RiverNorth started its Marketplace Lending Fund (RMPLX) in September 2016 as an interval closed-end fund. This means that shares are not bought or sold on any secondary market. For this reason, and because I found plenty of loans I liked for my own account, I have mostly watched this fund from a distance. However….. RiverNorth … Read more Should You Buy the RiverNorth Marketplace Lending Fund?
My new service sorts and organizes your crypto news Twitter, Facebook, Signal, Telegram, Discord, Reddit, Hacker News, Project White Papers & Case Studies, Industry Websites, PR firms These are all sources of fintech and crypto information, yet I’m sure you’d agree that getting good, actionable fintech information is hard to do. Getting good, honest, actionable … Read more Announcing My New Crypto Newsletter
Last week, I wrote about how the Industrial Bank Loan Charter or ILC impacts fintech now and could going forward. Some of the advantages include a federal charter, the ability to accept deposits and a known path of regulation to navigate. But it’s not all rainbows and unicorns. There are downsides to the ILC Charter. … Read more 4 Reasons the ILC May Not Be the Best Charter for Fintech
Marketplace lending is more transparent than other areas of finance and many of us are in the industry are pleased that this trait continues as the industry matures. Yet, there are still issues with when and where to get timely information on what’s going on. Good decisions come from good information. For instance, Lending Club … Read more My 5 Favorite Marketplace Lending News Sources
Seriously. I’m asking. Is p2plending dying? Returns have sucked the last couple of years for all investors, but especially us retail investors since the 2015 and 2016 vintages have performed so poorly. My own returns are 400-500 basis points lower than my returns on my 2013 and 2014 vintage loans were and I know some … Read more Is P2PLending Dying?
How much should I invest in peer to peer lending? I get this question every week and like many investment related questions, the answer is it depends. Remember, everyone’s financial situation is different and I’m not a financial advisor….. While the real answer is it depends, there are some things you should look for when … Read more How Much Should I Invest in Peer to Peer Lending?
One of my favorite posts to write each year is my late March Anniversary post. This year marks 5 years since I started this blog and I can’t believe it. Starting from nothing and now I write on finance and fintech issues on a full-time basis. It’s fantastic and thank you so much. Previous Anniversaries … Read more My 5 Year Anniversary
When I wrote my book on P2P Lending for the retail investor, P2P Investing 101 (the paperback version here), that came out in November, there were only 7 options for retail investors. Those options were Lending Club and Prosper, as well as 5 options that take advantage of the adjustment to SEC Regulation A known … Read more New Retail P2P Investment: The Worthy Bond
The year in fintech had 2 dominant themes. It was an amazing year of growth, innovation, adoption, and acceptance for fintech all across the world. Big Theme #1: Bitcoin 2016 was the year where the world discovered Blockchain technology, the technology underpinning Bitcoin. Investments and potential uses for the new technology went rampant in 2016 … Read more The 2 Big Themes of 2017 in Fintech
Unlike EthLend, which is lending agnostic, Wish Finance is specifically for lending to small and medium-sized businesses, otherwise known as the SME market. Wish is based in Singapore. The white paper explaining their program is found right here: Wish Finance White Paper. Wish also has a separate pdf file giving an overview of their business. … Read more Wish Finance: Blockchain SME Lending