Orchard Platform Blog Weekly Online Lending Snapshot - March 30, 2018

Prosper reported their full year results; posting positive operating cash flow and 31% increase in loan originations year-over-year. Kabbage reported growth in SME mobile lending with 17% of loans being originated via mobile. The fintech startup Petal announced a partnership Wednesday with WebBank to officially launch a credit card for the estimated 65 million people who have insufficient credit history to qualify for [...]The post Weekly Online Lending Snapshot - March 30, 2018 appeared first on Orchard Platform.