Cross River Intelligence Archives

The ABS market finished January on a high note with strong buyer interest. SoFi and Mosaic priced their first and inaugural transactions respectively in 2017, which were both heavily oversubscribed. FinTech financings continue apace. Nyca announced the successful closing of a $125 Mn fund. Ford made investments within the auto lending space. Ant Financial announced an $880 Mn acquisit ...

This week’s news centered around the presidential Inauguration. As one of the final acts of the Obama administration, the National Economic Council published a FinTech white paper highlighting principles for FinTech. The paper cited policy objectives including financial inclusion, transparency, and the need to increase efficiency in financial infrastructure. In the ABS market, SoFi announ ...

Growth and inflation risks peppered the headlines this week as the Nasdaq and other equity indices set record highs. The IMF raised the US growth outlook for the US by 50 bps. FinTech is also off to a strong start. This week alone, Funding Circle successfully raised $100 MM from Accel, mobile payments iZettle raised $63 MM, and CompareEuropeGroup raised $21 MM amidst buoyant capital markets ...

In our Q4 2016 Securitization Tracker, we noted the increased pace of ABS issuance, heightened rate volatility, and the emergence of deals with seasoned collateral which require consistent valuation methods amongst market participants. Given this backdrop, market participants are eager to understand the pricing and valuation of loans. We discuss this topic below and explore further on the ...

We are pleased to present the PeerIQ Securitization Tracker for Q4 ’16. We encourage readers to take a look at our Outlook section highlighting challenges and opportunities for investors in the year ahead. Here are some highlights: Marketplace lending securitization remains a bright spot in the ABS market. Total issuance topped $2.4 Bn this quarter with cumulative issuance now total ...

Conferences: SFIG Vegas on February 26-March 1. LendIt on March 6-7 in New York. PeerIQ in the News: How Data Standardization and Transparency Solves the P2P Problem (LendingTimes, 12/28/16) Marketplace Lending News Roundup – December 31 (LendAcademy, 12/31/16) Marketplace Lending 2016: Bruised But Not Broken (P2PLendingExpert, 12/28/16) Industry Upda ...