Tagged: abs

February 26, 2020 @ 10:16 am By Samantha Hurst  |  

Pagaya, an artificial intelligence (AI) powered investment manager, announced on Wednesday it has closed its sixth capital markets transaction for a $200 million asset-backed security (ABS), which was led by structuring agent Cantor Fitzgerald. The transaction brings Pagaya’s total assets under management (AUM) to $1.5 billion…. Read More

October 2, 2019 @ 7:00 pm By JD Alois  |  

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have revealed the 40 finalists have been shortlisted for the Fintech Awards to be presented at this year’s Singapore FinTech Festival x Singapore Week of Innovation and Technology (SFF x SWITCH)…. Read More

January 18, 2018 @ 9:40 pm By JD Alois  |  

  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

November 13, 2017 @ 8:04 am By JD Alois  |  

The Monetary Authority of Singapore (MAS), in partnership with The Association of Banks in Singapore (ABS) and with SingEx Holdings, kick off the Singapore FinTech Festival today. This is the second edition of the week-long event that promises to provide a forum for the Fintech… Read More

October 5, 2017 @ 9:15 am By JD Alois  |  

Blockchain or Distributed Ledger Technology (DLT) is pretty much accepted as the future of banking. A bigger question is whether or not banks will continue to exist, at least in present form.  Banks that embrace change and innovation stand a better chance to evolve and… Read More

April 20, 2017 @ 10:06 am By Samantha Hurst  |  

Chinese marketplace lending platform Yirendai (NYSE: YRD) announced on Thursday it has made incremental progress in facilitating consumer loan products with asset-backed security (ABS) structure. This news comes just a couple weeks after the online lender entered into an agreement of intent with the Beijing branch of… Read More

November 21, 2016 @ 11:12 am By JD Alois  |  

As part of the first annual Fintech Festival, Singapore gifted S$1.15 million to ten different Fintech firms. Sponsored by the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS), a list of 200 global Fintech firms were narrowed down to 40… Read More

November 14, 2016 @ 8:20 am By JD Alois  |  

The very first Singapore Fintech Festival kicked off today with important support from the Singapore government. Both the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) partnered on launching the inaugural event.  The week long Fintech gathering expects to have… Read More

August 1, 2016 @ 9:07 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) are joining together on the Fintech Awards to be presented at the inaugural Singapore Fintech Festival scheduled for November 2016. Singapore is staking a claim in the Fintech sector and view… Read More

May 16, 2016 @ 2:04 pm By JD Alois  |  

The marketplace lending industry is getting hammered of late.  The after-shock reverberations following the resignation of Lending Club co-founder and CEO Renaud Laplanche continues to be a hot topic of conversation. Today, Fitch has come out with a report stating “investor confidence in marketplace lending… Read More

April 25, 2016 @ 10:28 am By Samantha Hurst  |  

Yirendai Ltd. (NYSE: YRD), an online consumer finance marketplace in China, announced on Monday the completion of issuance of RMB 250 million asset-backed securities (“ABS”). Last month,  Yirendai announced this week it will be considered as the first online consumer finance marketplace in China facilitating consumer loan products with the… Read More

March 2, 2016 @ 3:51 pm By Samantha Hurst  |  

Yirendai Ltd. (NYSE: YRD),  an online consumer finance marketplace in China, announced this week it will be considered as the first online consumer finance marketplace in China facilitating consumer loan products with asset-backed security (“ABS”) structure. Yirendai reported that as part of its strategy to diversify and expand… Read More

March 31, 2015 @ 11:23 am By Samantha Hurst  |  

3D 2.0 Inc. today announced the start of a crowdfunding campaign on Kickstarter to bring a revolutionary new product to the 3D printing world: Retouch3D. Retouch3D is a hand-held heated tool with variable heat settings and interchangeable tips designed specifically for finishing 3D prints. Founder of 3D 2.0, Phil… Read More