Marketplace Lending: A Roadmap for Growth or the Next Subprime?
In late October, Wharton FinTech went on a company trek for the day to New York. We met with two Marketplace Lending (MPL) startups (Bread Finance, Bond Street) and two investors (JP Morgan Chase, Nyca Partners). The following post provides an overview of the MPL business model, growth opportunities, and emerging risks that were discussed over the course of those meetings.