Tagged: matt burton

Orchard Launches New Platform: Orchard Deals Matches Global Investors & Originators to Boost Online Lending Market

  Orchard Platform has rolled out Deals, operated by Orchard Platform Markets, LLC, a wholly-owned subsidiary, SEC-registered broker-dealer, and member of FINRA and SIPC. Deals is a global market where loan originators may discover low cost financing and institutional investors can connect, evaluate, and move… Read More

Orchard Platform Pivot? Not So Fast.

Earlier this week there was note circulating the Orchard was in the midst of a pivot.  Specifically, the report said Orchard was pivoting from a data/analytics platform to a loan trading platform. This was interesting as the secondary transaction platform for securities based on online loans… Read More

Orchard X: Secondary Market for Online Loans Delayed Due to Regulatory Hurdles

Orchard X, the secondary trading platform being created by Orchard platform, received coverage from NYTimes.com yesterday shedding some light on the delayed launch. The electronic trading platform for online lending assets was announced in April 2016 but since that date little has been said about a… Read More

Orchard & OnDeck Partner on Reporting for Institutional Investors

OnDeck (NYSE: ONDK) and Orchard Platform have signed an agreement where Orchard will provide a scalable solution to manage the  reporting for institutional investors purchasing loans via the OnDeck Marketplace. The agreement will also provide OnDeck with access to the entire Orchard for Originators product… Read More

Orchard Launches New Data Program for Online Lending

Orchard Platform has launched a “Data Partner Program” that aggregates loan data from a range of leading online lending platforms. Via the Orchard Data Partner Program, originators will be able to gain the ability to analyze and compare their loan performance to that of their… Read More

Franchise Lender ApplePie Integrates with Orchard Platform

Orchard has added a unique online lender to its Market Data product. ApplePie Capital, a company that provides access to capital for the franchise industry will now accept institutional investors via the Orchard service. ApplePie is the first online lender solely focused on the franchises…. Read More

Bill Ullman Appointed Chief Commercial Officer at Orchard

Long-time Orchard Senior Advisor Bill Ullman has been appointed Chief Commercial Officer of the Fintech firm. Ullman has been providing his insight and perspective to Orchard since the firm was founded in 2013.  Ullman, reporting directly to Orchard CEO Matt Burton, will now direct global… Read More

Orchard Works to Shape the Future of Marketplace Lending with Partner Forum

Orchard Platform will be holding its first Partner Forum designed to help shape the future of marketplace lending.  The inaugural event will involve Orchard executives alongside industry executives such as Noah Breslow of OnDeck, Ron Suber of Prosper and Tom Glocer of Angelic Ventures. According… Read More

loanDepot Partners with Orchard

loanDepot has announced a new partnership with Orchard Platform – the company that is at the nexus of online lending and institutional participation. loanDepot will now be integrating its performance data into the Orchard U.S. Consumer Marketplace Lending Index and Market Data products. loanDepot states believes… Read More

Fintech Moved Mainstream: Reflections on 2015

As 2015 comes to a close, here are some highlights from WWF, the wonderful world of fintech. And what a year it’s been!  At the close of last year, the world watched Lending Club’s astounding IPO. By this November, the firm surpassed $13B from borrowers since its 2006 launch. During… Read More

Orchard Partners with Bloomberg. Will Distribute Marketplace Lending Index

Orchard Platform has inked an agreement to partner with Bloomberg Professional service to provide the Orchard US Consumer Marketplace Lending Index. Orchard is a unique platform.  It is the digital pipeline for institutional funds flowing into marketplace lending loans.  This exchange of investors and borrowers… Read More

What Do We Want FinTech to be When it Grows Up?

Last week, Mike Cagney, the CEO of SoFi, gave an interview in the San Francisco Business Journal in which he made some fairly controversial comments. It instantly made the rounds in the industry and has become  a topic of much debate. I recommend reading the… Read More

Orchard Perspective: There Will Be A Global Shift in the Way Capital is Distributed

Orchard, an important participant in the online lending world, benefits from a unique perspective.  The company powers the digital pipes that channel billions of dollars of institutional money into marketplace lending platforms.  As a valued partner in the P2P / Marketplace lending space, Orchard took… Read More

LendTech Angels Hosts First Successful LendLab for FinTech Entrepreneurs

Despite a hot and rainy New York City morning, there was a great turn-out at LendTech Angels’ first LendLab event.  Hosted by Kiran Lingam, managing director of LendTech Angels, the event gave aspiring marketplace lending startups an education in the regulatory landscape they are entering…. Read More

Orchard Accelerates. Raises $30 Million in Series B

Orchard platform, the company that has become the internet pipes to funnel institutional funds into marketplace lending platforms, has raised more money. This time Orchard has received $30 million in a Series B Funding round led by some big names in finance. Already recognized as… Read More

Orchard Shares Thoughts on US Treasury’s Interest in Marketplace Lending

On August 5th the US Department of Treasury hosted over 80 individuals as part of a series of roundtables and information seeking events to discuss the fast growing sector of Marketplace Lending.  This past July, Treasury published a “Request for Information” regarding Peer to Peer… Read More

Orchard Provides Feedback on Recent US Treasury Interest in Marketplace Lending

  Last week Crowdfund Insider published a report on how the US Department of Treasury was investigating marketplace lending and the rising prominence of online, direct lenders. While the interest is certainly understandable, anytime the government shows up – industry gets concerned.  While Treasury stated their… 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

Orchard Announces Two New Partnerships with Auto One & Interface Financial Group

Orchard Platform has announced two new partnerships as it extends its reach into a growing number of financial verticals in the direct lending space.  Orchard has signed up Auto One Acceptance and The Interface Financial Group (IFG).  Auto One is described as the “vehicle lender… Read More

China Rapid Finance Provides Over 1.1 Million Loans in Just 3 Months

Peer to peer lender China Rapid Finance has originated an astounding 1.1 million in loans to Chinese borrowers in just three months time – as of April 30th. The impressive number is indicative of the demand for capital in the largest P2P lending market in… Read More