Tagged: orchard

January 27, 2017 @ 8:12 am By JD Alois  |  

The advent of online lending has become a powerful vehicle for providing access to credit for many thousands of businesses and individuals. No longer do you have to take a trip to the corner bank to complete reams of forms only to be told sorry,… Read More

January 6, 2017 @ 2:30 pm By JD Alois  |  

Orchard Platform, the nexus of institutional money flowing into online lending platforms, has updated their Lendscape: a visual presentation of the online lending ecosystem. As industry participants know all too well, 2016 has been a challenging year for lenders. Orchard states that 2016 saw increasing… Read More

December 30, 2016 @ 3:41 pm By JD Alois  |  

As one year comes to end it is a good opportunity to reflect on past events. The preceding 12 months have been a momentous period for internet finance including capital formation online. Fintech started as a curiosity that engendered much excitement – and fear for some…. Read More

December 22, 2016 @ 2:04 pm By Thomas LeTrent and Aaron Schwartz  |  

Market credibility and an emphasis on better transparency will be two key factors for marketplace lending in 2017. 2017 will be a pivotal year for the marketplace lending (MPL) space as the market will seek stabilization in both confidence and venture funding, following a challenging… Read More

November 28, 2016 @ 9:00 am By JD Alois  |  

Orchard has published its quarterly report on loan originations for the online lending industry. According to their numbers, origination volumes continued to drop in Q3 from Q2 2016.  The decline was significant too – decreasing by 21% in Q3 and down 50% from the peak… Read More

October 28, 2016 @ 5:16 pm By JD Alois  |  

Orchard Platform is out with their weekly report and they are reporting that “things appear to be getting back on track” as money is flowing back into the online lending sector.  New loan issuance is being led by platforms like SoFi and Avant. If this… Read More

October 20, 2016 @ 10:48 am By JD Alois  |  

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

September 26, 2016 @ 3:51 pm By JD Alois  |  

Orchard platform in their weekly report addressed the most recent ABS East conference – a hot Wall Street gathering on all things securitization. This year opening remarks were delivered by Steve Eisman who was made famous by his depiction in the Hollywood film the Big… Read More

September 12, 2016 @ 9:07 am By JD Alois  |  

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

September 6, 2016 @ 11:14 am By JD Alois  |  

Orchard Platform has announced the creation of a weekly online lending snapshot to provide industry followers an overview of activity within the online sector including marketplace and balance sheet lending.  Orchard stated; “…the snapshot will be produced on a weekly basis with the intention of… Read More

August 24, 2016 @ 5:02 pm By JD Alois  |  

Orchard Platform, the nexus of institutional money and online lenders, is out with their Q2 2016 report and it is pretty dismal. Consumer unsecured quarterly originations declined by 34.3% versus Q1 of this year.  Comparing Q2 with the same period in 2015, loan originations dipped… Read More

August 17, 2016 @ 8:14 am By JD Alois  |  

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

August 8, 2016 @ 12:13 pm By JD Alois  |  

Orchard Marketplace is a platform that is uniquely positioned at the intersection of institutional money and online lending. If you are a large investor you are using Orchard to manage and access loans on all marketplace lending platforms. This perspective means that Orchard can easily… Read More

July 15, 2016 @ 11:18 am By JD Alois  |  

Orchard Platform is growing. So much so they have leased a lot more Manhattan space. Announced this week, Orchard is upgrading from the 7,000 square foot office space at 101 Fifth Avenue, to a 26,242 square foot space by taking over two floors of 386… Read More

June 22, 2016 @ 9:02 am By JD Alois  |  

Orchard, the company that channels institutional money into online lending platforms, has updated their Lendscape infographic once again. Orchard does a pretty good job of providing a “broad narrative” of industry progression. Even in the chopper waters of a anemic economy, platforms are continuing to enter… Read More

June 13, 2016 @ 9:22 am By JD Alois  |  

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

May 29, 2016 @ 7:44 pm By JD Alois  |  

Shares in Lending Club (NYSE:LC) jumped last week as chatter popped up in a report in WSJ.com that Citigroup may be purchasing, or perhaps providing financing, for their loans.  This is the second round of positive news as it was recently revealed that Chinese billionaire Tianqiao… Read More

April 12, 2016 @ 10:37 am By David Snitkof  |  

  If you walk into any Whole Foods Market, you’ll see a stunning variety of produce — fruits and vegetables, meats and fish, bread and cheese — meticulously arranged, designed to inspire your appetite with their bounty. Look closely, and you’ll notice that some of… Read More

April 4, 2016 @ 2:15 pm By JD Alois  |  

Orchard Platform connects most of the established marketplace lending platforms to institutional investors via their virtual data pipes.  The company is at the epicenter of the online lending industry and recently held a gathering of many well-known lenders this past March. During their inaugural partner… Read More

March 15, 2016 @ 11:06 am By JD Alois  |  

Orchard Platform is holding a marketplace lending industry gathering today in New York City. The event is designed to help the industry scale and desires to be a positive catalyst in the evolution of online lending. Best practices, knowledge sharing and regulatory risk are key… Read More