Newsletter Sent On: 09/29/2017

ISOs Alleged to Be Partners in Scheme to Hurt Funders Read more

Funders and Lenders Relying More on Brokers
The latest quarterly survey conducted by Bryant Park Capital and deBanked showed some interesting results Read more

Confidence in the MCA and Business Lending Industry Ticks Up
Confidence has risen from its lows, according to the latest Bryant Park Capital and deBanked industry survey Read more

How LendingTree and SnapCap Crossed Paths
There had to be a story behind how a publicly traded company connected with a relatively small company based in Charleston, SC. Here's how it went down Read more

SEC Chair: Fintechs March to Their Own Rules
Read the story on American Banker Read more

Funding Circle's Revenue is Up 59% But is Still Recording Major Losses
Read the story on Business Insider Read more

deBanked to Attend a FundKite ISO Event
A New York-based MCA Company is hosting a special day with the New York Jets Read more

Ranger Direct Lending Blames Princeton Fund For Woes
The latest report from a UK-listed fund that backs MCA companies and business lenders says it is still dealing with an issue that started with Argon Credit Read more

Morgan Stanley CEO Says Bitcoin Not a Fad
The comments come after JPMorgan's CEO said that Bitcoin was for stupid people. Read the story on Bloomberg. Read more

SoFi's CTO Steps Down
This is perhaps less a big deal than it looks because the CTO was the wife of the CEO that got embroiled in a scandal and was forced to resign. The story on Reuters Read more

Equifax's CEO Has Resigned
But really... is this a surprise after the hack? The story is on CNN Read more

Scott Cornelis Joins Enova as Treasurer
The former banker was previously working at an online lender Read more

Get Certified in MCA Basics
Make sure you know how MCAs really work before you sell them Read more

OCC Head's Remarks on Online Lending
This is the full 9-page transcript for those of you who like detail Read more

deBanked® Tracker as of September 29, 2017

NamePriceYTDYTD %
China Rapid Finance6.57+9.50%
Lending Club6.11+16.38%
IOU Financial0.180-35.71%
NamePriceYTDYTD %
Ranger Direct Lending807.38-18.03%
P2P Global Investments805.00+2.47%
FC Income Fund105.35+4.31%
VPC Specialty Lending78.85+0.13%
NamePriceYTDYTD %
NASDAQ Bank Index3925.41+1.89%
S&P 5002515.96+12.38%
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