Nice overview
Marketplace lending is a growing and increasingly complex ecosystem. Making sense of all the various players and the ways they connect can be a challenge. To help, Orchard Platform has created a “Lendscape” that brings the industry into focus. While loan originators like Lending Club and Prosper may be well recognized, others in the space — including institutional investors, credit scoring companies, credit data providers, loan servicers, and providers of custodial and administrative services — are less well known. Together, these companies make marketplace lending possible. While the Lendscape can never reflect the full diversity of the market, it does provide a helpful overview that illustrates the flow of funds and information within the industry. As the market continues to evolve and grow, Orchard will update the Lendscape to reflect those changes.