Crypto has disrupted the fintech world and is now a mainstream investment option. But a goldrush into all thing crypto has also given birth to a lot of fly-by-night operators. Many companies have vanished by siphoning off investor money through Ponzi schemes or sometimes direct outright fraud. Due to lax regulation, Crypto is currently the finance world’s wild west.  A very interesting case, (please find supporting court documents attached) is that of Hugh and Brandon Austin. They are the principals of Florida based Valkyrie Group, which along with Wells Fargo entered into a private deed ..read more

Ever since the concept of alternative lending took hold in 2013, proponents have made substantive claims of what alternative data could achieve by bringing disadvantaged consumers into the lending economy. At the time, however, traditional models such as FICO and Vantage were the status quo. While recent versions of these scoring models now incorporate alternative data and provide some insight into consumers without complete credit files, acquiring this data has remained a challenge both for lenders and the credit bureaus. Today, an estimated 45 to 60 million consumers lack the credit history ..read more

Any entrepreneur will tell you, starting a small business is not for the faint of heart. It takes vision, grit, determination, dedication, an overwhelming willingness to fight to the end, the will to overcome hurdles you never could have anticipated. But the result, for those with enough heart to see it through, can be massively rewarding. It takes a certain, special type of work ethic to start something from scratch, to build something from the ground up. Many have ideas, but few can execute to fruition. Perhaps that’s why so many veterans transition from the military to business owners. All ..read more

Crypto has disrupted the fintech world and is now a mainstream investment option. But a goldrush into all thing crypto has also given birth to a lot of fly-by-night operators. Many companies have vanished by siphoning off investor money through Ponzi schemes or sometimes direct outright fraud. Due to lax regulation, Crypto is currently the finance world’s wild west.  A very interesting case, (please find supporting court documents attached) is that of Hugh and Brandon Austin. They are the principals of Florida based Valkyrie Group, which along with Wells Fargo entered into a private deed ..read more

Ever since the concept of alternative lending took hold in 2013, proponents have made substantive claims of what alternative data could achieve by bringing disadvantaged consumers into the lending economy. At the time, however, traditional models such as FICO and Vantage were the status quo. While recent versions of these scoring models now incorporate alternative data and provide some insight into consumers without complete credit files, acquiring this data has remained a challenge both for lenders and the credit bureaus. Today, an estimated 45 to 60 million consumers lack the credit history ..read more

Any entrepreneur will tell you, starting a small business is not for the faint of heart. It takes vision, grit, determination, dedication, an overwhelming willingness to fight to the end, the will to overcome hurdles you never could have anticipated. But the result, for those with enough heart to see it through, can be massively rewarding. It takes a certain, special type of work ethic to start something from scratch, to build something from the ground up. Many have ideas, but few can execute to fruition. Perhaps that’s why so many veterans transition from the military to business owners. All ..read more

News Comments Today’s main news: SoFi gets BitLicense in New York. Funding Circle unveils 250M GBP securitization of SME loans. Zopa raises 1.4M GBP. RateSetter to close family finance product. RMBS gears up for securitization windfall. Reserve Bank of India raises P2P lending limit by 5x. Today’s main analysis: Prosper performance update – October 2019. International P2P lending volumes. Today’s thought-provoking articles: FT Partners alternative lending market analysis. Upstart’s artificial intelligence for underwriting. Kabbage examines small business revenue growth in H1 2019. Inter ..read more

Ever since the concept of alternative lending took hold in 2013, proponents have made substantive claims of what alternative data could achieve by bringing disadvantaged consumers into the lending economy. At the time, however, traditional models such as FICO and Vantage were the status quo. While recent versions of these scoring models now incorporate alternative data and provide some insight into consumers without complete credit files, acquiring this data has remained a challenge both for lenders and the credit bureaus. Today, an estimated 45 to 60 million consumers lack the credit ..read more

Any entrepreneur will tell you, starting a small business is not for the faint of heart. It takes vision, grit, determination, dedication, an overwhelming willingness to fight to the end, the will to overcome hurdles you never could have anticipated. But the result, for those with enough heart to see it through, can be massively rewarding. It takes a certain, special type of work ethic to start something from scratch, to build something from the ground up. Many have ideas, but few can execute to fruition. Perhaps that’s why so many veterans transition from the military to business owners ..read more

News Comments Today’s main news: SoFi gets BitLicense in New York. Funding Circle unveils 250M GBP securitization of SME loans. Zopa raises 1.4M GBP. RateSetter to close family finance product. RMBS gears up for securitization windfall. Reserve Bank of India raises P2P lending limit by 5x. Today’s main analysis: Prosper performance update – October 2019. International P2P lending volumes. Today’s thought-provoking articles: FT Partners alternative lending market analysis. Upstart’s artificial intelligence for underwriting. Kabbage examines small business revenue growth in H1 2019. Int ..read more