Peter Renton Discusses the US Marketplace Lending Sector’s Recovery

Peter gives a recap of activity in 2016 which included issues across most all of the largest firms and reported many small firm closings with the launch of Marcus by Goldman Sachs changing market competition; compared to 2016, 2017 appears much better with equity investments already surpassing 2016 totals and many new startups launching lending platforms; overall, Peter says the industry is recovering but not recovered and notes that returns are dropping. Source