Tagged: vikram pandit

Point Initiates Forward Flow Purchase Program with Atalaya: Unlocking Home Equity Wealth

Point, a fintech platform that allows homeowners to unlock home equity wealth without taking on new debt, has agreed to a forward flow purchase program with investment firm Atalaya Capital Management to purchase up to $150 million of Point’s structured home equity investment instruments. “We’re… Read More

PeerIQ CEO Ram Ahluwalia: 2017 Saw a Resurgence of Growth in Online Lending

  There are several people in the online lending industry, inclusive of marketplace and balance sheet lending, that truly know just about everything going on in this evolving sector of finance. Ram Ahluwalia, CEO and co-founder of PeerIQ is one of these persons. His company… Read More

PeerIQ & TransUnion Join Forces to Bring Data Transparency Solutions to Marketplace Lending

PeerIQ, a data and analytics provider in the marketplace lending sector, and TransUnion (NYSE: TRU), a global information solutions provider, today announced a strategic partnership to bring enhanced transparency and insight to alternative lending markets. “Our partnership with TransUnion is a significant milestone for us, and… Read More

Monetary Authority of Singapore Creates Global Panel to Advise on Fintech

The Monetary Authority of Singapore (MAS) has created an blue ribbon International Technology Advisory Panel (ITAP) to advise MAS on global Fintech developments. The list of participants is highly impressive roster of Fintech leaders.  The Panel includes: Dr. Andreas Braun – Head of Global Data… Read More

Next Finance Industry Veteran Makes Move to New Finance as CommonBond Announces Morgan Edwards as CFO

Direct lending platform CommonBond has selected Morgan Edwards as its new Chief Financial Officer.  Edwards has spend the last 7 years as an MD at Macquarie Capital.  According to a company report, Edwards has tallied over 25 years in traditional finance.  At Macquarie he played… Read More

Orchard Co-Founder & CFO Angela Ceresnie: This is Only the Beginning for Marketplace Lending, This is the Future of Credit

  “The technology Orchard builds connects hundreds of millions of dollars of institutional capital to a rapidly expanding number of originators across multiple asset classes. This ultimately touches borrowers in an efficient and transparent manner, which truly makes what we do “many to many.” Orchard… Read More

PeerIQ Adds Deepak Agnani to Executive Team. Will Head Financial Products.

Peer to peer credit analytics startup PeerIQ has hired Deepak Agnani to its management team as Head of Financial Products. In this role Deepak will lead the development, marketing and launch of new product offerings. PeerIQ, is notable backed by multiple big names in the finance… Read More

Citigroup Exec Joins Fast Growing Lender CommonBond

Former Citigroup executive Vinayak Gurjar has joined marketplace lender CommonBond as Chief Risk Officer.  Gurjar joins a growing number of traditional banking managers switching over to new, fast growing financial firms.  While the banking industry has suffered years of slow growth, crushing regulations and a… Read More

PeerIQ Secures $6M in Seed Round; Set to Launch Peer-to-Peer Credit Risk Analytics Platform

PeerIQ, a financial information services company that connects peer-to-peer lending to the capital markets by helping institutional investors analyze, access and manage risk, today announced that it has raised $6 million of seed funding. Uprising and John Mack, former chairman and CEO of Morgan Stanley, led the… Read More

USAA Enters Bitcoin Space, Invests in Coinbase’s $75M Series C Funding Round

“USAA’s recent entrance into the bitcoin space may have been driven, in part, by interest in the technology among its own membership,” reported Stan Higgens from CoinDesk.  “The Fortune 500 financial services company, based in Texas, was among a diverse group of investors that took part in… Read More

Orchard Platform Raises $12M in Series A Funding: An Enviable Harvest

Orchard, the Marketplace Lending Platform backed by Spark Capital, Canaan Partners, and industry veterans, secures $14.7M in total investments Founded in NYC 2013, Orchard Platform, an investment and analytics platform focused on the global marketplace lending market, today announced it has raised $12 million in Series A… 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

Peer-To-Peer Lending Heating Up Early In 2014

The peer-to-peer lending space is rife with news and new high-quality market entrants to kick off the new year. It’s part of the reason why I predicted that 2014 is the year that P2P lending goes mainstream. (One could make an argument that it already has,… Read More

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