The ongoing rationalization of the marketplace lending space still has a way to go, says Ryan Gilbert of Propel Venture Partners, who notes that “too many princes have wanted to be kings, and they will not all be successful.” The fact that OnDeck and Lending Club posted upbeat Q2 earnings this past
Read MoreThe Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a new financial revolution is under way. In this battle, virtually every aspect of the greater financial services sector is subject to rigorous challenge. With the Financial Revolutionist, we are aspiring to create a boots-on-the-ground and highly opinionated assessment of important financial innovation developments in the past week.
