PeerIQ, a leading data and analytics platform operating in the online lending sector, has formed a new partnership with Cross River Bank. The news was disseminated in a press release on Friday. The objective of the partnership is to boost the relationship between small bank… Read More
Read more in: Fintech | Tagged geoffrey kott, marketplace, online lending, peeriq, ram ahluwalia
Marlette Funding, LLC, an online consumer lending platform, service provider, and the parent company of Best Egg, announced on Monday it closed its fifth proprietary “MFT” securitization. According to the company, approximately $495 million of Best Egg loans were financed via $464.3 million of MFT 2018-1 Notes with four… Read More
Read more in: Investment Platforms and Marketplaces | Tagged best egg, geoffrey kott, marlette funding
Online consumer lending platforms and services, Marlette Funding, announced on Friday it completed its second proprietary “MFT” securitization. The lender reported that approximately $333 million of Best Egg collateral was financed through the transaction. According to Marlette Funding, the transaction was significantly oversubscribed and successfully… Read More
Read more in: Investment Platforms and Marketplaces, General News | Tagged geoffrey kott, marlette funding, online lending, paul ricci, securitization transaction
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