“Question: the line between 3rd-party lending relationships”
Promoting a transparent, efficient and customer-friendly financial system by:
“Question: the line between 3rd-party lending relationships”
“Question – credit score competition act & the benefits of technology”
Richard Neiman – Lending Club
Conor French – Funding Circle
Julie Hwang – Prosper Marketplace
Frank Borchert – Marlette Funding
Campbell Gibson – Avant
Alison Nicoll – Upstart Network
Manny Alvarez – Affirm
Rob Lavet – Social Finance (SoFi)
Feels like we’re going to see a bifurcation in the market among venture investors. Pure play (small funds, thesis driven, focused on the early stage). And multi-asset class firms (early + growth, credit and public market). Lines between them and Tiger/KKR/Blackstone get blurred.
Our financial regulatory system is not fit for the digital transformation that’s coming — @DavisPolkReg Meg Tahyar @OFRgov @MichiganCFLP #finreg #systemicrisk conference.
The Madden decision is bad. There is evidence it has restricted access to credit and INCREASED the rate of bankruptcy. It can be fixed. #fintech #finreg
https://t.co/tGhT5vx89R
Lesson here. As I argued in a Report for my previous engagement, secondary market for loans matched/made on P2P platforms is the next stage of reg. facilitation. https://t.co/p6yYf96iKH
