Marketplace lending

Deals, trends and research in structured finance and asset-backed securities for the week of March 12-18

Worried initially that marketplace lenders might falter at the first stage of a crisis, the sector has weathered the COVID-19 storm and now projects to match 2019's record securitization deal volume.

The eight-year-old finance company closed on its fourth overall securitization, in what was its largest ABS bond issuance to date.

The online lender is looking to price its second securitization deal of 2021, following last week's closing of a pass-through notes offering via its master trust.

Deals, trends and research in structured finance and asset-backed securities for the week of Jan.7-14

Deals, trends and research in structured finance and asset-backed securities for the week of Dec. 18-23

The online lender, which raised $240 million, wants to take its artificial intelligence technology for evaluating borrowers to the next level and expand its partnerships with banks, its CEO says.

Pagaya Investments, which purchases loans from MPL platforms using AI-driven technology, is sponsoring a $423.9 million transaction, according to a ratings agency presale report.

Deals, trends and research in structured finance and asset-backed securities for the week of Oct. 2-8

The San Francisco fintech, which is buying Radius Bancorp, will discontinue peer-to-peer lending and instead offer new products, like high-yield savings accounts, to its retail investors.