China represents 18.5% of the total world population and its business commerce has been growing rapidly; it also reports the four largest fintech unicorn valuations, Ant Financial, Lufax, JD Finance and Qufenqi; Matt Burton from Orchard Platform reports on these statistics and more in a recent blog post also highlighting the emphasis on mobile payments and technology services for the underbanked and unbanked; while China's fintech sector has shown exponential growth, the government is now increasing its focus on financial protection which is expected to improve the quality of fintech businesses; in the blog post, Burton also provides a list of companies he is watching by region in Asia. Source
Orchard has a unique perspective on online lending given how close they are both with originators and investors; Matt Burton shares themes from LendIt 2017 and looks back at what has happened over the past few years; Burton believes that many companies are positioned for growth this year with increased institutional investor interest; shares that the industry is still small compared to where it could go and explores what needs to happen in order to "expand the tent"; discusses growth in originations, securitization, partnerships and the expansion of asset classes in the industry. Source
[Editor’s note: This is a guest post from Matt Burton, CEO and Co-Founder of Orchard.] The past nine months have...
Lend Academy Article: Orchard Launches New “Deals” Platform Connecting Institutional Investors and Originators
Orchard has been working for a long time on their new platform called Orchard Deals; the platform has been redesigned from the ground up and boasts more than just a secondary market; features include deal listings, capital management, advanced analytics, data services and news & insights; Peter Renton from Lend Academy spoke with Orchard CEO Matt Burton and outlines what’s new in the blog post. Source