Newsletter Sent On: 08/01/2017

Small Businesses Told Us How They Wanted Loans to be Marketed Read more

Lendio Surpasses $500M in Originations
The vast majority was over the last two years Read more

Merchant Loses Usury Challenge in Texas
Online lender wins motions to dismiss in federal court Read more

What's At Stake in The SoFi Charter Controversy
Slides from American Banker Read more

Goldman Sachs Has Another New Online Lender
New program will target the 'mass affluent' Read more

States/OCC Still Fighting Over Fintech Charter
Court overseeing lawsuit nitpicks OCC's papers Read more

Banker Convicted of Making Loans to a Biz Behind on Taxes
The government wasn't fond of the bank getting paid instead of them Read more

Need Leads, an Accountant or Attorney this Summer?
Links to sources familiar with the industry Read more

OCC Defers to Congress to Overturn CFPB Arbitration Rule
The CFPB outlawed arbitration clauses in consumer lending contracts Read more

Kiva Has Surpassed $1B in Loans
Forbes: Kiva has a 97% repayment rate Read more

Call To Fire CFPB Director Ramps Up
If he's quitting to run for governor, does it matter? Read more

Prosper to Shut Down Prosper Daily App
Suggests they download the Clarity Money app to replace it Read more

deBanked® Tracker as of August 01, 2017

NamePriceYTDYTD %
China Rapid Finance7.00+16.67%
Lending Club5.07-3.43%
IOU Financial0.200-28.57%
NamePriceYTDYTD %
P2P Global Investments884.50+12.59%
Ranger Direct Lending811.29-17.64%
FC Income Fund104.68+3.64%
VPC Specialty Lending80.50+2.22%
NamePriceYTDYTD %
NASDAQ Bank Index3733.17-3.10%
S&P 5002470.30+10.34%
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