% of all mortgages today go to a GSE (FNMA, FHLMC, GNMA) Jumbo mortgage
STATE OF SMALL BUSINESS LENDING:
AS OF JULY 2014 STATE OF SMALL BUSINESS LENDING: CREDIT ACCESS DURING THE RECOVERY AND HOW TECHNOLOGY MAY CHANGE THE GAME Karen Gordon Mills Senior Fellow, Harvard Business School and Harvard Kennedy School
Research Report. The Business Models and Economics of Peer-to-Peer Lending. Alistair Milne Paul Parboteeah. European Credit Research Institute
Research Report The Business Models and Economics of Peer-to-Peer Lending Alistair Milne Paul Parboteeah European Credit Research Institute No. 17 May 2016 The Business Models and Economics of Peer-to-Peer
Growth in Marketplace Lending Spawns Specialized Risk Services and Tools
https://my.garp.org/sfdcapp#!/risk_intelligence_detail/a1z400000031ltyeae Growth in Marketplace Lending Spawns Specialized Risk Services and Tools From the likes of Monja, Orchard Platform and PeerIQ,
FICO Score Factors Guide - TransUnion
Factors Guide - TransUnion The consumer-friendly reason descriptions and things to keep in mind below are provided for use within FICO Open Access customer displays. The table includes a reason description
Investment required: up to 400,000 (EIS pending)
Web Brief New Peer-to-Peer Crowd Funding Business BFS Ref.: PF/394/045 Investment required: up to 400,000 (EIS pending) Summary Our client is a new start company, and will enter the rapidly expanding UK
Morgan Stanley Reports Full-Year and Fourth Quarter 2010:
Media Relations: Jeanmarie McFadden 212-761-2433 Investor Relations: Celeste Mellet Brown 212-761-3896 Morgan Stanley Reports Full-Year and Fourth Quarter 2010: Full-Year Net Revenues of $31.6 Billion
Evaluating the HECM product
Evaluating the HECM product March 26, 2015 Presented by Garrett M. Kolb [email protected] Senior Managing Director Reverse Mortgage Solutions, Inc. For Mortgage Professionals Only These materials are designed
The Bureau will continue to monitor this space to understand the benefits and potential risks to consumers.
mobile payments platform, Chase Pay. 70 The proposed mobile payment network would be rolled out to 100,000 merchant locations that are part of the MCX network, as well as technology providers that allow
General Electric Company
General Electric Company Financial Services - Overview/Strategy "This document contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking
UK Peer-to-Peer (P2P) Finance
UK Peer-to-Peer (P2P) Finance 3 February 2015 Market set to smash 30bn barrier by 2022 William Shakespeare was undoubtedly a talented writer, but his genius doesn t seem to cover finance. In his play Hamlet,
Small Business Lending Landscape. Pam Porter, Opportunity Finance Network
Small Business Lending Landscape Pam Porter, Opportunity Finance Network Agenda Review small business landscape Taking a customer s view of online lenders How CDFIs can differentiate h d d Discuss how
Financing for the Car Wash Industry. WHITE PAPER: An Overview of SBA 7(a) Financing
Financing for the Car Wash Industry WHITE PAPER: An Overview of SBA 7(a) Financing INTRODUCTION If you are looking to purchase, build, upgrade, or refinance a car wash you already own, you may be surprised
FICO Scores: Uses and Misuses
3 FICO Scores: Uses and Misuses Jacob Fuller and Eric Dawson The Fair Isaac Corporation and FICO Scores Debt is an important tool for both businesses and individuals. It can be used to leverage returns,
The Future of Small Business Lending: CREDIT ACCESS DURING THE RECOVERY AND HOW TECHNOLOGY IS CHANGING THE GAME
The Future of Small Business Lending: CREDIT ACCESS DURING THE RECOVERY AND HOW TECHNOLOGY IS CHANGING THE GAME LendIt USA Karen Gordon Mills Senior Fellow, Harvard Business School & Harvard Kennedy School
Opening Doors For Muslim Families In America
Fe r d de i M a c We Open Doors Opening Doors For Muslim Families In America Saber Salam Vice President, Freddie Mac April 2002 Introduction The dream of homeownership is at the core of American society.
Dr. Richard Swart, UC Berkeley [email protected]. Alternative Finance: How to Take Advantage of New Financing for Your Business
Dr. Richard Swart, UC Berkeley [email protected] Alternative Finance: How to Take Advantage of New Financing for Your Business Tweet Please @richardswart Who am I? Run UC Berkeley s Research efforts
Global Marketplace Lending Disruptive Innovation in Financials
MORGAN STANLEY BLUE PAPER MORGAN STANLEY RESEARCH Global Disruptive Innovation in Financials Marketplace lending is in liftoff and is a challenging new paradigm for unsecured consumer lending. Our proprietary
1 Regional Bank Regional banks specialize in consumer and commercial products within one region of a country, such as a state or within a group of states. A regional bank is smaller than a bank that operates
by Peter Renton LendAcademy.com
by Peter Renton LendAcademy.com www.lendacademy.com This e- book is provided for information purposes only. It is not intended to be financial advice; you should always seek a professional before making
WHITE PAPER. The Marketplace Lending Revolution. Vicky Costello. www.lafferty.com
WHITE PAPER The Marketplace Lending Revolution Vicky Costello www.lafferty.com Introduction: Marketplace Lending: The next revolution? In 2012, Patrick Molineux, in his book Connected Consumer and the
Get Your Multifamily Deal Done With FHA
January 7, 2009 Get Your Multifamily Deal Done With FHA Arbor Commercial Mortgage, LLC Overview In 2008, the housing finance system came to a near standstill as creditors began losing confidence in the
The UK solar gold rush: Navigating the end of the RO regime and preparing for CfDs ORRICK 1. In association with
The UK solar gold rush: Navigating the end of the RO regime and preparing for CfDs ORRICK 1 In association with U.S. RENEWABLE ENERGY FINANCING AND REGULATORY OUTLOOK 2015 2 ORRICK US renewable energy
Cloud-based trading & financing ecosystem for global ecommerce
Cloud-based trading & financing ecosystem for global ecommerce specializing in China inbound and outbound trade for small online retailers and social commerce players Our Motto MAKING BUY AND SELL EASY!
Bill Phelan PayNet, Inc. #LEND360 LEND360.org
Bill Phelan PayNet, Inc. #LEND360 LEND360.org A Ground Floor Opportunity taking the risk out of small business lending Lend360 October 2015 Atlanta, GA PayNet and PayNet AbsolutePD are registered trademarks
State of Small Business Lending: US and UK
State of Small Business Lending: US and UK Karen Gordon Mills Senior Fellow, Harvard Business School & Harvard Kennedy School Former Administrator of the U.S. Small Business Administration and Member of
To Build or To Buy? The Question for Every Marketplace Lender
To Build or To Buy? The Question for Every Marketplace Lender Darpan Saini, Co-Founder & CTO, Cloud Lending Solutions CLOUD LENDING SOLUTIONS Lending Innovation starts here Contents Introduction How Does
Journal #40. Article Journal 40. The Capco Institute Journal of Financial Transformation
Journal Article Journal 40 nnnn nnnnnnnnnnnnnnnnnnnn Journal Directing the Disruptive: Institutional Investors and the Secondary Market in Peer-to-Peer Loans Sam Price Joseph Abou-Jaoude The Capco Institute
The Future of FinTech A Paradigm Shift in Small Business Finance
Global Agenda Council on the Future of Financing & Capital The Future of FinTech A Paradigm Shift in Small Business Finance October 2015 GAC15_The_Future_of_FinTech_Paradigm_Shift_Small_Business_Finance_report_2015.indd
BRIDGE LOANS 4962 ROYAL GULF CIRCLE FORT MYERS, FL 33966 O: 855.702.6667 F: 888.376.3210 26
BRIDGE LOANS 4962 ROYAL GULF CIRCLE FORT MYERS, FL 33966 O: 855.702.6667 F: 888.376.3210 26 BRIDGE LOANS PROJECTS LOCATION LOAN AMOUNT INTEREST RATE POINTS IRR Comfort Suites FL $2,500,000 12.00% 5.00%
One of Canada s Fastest Growing Automotive Finance Companies
One of Canada s Fastest Growing Automotive Finance Companies This presentation contains forward-looking statements, including, in particular statements about RIFCO s plans, strategies and prospects. These
NATIONAL INTERACTIVE STUDY GROUP UNIT 8 QUESTIONS
NATIONAL INTERACTIVE STUDY GROUP UNIT 8 QUESTIONS National Interactive Study Group 2 SESSION 8 JOHN MATHIS Notes for Tonight 1. To MUTE your phone line use *6 2. To UNMUTE your phone line use #6 3. Chat
The Canada Life Assurance Company ANNUAL REPORT
The Canada Life Assurance Company 2007 ANNUAL REPORT CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION This report contains some forward-looking statements about the Company, including its business
Balanced fund: A mutual fund with a mix of stocks and bonds. It offers safety of principal, regular income and modest growth.
Wealth for Life Glossary Aggressive growth fund: A mutual fund that aims for the highest capital gains. They often invest in smaller emerging companies that offer maximum growth potential. Adjustable Rate
North America Consumer Home Equity Loan Survey. Unlocking home equity lending through a digitally empowered consumer
North America Consumer Home Equity Loan Survey Unlocking home equity lending through a digitally empowered consumer Signs of a rebound continue to show in the North American home equity lending market.
SBA 7(a) Government. Guaranteed Loan Program
SBA 7(a) Government Guaranteed Loan Program SBA Overview The U.S. Small Business Administration (SBA) Was Created By Congress In 1953 To Assist And Counsel Small Business Growth And Prosperity, Thereby
CREDIT UNION TRENDS REPORT
CREDIT UNION TRENDS REPORT CUNA Mutual Group Economics July 2 (May 2 data) Highlights First quarter data revisions were modest. The number of credit unions was revised down by and assets and loans were
2014 Survey of Credit Underwriting Practices
2014 Survey of Credit Underwriting Practices Office of the Comptroller of the Currency Washington, D.C. December 2014 Contents Introduction... 1 Part I: Overall Results... 3 Primary Findings... 3 Commentary
FINANCIAL SERVICE IN CLOUD COMPUTING. Ji Luo, Qi Li, Bobby Sankhagowit MS&E 238, Stanford University
FINANCIAL SERVICE IN CLOUD COMPUTING Ji Luo, Qi Li, Bobby Sankhagowit MS&E 238, Stanford University 1 Table of Contents: I. Briefing page 3 II. Fund page 4 a. Background information Paypal and Yu E Bao
Deleveraging continues as new sources of liquidity arrive
european real estate lending survey A Cushman & Wakefield Publication MARCH key highlights Deleveraging continues as new sources of liquidity arrive The European lending landscape continues to evolve in
CITI REPORTS FIRST QUARTER INCOME OF $5.01 BILLION, EPS OF $1.01 RECORD REVENUES OF $25.5 BILLION, UP 15% INTERNATIONAL REVENUES UP 18%
CITI REPORTS FIRST QUARTER INCOME OF $5.01 BILLION, EPS OF $1.01 RECORD REVENUES OF $25.5 BILLION, UP 15% INTERNATIONAL REVENUES UP 18% RECORD REVENUES AND NET INCOME IN MARKETS & BANKING AND WEALTH MANAGEMENT
Licensed by the California Department of Corporations as an Investment Advisor
Licensed by the California Department of Corporations as an Investment Advisor The Impact of the Alternative Minimum Tax (AMT) on Leverage Benefits My associate Matthias Schoener has pointed out to me
Development of consumer credit in China
Development of consumer credit in China Shen Bingxi and Yan Lijuan 1 Summary Consumer credit particularly personal consumer loans such as home mortgages and loans financing purchases of automobiles and
A LEADER IN MULTIFAMILY AND HEALTHCARE LENDING
A LEADER IN MULTIFAMILY AND HEALTHCARE LENDING Greystone will work hard to help you accomplish your financial needs. We will use our creativity, drive and passion to deliver unparalleled business solutions
Athens University of Economics and Business
Athens University of Economics and Business MSc in International Shipping, Finance and Management Corporate Finance George Leledakis An Overview of Corporate Financing Topics Covered Corporate Structure