Ranger Direct Moves Away From P2P

The investment company will be changing their strategy to focus on secured loans which the board believes will stabilize the portfolio and increase yields; the board has recommended appointing Ares Credit Group to oversee the move; Ranger was affected by the bankruptcy of Argon Credit through their stake in the Princeton Alternative Income Fund. Source

Please enable JavaScript in your browser to complete this form.

Get Fintech Smart(er)

Join 15,000+ professionals in subscribing to the Fintech Nexus Daily Newsletter.

Fintech Nexus News logo