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Online Consumer Lenders Faring Better than Small Business Counterparts

Online Consumer Lenders Faring Better than Small Business Counterparts

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FintechNews RoundupUSA
··1 min read

In this week’s PeerIQ Industry Update they cover the continued crisis across the online lending landscape; even with the crisis ravaging many Main Street industries the market was able to bounce back to have its best month with January 1987; OnDeck is facing a perfect storm of circumstances with delinquencies jumping to 45 percent and $1.05bn drawn on its credit facilities, funding $1.2Bn in assets; consumer lending is not in as dire of circumstances as the SMB space with the government capital helping keep delinquencies in a reasonable range; LendingTree made their first strategic investment in digital banking startup Stash by leading with $80mn as part of the $112mn round. PeerIQ

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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