Fintech

New RealtyMogul CIO Praises the Company’s Avoidance of Land, Hotel and Development Investments

January 23, 2018
Article by:

Chris Fraley RealtyMogul

Los Angeles’ RealtyMogul promoted Chris Fraley from interim chief investment officer to permanent CIO, earlier this month. After the announcement, Fraley told commercial real estate publication, Bisnow, that the company’s “fairly conservative approach” has put it in an optimal position at this point in the current real estate cycle. “There is certainly a feeling that […]

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Drift Capital Partners Credit Facility Shows Confidence in Fintech

January 20, 2018
Article by:

stocks up

Drift Capital Partners, LLC, an alternative asset management company, announced a new $50 million credit facility earlier this month. The funds will be used to “expand its portfolio of structured credit solutions to FinTech enabled Non-Bank Financial Services companies and allow them the opportunity to increase lending to ‘main street’ businesses,” a company release said. […]

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Will 2018 Be a Special Year?

December 29, 2017
Article by:

2018

2018 is going to be different, in a good way. That’s word on the street in the alternative finance industry, many of whom have told me that it’s just something they feel. I feel it too. The S&P 500 is at an all-time high, Bitcoin is up more than 1,400% for the year, lenders are […]

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Technology Drives Changes in CRE Lending Space

December 21, 2017
Article by:

commercial space

This story appeared in deBanked’s Nov/Dec 2017 magazine issue. To receive copies in print, SUBSCRIBE FREE Online technology, which paved new paths for consumer and small business lending, is making similar inroads with the commercial real estate industry. Over the last few years, several online marketplaces have been established to try and match commercial real […]

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Startups, Big Financial Institutions Play Nice in the Sandbox

December 20, 2017
Article by:

Sandbox

This story appeared in deBanked’s Nov/Dec 2017 magazine issue. To receive copies in print, SUBSCRIBE FREE Data is the lifeblood of financial technology and more established companies frequently supply data to fintech startups for free as part of their growth model. A Boston business incubator is basing its operations on that dynamic. FinTech Sandbox, a […]

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Hard Work, Big Success – The True Story of an MCA Broker

December 15, 2017
Article by:

lerrydore-cresthill

Sales is a tough field for anyone to break into even if they come from the most ideal of circumstances. At some point, the rubber meets the road for every MCA broker, at which time they must decide whether they’ve got what it takes to make it in this business. Lerry Dore, Cresthill Capital This […]

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C-level Credit Exec Leaves Lending Club for Affirm

September 21, 2017
Article by:

business team

Lending Club’s Chief Credit Officer and Interim General Manager, Sandeep Bhandari, has joined fintech lender Affirm, according to Affirm CEO Max Levchin. Levchin posted the following on LinkedIn: I am excited to announce and welcome Sandeep Bhandari to Affirm, Inc. as Chief Strategy and Risk Officer (CSRO). Sandeep joins us from Lending Club where he […]

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Where Alternative Finance Ranks on the Inc 5000 List

September 14, 2017
Article by:

rankings

Here’s where your peers rank on the Inc 5000 list for 2017: Ranking Company Name Growth Revenue Type 15 Forward Financing 12,893.16% $28.3M MCA 47 Avant 6,332.56% $437.9M Online Consumer Lender 219 OppLoans 1,970.22% $27.9M Online Consumer Lender 260 US Business Funding 1,657.42% $5.8M Business Lender 361 nCino 1,217.53% $2.4M Software 449 Kabbage 979.31% $171.8M […]

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The State of The Industry (In Memes)

September 2, 2017
Article by:

ISOs vs Direct Sales

The state of things in MCA, online lending, and fintech through the disloyal boyfriend meme: SEE MANY MORE DEBANKED MEMES The History of Alternative Finance (As Told Through Memes) Ready to Trade ONDK and LC? Scroll to the bottom of the page 10 Clues You’re Hardcore About Merchant Cash Advance

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As Summer Winds Down, Square, Bitcoin, Yirendai Big Winners of the Year So Far

August 30, 2017
Article by:

summer is over

Yirendai, an online lender in China listed on the NYSE, is up 92% this year, according to the deBanked Tracker. China is reported to be the largest marketplace lending market in the world. Yirendai went public in December 2015 at the peak of the online lending bubble and the stock price has tripled since then. […]

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