Tagged: bill ullman

Orchard Partners with Bloomberg with Online Lending Data

  Orchard Platform, a Fintech company that provides online lending data and insights, has formed a partnership with Bloomberg to make its content available to terminal subscribers. This is an important strategic shift for Orchard as it vastly scales its content and services to a… Read More

Traditional Banks are Really Shadow Finance & Wells Fargo Proves it.

Over the past several years, traditional financial services firms have thrown shade at alternative finance platforms by labeling them “Shadow Finance.” This oblique reference to Fintech firms seeking to disrupt and dethrone old school banks is standard banter on the various financial news networks. Even… Read More

Orchard & Experian Form Strategic Collaboration Partnership

Experian and Orchard Platform have announced a “strategic collaboration” designed to give institutional investors access to Experian’s consumer credit data. Orchard’s clients will now be able to use depersonalized credit data for ongoing monitoring of borrower creditworthiness for loans in existing portfolios. Additionally, Experian will… Read More

Orchard Explains How Consumer Online Lending Gets its Mojo Back

After years of rapid growth and promising predictions from the Fintech sector, consumer online lending stumbled in 2016. The one-two punch of fast money running for the doors and a jittery economy pulled the rug out from under the entire sector. Some industry followers responded… Read More

Bill Ullman Appointed Chief Commercial Officer at Orchard

Long-time Orchard Senior Advisor Bill Ullman has been appointed Chief Commercial Officer of the Fintech firm. Ullman has been providing his insight and perspective to Orchard since the firm was founded in 2013.  Ullman, reporting directly to Orchard CEO Matt Burton, will now direct global… Read More

What Do We Want FinTech to be When it Grows Up?

Last week, Mike Cagney, the CEO of SoFi, gave an interview in the San Francisco Business Journal in which he made some fairly controversial comments. It instantly made the rounds in the industry and has become  a topic of much debate. I recommend reading the… Read More

Orchard Provides Feedback on Recent US Treasury Interest in Marketplace Lending

  Last week Crowdfund Insider published a report on how the US Department of Treasury was investigating marketplace lending and the rising prominence of online, direct lenders. While the interest is certainly understandable, anytime the government shows up – industry gets concerned.  While Treasury stated their… Read More

A Little Filing with Big Implications for Marketplace Lending

On Thursday, June 11, RiverNorth Marketplace Lending Corporation filed an N-2 with the US Securities and Exchange Commission.  RiverNorth is a Chicago-based investment management firm founded in 2000 that specializes in opportunistic investment strategies.   Many of RiverNorth’s investment products are structured as Closed End… Read More

Here Comes the Sun: Sunlight (Not Shadow) Banking Heralds the Future

  Sunlight is said to be the best of disinfectants…” Former US Supreme Court Judge Louis Brandeis The old guard is trying to define marketplace lending as part of a murky “shadow banking” industry.  Banking analyst Richard Bove concluded in a recent Rafferty Capital Markets… Read More

Back to the Future: The Early Days of Online Trading Revisit FinTech and Crowdfunding Disruption

After reading Orchard Platform’s Bill Ullman elegantly deliberated “Is Fin-Tech History Rhyming Again?” on the platform’s blog last week and prepared for Thanksgiving, I wondered how the early days of online trading revisit fintech and crowdfunding disruption innovation.  While prepping for last week’s feast, I… Read More

Orchard Platform’s CEO Matt Burton Discusses P2P Lending Market Development: Invest in Loans with Intelligence, Speed and Scale

An Interview with Orchard Platform’s CEO Matt Burton Founded in 2013, the tech company Orchard Platform enables Direct Lending originators and institutional investors to optimize and scale Direct Lending at a global level. The Orchard Platform Advisors, LLC (a wholly owned subsidiary of Orchard Platform (Orchard… Read More