Friday, March 24, 2017

Honeymoon's Over for Peer-to-Peer Lending - Bloomberg Gadfly

Honeymoon's Over for Peer-to-Peer Lending - Bloomberg Gadfly



...many larger financial institutions are trying to break into the computerized lending business. For example, SunTrust Bank has its LightStream platform and Goldman Sachs recently launched its Marcus online consumer lending system.



These larger financial firms have the upper hand at this point. ...


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