Tagged: ram ahluwalia

January 31, 2024 @ 7:05 pm By JD Alois  |  

Ram Ahluwalia, founder of PeerIQ (sold) and now founder of Lumida, has slammed Chairman Gary Gensler, claiming the damage he has done to the Securities and Exchange Commission (SEC) is significant. Ahluwalia references an article that quoted former SEC Commissioner Michael Piwowar. In the article… Read More

December 29, 2023 @ 9:05 am By JD Alois  |  

Barry Silbert, the founder of Grayscale, which is part of the Digital Currency Group (DCG), has resigned from his position as a board member of Grayscale. Grayscale is the sponsor of the Grayscale Bitcoin Trust (OTC:GBTC), an OTC markets traded vehicle that allows investors to… Read More

July 4, 2023 @ 1:08 pm By JD Alois  |  

The ongoing battler between the Digital Currency Group (DCG) and Gemini has ratcheted up as Cameron Winklevoss has sent a demand letter to DCG and founder Barry Silbert. To take a step back, Gemini had utilized the services of DCG subsidiary Genesis for its yield… Read More

May 30, 2023 @ 11:47 am By JD Alois  |  

Recently, Ram Ahluwalia wrote an Op-Ed for American Banker that posed a somewhat controversial take on banking. Ahluwalia said outdated banking rules are denying access to Big Tech firms, like Apple and Amazon, who could enter the banking sector and bring loads of capital as… Read More

March 9, 2023 @ 11:39 am By JD Alois  |  

Like the day is followed by night, we can count on politicians piling on a debacle when they can craft a sound bite that fits their desired narrative. As was reported yesterday, Silvergate Capital Corporation (NYSE:SI) has decided to wind down its operations following the collapse… Read More

January 31, 2023 @ 6:03 pm By JD Alois  |  

“The business model Celsius advertised and sold to its customers was not the business that Celsius actually operated.” – Court Document, Filed January 31, 2023 Celsius, one of the first big crypto firms to fail and file for bankruptcy protection, continues to meander its way… Read More

January 10, 2023 @ 5:57 pm By JD Alois  |  

Cameron Winklevoss, co-founder of the Gemini, has taken to Twitter once again to take Digital Currency Group (DCG) to task in regards to their relationship with DCG subsidiary Genesis. Last week, Winklevoss posted a letter on Twitter criticizing founder Barry Silbert and his DCG, hammering… Read More

January 6, 2023 @ 9:55 am By JD Alois  |  

The drums are pounding for institutional crypto trading firm Genesis and its parent company Digital Currency Group (DGC). Genesis halted redemptions in November following “abnormal withdrawal requests which have exceeded our current liquidity.” This event has impacted the crypto trading platform Gemini as it utilized… Read More

January 3, 2023 @ 11:59 am By JD Alois  |  

Crypto firm Gemini has posted an open letter criticizing Barry Silbert and his company Digital Currency Group (DCG). In November, following the collapse of FTX, Genesis – a subsidiary of DCG – halted redemptions. Gemini had utilized the Genesis lending platform for its Earn program… Read More

December 5, 2022 @ 2:49 pm By JD Alois  |  

The failure of FTX and the allegations of fraud pointed at founder and former CEO Sam Bankman-Fried continue to garner much coverage in both traditional media as well as more modern digital news providers. The speed of the collapse, and the amount of funds involved… Read More

June 23, 2021 @ 12:07 pm By JD Alois  |  

Cross River Bank has acquired PeerIQ, the leading data and analytics provider for the online lending industry. According to a release, Synthetic P2P Holdings Corporation (dba PeerIQ) was acquired during Q1 of 2021 for an undisclosed amount. Cross River Bank has emerged as the top… Read More

May 9, 2021 @ 7:46 pm By Omar Faridi  |  

Ram Ahluwalia, CFA, Founder of PeerIQ and careful observer of the Fintech, Crypto, markets, and startups space, has posed what he claims to be “a $100 billion question” for Coinbase. So here’s the $100 Bn question for Coinbase…If digital currency ETFs are inevitable, consumers will… Read More

October 10, 2018 @ 1:00 pm By JD Alois  |  

PeerIQ is out with their Q3 securitization tracker for online lending and the report is quite strong. According to PeerIQ, domestic economic growth is solid and the US consumer is healthy. Marketplace lending securitizations totaled $3.5 billion this quarter representing the 5th highest level ever… Read More

August 14, 2018 @ 10:03 am By JD Alois  |  

At the end of July, the US Department of Treasury published a wide-sweeping document on Fintech innovation in the US and what must be done to boost innovation in financial services. While much of the document addressed much needed regulatory reform and overlapping state and… Read More

April 19, 2018 @ 5:12 pm By JD Alois  |  

PeerIQ has just published their quarterly marketplace lending securitization tracker. The periodic report gauges activity in the online lending sector providing an interesting barometer of industry sentiment and investor activity. The most recent report stated that PeerIQ has observed an “unprecedented 21 months of non-stop… Read More

February 28, 2018 @ 3:22 pm By Samantha Hurst  |  

PeerIQ, a leading data and analytics platform operating in the online lending sector, recently announced it was launching a consumer credit suite, which is a fully integrated data and analytics enhancement available through the PeerIQ Analytics platform. The new suite is notably the result of… Read More

February 18, 2018 @ 2:49 pm By JD Alois  |  

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

January 18, 2018 @ 9:40 pm By JD Alois  |  

  There are several people in the online lending industry, inclusive of marketplace and balance sheet lending, that truly know just about everything going on in this evolving sector of finance. Ram Ahluwalia, CEO and co-founder of PeerIQ is one of these persons. His company… Read More

October 30, 2017 @ 9:48 am By JD Alois  |  

PeerIQ, a leading provider of loan-level analytics that is big into the alternative finance space, has partnered with  Mosaic on a $307 million loan securitization. Mosaic is a leader in the solar financing sector. Launching as a peer to peer lender, Mosaic has shifted into… Read More

October 9, 2017 @ 2:00 am By JD Alois  |  

PeerIQ, a deep data platform that bridges lenders and the capital markets, periodically publishes a report that provides a unique view into the alternative lending sector. The company is out with their Q3 report that delivers a point in history perspective on online lending. Ram Ahluwalia,… Read More