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A Trillion Dollar Market
by the People, for the People
How Marketplace Lending Will Remake Banking as We Know It
By Charle...
A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
$1TRILLION
A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
Since 2008, The Number of Sub-$250K
Commercial ...
A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
A Growing Spread That Represents $100B/year In ...
A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
Friends Don’t Let Friends Use Banks
Source: Bai...
A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
Source: Viacom Media Networks
Millennials REALL...
A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
P2P
A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
Disintermediated lending
P2P
Disintermediated l...
A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
Marketplace Lending
A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
Marketplace Lending Could Generate >400 BP
Cost...
A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
Big Opportunity in Front of Us
Source: Federal ...
A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
M A X I M I
Data, Data, Data
Successful players...
A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
M A X I M I
Data, Data, Data
Successful players...
A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
Extracting Value from Behavioral Data
$5K $15K
A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
M A X I M I
Data, Data, Data
Successful players...
A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
Mining Your Customer Base for Revenue
A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
Lender Inflows Tell the Story
A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
M A X I M I
Data, Data, Data
Successful players...
A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
A Thicket of Regulation
A (non-exhaustive) list...
A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
M A X I M I
Data, Data, Data
Successful players...
A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
The Free Markets Have Spoken
Source: FDIC, data...
A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
www.foundationcapital.com/marketplace-lending.p...
A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
Few Major Banks are Becoming More Efficient
Sou...
A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
“People have long thought that the Internet
is ...
A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelendingA TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE ...
foundationcapital.com/marketplace-lending.php
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P2P Lending Presenation

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  • DOWNLOAD FULL BOOKS, INTO AVAILABLE FORMAT ......................................................................................................................... ......................................................................................................................... 1.DOWNLOAD FULL. PDF EBOOK here { https://tinyurl.com/y3nhqquc } ......................................................................................................................... 1.DOWNLOAD FULL. EPUB Ebook here { https://tinyurl.com/y3nhqquc } ......................................................................................................................... 1.DOWNLOAD FULL. doc Ebook here { https://tinyurl.com/y3nhqquc } ......................................................................................................................... 1.DOWNLOAD FULL. PDF EBOOK here { https://tinyurl.com/y3nhqquc } ......................................................................................................................... 1.DOWNLOAD FULL. EPUB Ebook here { https://tinyurl.com/y3nhqquc } ......................................................................................................................... 1.DOWNLOAD FULL. doc Ebook here { https://tinyurl.com/y3nhqquc } ......................................................................................................................... ......................................................................................................................... ......................................................................................................................... .............. Browse by Genre Available eBooks ......................................................................................................................... Art, Biography, Business, Chick Lit, Children's, Christian, Classics, Comics, Contemporary, Cookbooks, Crime, Ebooks, Fantasy, Fiction, Graphic Novels, Historical Fiction, History, Horror, Humor And Comedy, Manga, Memoir, Music, Mystery, Non Fiction, Paranormal, Philosophy, Poetry, Psychology, Religion, Romance, Science, Science Fiction, Self Help, Suspense, Spirituality, Sports, Thriller, Travel, Young Adult,
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  • .DOWNLOAD THIS BOOKS INTO AVAILABLE FORMAT ......................................................................................................................... ......................................................................................................................... .DOWNLOAD PDF EBOOK here { https://tinyurl.com/y8nn3gmc } ......................................................................................................................... .DOWNLOAD EPUB Ebook here { https://tinyurl.com/y8nn3gmc } ......................................................................................................................... .DOWNLOAD doc Ebook here { https://tinyurl.com/y8nn3gmc } ......................................................................................................................... .DOWNLOAD PDF EBOOK here { https://tinyurl.com/y8nn3gmc } ......................................................................................................................... .DOWNLOAD EPUB Ebook here { https://tinyurl.com/y8nn3gmc } ......................................................................................................................... .DOWNLOAD doc Ebook here { https://tinyurl.com/y8nn3gmc } ......................................................................................................................... ......................................................................................................................... ......................................................................................................................... .............. Browse by Genre Available eBooks ......................................................................................................................... Art, Biography, Business, Chick Lit, Children's, Christian, Classics, Comics, Contemporary, Cookbooks, Crime, Ebooks, Fantasy, Fiction, Graphic Novels, Historical Fiction, History, Horror, Humor And Comedy, Manga, Memoir, Music, Mystery, Non Fiction, Paranormal, Philosophy, Poetry, Psychology, Religion, Romance, Science, Science Fiction, Self Help, Suspense, Spirituality, Sports, Thriller, Travel, Young Adult,
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P2P Lending Presenation

  1. 1. A Trillion Dollar Market by the People, for the People How Marketplace Lending Will Remake Banking as We Know It By Charles Moldow General Partner, Foundation Capital
  2. 2. A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending $1TRILLION
  3. 3. A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending Since 2008, The Number of Sub-$250K Commercial Loans has Declined Source: FDIC, data for C&I loans <$250K
  4. 4. A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending A Growing Spread That Represents $100B/year In Interest Payments to Banks Source: Federal Reserve
  5. 5. A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending Friends Don’t Let Friends Use Banks Source: Bain & Company, 2012 NPS Survey
  6. 6. A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending Source: Viacom Media Networks Millennials REALLY Dislike Banks
  7. 7. A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
  8. 8. A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending P2P
  9. 9. A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending Disintermediated lending P2P Disintermediated lending
  10. 10. A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending Marketplace Lending
  11. 11. A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending Marketplace Lending Could Generate >400 BP Cost Advantage vs Banks Source: Lending Club based on St. Louis Fed, Federal Reserve
  12. 12. A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
  13. 13. A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending Big Opportunity in Front of Us Source: Federal Reserve, SBA, Goldman Sachs, Bloomberg, FRBNY, Mortgage Bankers Association, PEW Center, Forbes, SEC Annual Lending Revenues IN 2013 (US$B)
  14. 14. A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending M A X I M I Data, Data, Data Successful players will out-FICO FICO and be fairer than Fair Isaac. M A X I M I I Connections & Liquidity It's not just about matchmaking but also market-making. M A X I M I I I Formidable Barriers Marketplace platforms are neither easy to start nor easy to scale. M A X I M I V Built to Last Marketplace lenders should be built not just to disrupt but to displace.
  15. 15. A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending M A X I M I Data, Data, Data Successful players will out-FICO FICO and be fairer than Fair Isaac. M A X I M I I Connections & Liquidity It's not just about matchmaking but also market-making. M A X I M I I I Formidable Barriers Marketplace platforms are neither easy to start nor easy to scale. M A X I M I V Built to Last Marketplace lenders should be built not just to disrupt but to displace.
  16. 16. A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending Extracting Value from Behavioral Data $5K $15K
  17. 17. A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending M A X I M I Data, Data, Data Successful players will out-FICO FICO and be fairer than Fair Isaac. M A X I M I I Connections & Liquidity It's not just about matchmaking but also market-making. M A X I M I I I Formidable Barriers Marketplace platforms are neither easy to start nor easy to scale. M A X I M I V Built to Last Marketplace lenders should be built not just to disrupt but to displace.
  18. 18. A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending Mining Your Customer Base for Revenue
  19. 19. A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending Lender Inflows Tell the Story
  20. 20. A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending M A X I M I Data, Data, Data Successful players will out-FICO FICO and be fairer than Fair Isaac. M A X I M I I Connections & Liquidity It's not just about matchmaking but also market-making. M A X I M I I I Formidable Barriers Marketplace platforms are neither easy to start nor easy to scale. M A X I M I V Built to Last Marketplace lenders should be built not just to disrupt but to displace.
  21. 21. A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending A Thicket of Regulation A (non-exhaustive) list of federal marketplace lender laws • Equal Credit Opportunity Act (ECOA) • Fair Housing Act (FHAct) • Bank Secrecy Act/OFAC • Truth in Lending Act (TILA) • E-Sign Act (FDIC) • Dodd-Frank - Wall Street Reform and Consumer Protection Act • Know Your Customer (KYC) • Fair Debt Collection Practices Act (FDCPA) • Fair Credit Reporting Act (FCRA) • Fair and Accurate Credit Transactions Act (FACTA) • CARD Act (CARD) A (non-exhaustive) list of federal regulatory bodies • Securities and Exchanges Commission (SEC) • Federal Reserve (FED) • Financial Industry Regulation Authority (FINRA) • Office of the Comptroller of the Currency (OCC) • Federal Deposit Insurance Corporation (FDIC) • National Credit Union Administration (NCUA) • Consumer Financial Protection Bureau (CFPB) • Federal Trade Commission (FTC) • Financial Stability Oversight Council (FSOC) • Commodity Futures Trading Commission (CFTC) • Federal Housing Finance Agency (FHFA) And there are state-by-state licensing requirements specific to each asset class and business model. Source: https://www.fas.org/sgp/crs/misc/R43087.pdf
  22. 22. A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending M A X I M I Data, Data, Data Successful players will out-FICO FICO and be fairer than Fair Isaac. M A X I M I I Connections & Liquidity It's not just about matchmaking but also market-making. M A X I M I I I Formidable Barriers Marketplace platforms are neither easy to start nor easy to scale. M A X I M I V Built to Last Marketplace lenders should be built not just to disrupt but to displace.
  23. 23. A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending The Free Markets Have Spoken Source: FDIC, data for C&I loans <$250K MARKETPLACE VS. FINTECH IN THE MARKET Trading Multiples Marketplace Traditional Fintech Lenders
  24. 24. A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending www.foundationcapital.com/marketplace-lending.php
  25. 25. A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending Few Major Banks are Becoming More Efficient Source: McKinsey, Thomson Reuters Just 30% of the top 500 global banks improved cost efficiency between 2009-2012 70% stayed the same or became less efficient
  26. 26. A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending “People have long thought that the Internet is overhyped. But when you realize that it now has the power to reinvent the multi- trillion banking industry – I argue that it still hasn’t been hyped enough.”
  27. 27. A TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelendingA TRILLION DOLLAR MARKET BY THE PEOPLE, FOR THE PEOPLE #marketplacelending
  28. 28. foundationcapital.com/marketplace-lending.php

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