Articles by Srividya Kalyanaraman

rss feed

Visit Srividya Kalyanaraman's Website

It’s Here: Artificial Intelligence Changes MCA Broker’s Business, Improves Bank Underwriting and Debt Collection

November 22, 2016

In this age of man versus the machine, the case for artificial intelligence and machine learning does not need many vociferous advocates. Some predict that revenues from fintech startups using AI and predictive models is set to jump by 960 percent or to $17 billion by 2021. We might be closer to that number than […]

Funders Prep for the Holiday Rush

November 1, 2016

As the year draws to a close sending everyone into a dizzying holiday frenzy, funders are prepared to fire on all cylinders to fuel their retail customers with cash. The last quarter is crunch time for funders alike, who start preparing months in advance — designing  new products, marketing and selling them. deBanked spoke to […]

Remember When? Funders Talk About Their First Deals

October 14, 2016

For funders, their first deal can be significant in establishing client relations, kicking off a corpus and setting priorities for credit policies and as we found out, teach them valuable lessons.

Dear Funders: Don’t Dial ‘M’ for Marketing

October 7, 2016

Gone should be the days where funders indiscriminately send out email blasts or cold call merchants offering loans. But are they?

Entire Industries Still Unbankable Despite Big Data Boom

September 28, 2016


The use of data and technology for assessing risk shows promise for new borrowers, safer bets and fewer delinquencies. Big data has been credited for overhauling traditional lending models and ushering in a new crop of lenders that do not shy away from risky businesses and low credit scores. But has it been successful in […]

Funding The Great White North

September 13, 2016


As of last year, 98 percent of Canada’s employers were small businesses compared to 0.3 percent (2,933) large companies. Given this and what we know about Canada’s banking oligarchy, dominated by five large banks, it was inevitable that American alternative lenders would go looking for greener pastures in Canada. When OnDeck set foot in the […]

Does SoFi Want $500 Million for Global Expansion?

September 8, 2016

Mike Cagney SoFi CEO

The San Francisco-based lender is in talks with investors and maybe just weeks away from finalizing the deal.

Caution! Politics Ahead: Amazon Breaks Student Loan Ties With Wells Fargo

September 7, 2016

Student Cash Advance

The partnership was an one up for private student lending especially against growing private entrants like SoFi and Commonbond. What it being undone, what’s next?

Alleged Illegal Student Loan Practices Cost Wells Fargo $4 Million

August 23, 2016

Wells Fargo

The bank also misled borrowers on partial payments, increasing in the cost of the loan.

Goldman Sachs Unveils Online Lending Venture, Marcus

August 22, 2016

The investment bank named its soon-to-launched online consumer lending venture ‘Marcus’ after its German founder.

Can Technology Be More Than Automation?

August 19, 2016

digital humans

We were curious to discover how small business lenders use technology in their companies, what processes are automated and which side of the man vs machine debate they fall on.

Avant Loses 30% of its Staff, Including CEO’s Wife; Here’s Why You Don’t Have to Worry

August 17, 2016


The Chicago-based subprime lender has had a spate of troubles recently, jeopardizing investor confidence in the company.

Bizfi Originates $144 Million in Q2; CAN Capital, Entrepreneur Media Launch Funding Center

August 16, 2016

Bizfi originates $144 million in funding on its platform, CAN Capital offers loans through new portal with Entrepreneur Media.

Lend Us An Ear: Women in the Industry Speak Their Mind

August 11, 2016

deBanked spoke to three women about their journey to the top and what keeps them there. Here are the excerpts.

OnDeck Hires Capital One Exec to Head Products

August 11, 2016

Kanjila joined Capital One in 2001 as program manager in the credit card collections department. Since then, he has built and ran the digital product for financial services, auto finance and home loans divisions.

How Lendio Reached $250 Million in Funded Transactions On Its Platform. Hint: Partnerships

August 5, 2016


The company also joined hands with digital marketing firm Townsquare Media in cross-promoting products and services and marketing Lendio’s platform

Marlette Closes Proprietary Securitization Deal Worth $205 Million

August 3, 2016

In July, Marlette securitized personal loan bonds worth $180 million in Single A notes rated by Kroll Rating Agency.

Hold The Loans Or “Marketplace”? It Depends

August 1, 2016

hold the loans? or sell them?

In recent times, thanks to investor jitteriness and a tight credit market, online consumer lenders like Affirm and Prosper have either held loans on their balance sheet or have rumored to have set up funds to buy their loans.

Non-prime Lender Elevate Expands Credit Facility to $545 Million

July 26, 2016

money exchange

Elevate lends to non-prime borrowers with products like ‘Rise,’ an unsecured personal loan and ‘Elastic,’ a bank-issued line of credit in the US and ‘Sunny,’ a short-term loan product in the UK.

National Funding Deploys $1.5B, Beefs up Automated Underwriting

July 26, 2016

National Funding generates 25 percent of loan volume through broker deals but is pushing more towards holding their loans.