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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.”
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
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