Weekly Industry Update: Securitization Tracker 1Q2017 Preview

By April 3, 2017Blog

Several new investments and partnerships were announced last week. A leading China FinTech firm and wealth manager, CreditEase unveiled plans to invest $30 Mn in loans originated from OnDeck and LendingHome.

Capital markets are re-opening to non-bank lenders. Elevate Credit, a non-prime consumer online lending platform, is expected to raise approximately $100 Mn with an IPO expected to price this week.

Stay tuned this coming week as we release our 1Q2017 Securitization Tracker, covering issuance trends, regulatory developments, and our market insights and outlook.

Conferences:

PeerIQ in the News:

Industry Update:

  • Maturing P2P Market Disrupted by Role of Banks (Global Capital, 3/30/17) Zopa’s introduction of its bank is part of a larger trend of online lending platforms shifting from a reliance on individual lenders to increasing use of institutional capital and now capital markets funding.  
  • Buyers of Auto Bonds Pushing Back (AB Alert, 3/31/17) Despite signs of weakening asset performance, prices of bonds backed by subprime auto loans and auto leases have remained high.

Lighter Fare: