Log In  |Register |  Welcome to MPL

  • 24 October 2016

Scaling up

Friday 14 October 2016 11:48 London/ 06.48 New York/ 19.48 Tokyo

Funding Circle and Zopa intend to tap the securitisation market on a regular basis. Both platforms recently discussed their experiences issuing ABS at Lendit.

What's in a name?

Friday 7 October 2016 13:38 London/ 08.38 New York/ 21.38 Tokyo

Ongoing debate about whether marketplace loans are whole loans or securities is holding the sector back - particularly in terms of securitisation activity

Bank partnership model boosted

Tuesday 27 September 2016 14:28 London/ 09.28 New York/ 22.28 Tokyo

New ruling is at odds with Madden vs Midland and CFPB vs Cashcall - also has implications for the "true lender" debate.

Secondary education

Monday 29 August 2016 17:38 London/ 12.38 New York/ 01.38 (+ 1 day) Tokyo

More regular securitisation issuance and a liquid secondary market could be vital for the stability of marketplace lending.

Investor retreat

Thursday 25 August 2016 14:19 London/ 09.19 New York/ 22.19 Tokyo

UK market as exposed to ups and downs of investor sentiment as the US

Guidance may hold-up lenders

Friday 12 August 2016 04:19 London/ 23.19 (- 1 day) New York/ 12.19 Tokyo

Proposed guidance from the FDIC raises the bar again for lenders using third parties - negative impact possible.

Latest News

US MPL Loan Data

Last Updated Date: 5th July 2016

US PlatformTotal OriginatedAVG RoRAve Int. Rate
Lending Club$19bn+5.23%-9.11%7.71%-23.63%
SoFi$10bn+n/a *n/a *
Prosper$6bn+4.38%- 11.13%n/a *
Ondeck$4bn+n/a *n/a *
Avant$3bn+9.3% - 79.9%n/a *

UK MPL Loan Data

Last Updated Date: 5th July 2016

UK PlatformTotal OriginatedAVG RoRAve Int. Rate
Funding Circle£1.3bn+7.30%6%-18.1%

* Data is not publically available.