As I do at this time every year I take a look back at the top 10 news stories of the year published on Lend Academy in 2018. These are the most read stories of the year ranked by the number of page views (based on Google Analytics data).
The most read story of the year is my quarterly investment report for Q4 2017, published in February. I share details of my marketplace lending investments every quarter and these articles are usually quite popular.
The number two article of 2018 is no surprise. While I wouldn’t say the fintech industry is obsessed with Goldman Sachs they certainly come up in my conversations more than any other company. This article covers a presentation on the future of Marcus by then Goldman Sachs President (now CEO) David Solomon at an Alliance Bernstein conference.
We published this article in the lead up to LendIt Fintech USA 2018 and it focused on the publicly listed fintech companies that would be attending. It included new research on the trends in the stock price of these companies and looked at the performance of the overall fintech sector.
In January Goldman Sachs announced they had acquired the credit card startup Final so, of course, speculation began that Marcus would soon be launching a credit card. It didn’t happen…at least not in 2018.
I think the second most talked about company in fintech may well be SoFi. They are moving beyond the lending space into offering bank-like services. The SoFi Money account is a hybrid checking and savings account with no fees, free ATM access and it earns decent interest (it now pays 2%).
Another article on Marcus makes the top 10 (that is three of the top eight if you are keeping count). This article was a look back at the first two years of Marcus by Goldman Sachs and the impact the company is having on fintech.
The head of Funding Circle USA, Sam Hodges, stepped down in April. He was one of the co-founders of Funding Circle’s US operations and a driving force in the growth of marketplace lending for much of the past decade.
Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.