P2P Lending - FinTecBuzz

Cloudvirga Wins Best Rate Referrals Award for Best Technology at 2019 Power Originator Awards

April 18, 20195 min

Cloudvirga announced today that it has been selected as the winner for the Best Rate Referrals Award for Best Technology at the inaugural Power Originator Summit organized by Mortgage Professional America (MPA). MPA is the mortgage and finance industry’s most trusted source of news, opinion and analysis, with more than 100,000 readers and subscribers who voted to select finalists in four categories. Winners were chosen for their exemplary services, high performance and industry best practices....

by FTB News Desk

P2P Lending

AI Foundry and Ellie Mae use AI for speedy lending

February 26, 20193 min

The partnership between AI Foundry and Ellie Mae is the latest sign of how digital transformation is sweeping through the mortgage industry, reports David Penn at Finovate.

by FTB News Desk

P2P Lending

ClearStructure Financial Technology Named Best Portfolio Management System at the Alt Credit US Provider Awards

February 23, 20194 min

ClearStructure Financial Technology, a leading provider of award-winning portfolio-management solutions used by investment firms including hedge funds, traditional asset managers, private equity, private debt, administrators, and CLO managers, today announced that it has been recognized as the “Best Portfolio Management System.” This award was granted at the Alt Credit US Services Awards 2019 for the third year in a row. ClearStructure Financial Technology’s Sentry PM offers unsurpassed scope in web-based, front-to-back office, multi-asset, multi-currency solutions....

by FTB News Desk

P2P Lending

SoLo Funds Announces New Los Angeles Headquarters, Appoints Chief Product Officer

January 23, 20197 min

Former Tala Co-Founder and CPO Jon Blackwell joins fastest growing lending startup

by FTB News Desk

P2P Lending P2P Lending – Consumer

LendingTree, Inc. Completes Acquisition of ValuePenguin

January 16, 20198 min

LendingTree, Inc. (NASDAQ: TREE) announced today that its wholly-owned subsidiary, LendingTree, LLC, has completed the previously announced acquisition of Value Holding Inc., the parent company of ValuePenguin Inc., a personal finance website that offers consumers objective analysis on a variety of financial topics from insurance to credit cards. Under the terms of the purchase agreement, Value Holding was acquired for a total consideration of $105 million, which was funded by borrowing $90 million under the Company’s Revolving Credit Facility...

by FTB News Desk

P2P Lending – Consumer

LexinFintech Holdings Ltd. Expects Limited Impact from P2P Regulations and Raises Loan Origination Guidance

December 12, 201810 min

Institutional funding is at 70% of total new loan funding

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