Orchardconnects marketplace lending platforms to institutional investors. Orchard wants to continue to help develop the online lending market by creating a secondary trading platform. Orchard plans to launch the “first end-to-end, many-to-many electronic trading platform for marketplace loans that will help Marketplace Lending to fulfill its destiny as the future of credit.”
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Orchard Will Launch Electronic Trading Platform for Marketplace Lending Assets
Following the gathering, Orchard posted some of their findings from the discussion. These included; - Both investors and originators agree that the standardization of that data will allow for continued growth and an increased influx of capital. - Lack of liquidity in the space with no established secondary market leaves investors with little flexibility and limits rate of capital deployment. - The leading participants in the marketplace lending sector are built to withstand downturns and expectations are for the asset class to “prove durable” during times of economic stress. - Consolidation of platforms will occur during unfavorable economic conditions during which platforms will diversify product lines
