Tagged: abs

Fitch: Confidence in Marketplace Lending ABS Gets Hammered

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

Yirendai Announces Issuance Completion of RMB 250M Asset-Backed Securities & Chief Technology Officer Resignation

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

Brief: Yirendai Now Faciliates Loan Products with Asset-Backed Security Structure

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

Pittsburgh’s 3D 2.0 Inc. Launches Kickstarter For Heated 3D Print Finishing Tool Retouch3D

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

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