Tagged: jp morgan

Indian AltFin Startup OpenTap Aims to Create Greater Access to Short-Term Loans

Alternative finance startup OpenTap is aiming to disrupt an environment where many creditworthy borrowers do not have access to short-term personal loans from the traditional financial services sector.  Founded in 2015, OpenTap is based in Chennai, India and seeks to grant access to short-term credit for… Read More

Moody’s: Marketplace Lending is Good for Small Business Even as Pitfalls Remain

Moody’s has published a report on the marketplace lending industry stating that platforms are “steadily expanding credit to small and medium sized enterprises (SMEs) – but challenges remain. The authors are of the opinion that partnerships with traditional banks may ease the path forward for… Read More

Hey Silicon Valley, JPMorgan is Coming

Last year JPMorgan Chase CEO Jamie Dimon rattled Wall Street by stating the obvious. FinTech firms popping up across Silicon Valley and around the world were looking to challenge traditional banks and siphon their business away. This year the message from the fabled CEO has changed…. Read More

Report: Zopa Raising £70 Million at £500 Million Valuation

Zopa, the largest peer to peer lending platform in the UK, is reportedly working with JP Morgan to raise £70 million giving the company a £500 million valuation. Zopa was the first P2P lender in the UK and pioneered the concept that has been embraced… Read More

Brief: KeyBank Grows Fintech Partnerships, Links with Aptexx

KeyBank announced a non-equity partnership with Aptexx, a California-based provider of payment and property management software, reported Crain‘s Jeremy Noble. The collaboration continues the Cleveland-based bank’s foray into fintech, initiated by September’s strategic partnership and minority investment in AvidXchange and another partnership with InstaMed.  With much debate in the fintech industry… Read More

JP Morgan Chase to Partner with OnDeck

Yesterday JP Morgan Chase CEO Jamie Dimon spoke about partnering with a peer to peer lending platform without mentioning the company by name.  Later in the day, it was shared that OnDeck Capital has announced a strategic partnership with JPM where the largest bank in… Read More

JP Morgan Chase to Partner with P2P Lender on SME Loans

The king of banks, JP Morgan Chase, has decided to partner with a so-far unnamed peer to peer / marketplace lending platform as it seeks to adapt to the fast changing sector of online finance.  CEO Jamie Dimon, speaking on a panel at a US… Read More

Former JP Morgan Chief Credit Officer Megan Goodfellow Joins RealtyMogul As Head of Credit, Commercial Real Estate

RealtyMogul, a peer-to-peer marketplace for real estate investing, has hired Megan Goodfellow as its Head of Credit, Commercial Real Estate. This executive hire is part of the company’s recent launch of a commercial lending division. Goodfellow will be responsible for the credit risk management of… Read More

PeerRealty Appoints J.P. Morgan’s Amy Kirsch as Head of Investor Relations

PeerRealty, a Midwest real estate crowdfunding platform, announced today that Amy Kirsch has joined the company as Head of Investor Relations. Kirsch brings to PeerRealty experience working with high net worth families on all financial matters, including investments, credit and general banking. Kirsch shared: “PeerRealty is… Read More