Tagged: jeffrey meiler

April 9, 2018 @ 12:50 pm By Samantha Hurst  |  

Marlette Funding, LLC, the owner of consumer lending platform Best Egg, announced on Monday the year-end results and key accomplishments for first quarter 2017. According to Marlette Funding, during the past year, Best Egg experienced origination growth of 66%, significantly reduced its customer acquisition costs,… Read More

August 3, 2016 @ 1:37 pm By Samantha Hurst  |  

On Wednesday, marketplace lending platform, Marlette Funding, announced the closing of its first proprietary “MFT” securitization. The company reported that approximately $205 million of Best Egg collateral was financed through three classes of notes and one class of certificates with the loan sellers retaining a portion… Read More

May 6, 2016 @ 9:16 am By Samantha Hurst  |  

Marlette Funding, LLC, a marketplace for Best Egg unsecured personal loans, announced this week that it has appointed Prosper’s former COO and CRO, Josh Tonderys, as its new president. Prior to joining Prosper, Tonderys worked at Barclaycard US where he led their open market credit card… Read More

October 2, 2015 @ 12:40 pm By JD Alois  |  

Cross River Bank, chartered in the state of New Jersey, has joined with Marlette Funding on a joint $100 million securitization transaction targeting the Marketplace Lending sector. This transaction is said to be the first completed jointly by an FDIC insured bank with a marketplace… Read More

July 21, 2015 @ 2:43 pm By Samantha Hurst  |  

Marlette Funding, LLC, a marketplace for Best Egg unsecured personal loans, recently announced that it raised $75 million in equity funding to accelerate growth, further its partnership agenda and begin putting loans on its own balance sheet. The round was led by Invus Opportunities, a diversified… Read More