Newsletter Sent On: 07/11/2019

COJs Still Being Filed As Clock on Signature Ticks Read more

How IOU Financial Worked its Way Out of ’08
Born from a chance meeting between Gloer and his business partner, Philippe Marleau, at Finovate in 2008, the two men combined their businesses to form IOU, Marleau bringing the tech support and Gloer providing the operations team. Beginning this venture together just before the economic collapse of ’08, the early days of IOU were rough, and it took them a year of operating before even making their first loan. Read more

OnDeck Canada, Credit Union Announce Partnership
Today sees the partnership of OnDeck Canada and Coast Capital Savings, the first collaboration of its kind in Canada, being between an online lending company and a federal credit union. Read more

Peer-to-Peer Lending's Global Struggle
New rules were introduced to peer-to-peer lending in Britain this month with the introduction of Policy Statement 19/14 by the government. The document heralds in a number of new processes that will b... Read more

New York Attorney General Turns Up The Heat On Tether, Bitfinex
Bitcoin is back over $12,500 but a growing chorus within the crypto faithful are pointing to a potential catastrophic event that could change the crypto markets forever. It's the potential implosion of Tether. Read more

Reliant Funding Announces Gianna Ravenscroft as General Counsel
Ravenscroft comes to Reliant Funding with more than 15 years' experience practicing exclusively in the areas of banking and finance law. Read more

Merchant Advance Capital Rebrands to Merchant Growth
Merchant Advance Capital, which trumpets itself as Canada’s fastest and most transparent small business financier, is rebranding as Merchant Growth. The company has offices in Vancouver, BC and To... Read more

Making it Work: CanaCap and the Case for Canada
What leads an alternative financer to establish their own business in Canada? For Evan Marmott and his partner Adam Benaroch, it was the level of opportunity that the country offered in comparison to ... Read more

Forgiving the Unforgivable: Democrats Propose Wide Range of Solutions for Student Debt
To forgive or not to forgive? That is the question as Democratic presidential candidate hopefuls line up to state whether or not they are still repaying their student loans (and if this repayment reac... Read more

Funding Circle has sneezed, will the alternative lending industry catch a cold?
Via: AltFi Read more

Ten Years of Investing in Marketplace Lending
Peter Renton reflects on a decade of experience Read more

Only 2 Weeks Left Until deBanked CONNECT Toronto
Register now before time runs out Read more

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

Ascentium Capital Reports 26% Growth Quarter-Over-Quarter in Funded Volume
Ascentium Capital LLC yesterday reported $394.6 million in funded volume during the second quarter, representing a 26.0% increase quarter-over-quarter and the management of $2.3 billion in assets. Read more

A deBanked event is coming to Canada on July 25, 2019

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