The peer-to-peer lending industry is revolutionizing the way people borrow and the ways they invest. Delivering the closing keynote address at LendIt USA 2015, Ron Suber, president of Prosper Marketplace, which recently crossed $3 billion in personal loan originations through its platform, examines the tremendous growth of the P2P industry, where the industry is today, the growing role of traditional banks and institutional traders, and the challenges and opportunities of tomorrow. He discusses the four phases of innovation, the three common goals of P2P industry players, and what they need to do collectively to make their platforms and technologies mainstream. View the slides here.
Related article: "P2P Lending: Coming to a Platform Near You?"
Source: LendIt USA 2015
Categories: Fintech / Crypto, Fixed Income, Regulatory
Topics: Compliance, Economy/Economic Policy, Fixed Income, Liquidity management, Market structure: Exchanges, ATSs, ECNs, Other, Regulations, Trading technology infrastructure, Trading volumes