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Marketplace lending at the cusp of explosive growth – Bankless Times


Marketplace lending at the cusp of explosive growth
NEW YORK, NY – While marketplace lending has seen its share of developments in its first decade of existence, there’s plenty more where that came from, Aaron Vermut predicts.
Prosper’s CEO described how traditional markets evolve as he attempted to predict how marketplace lending will change in the coming years when he delivered a keynote speech at the 2015 Altfi Global Summit today in New York City.
One only has to look to the development of the stock market for an example, Mr. Vermut explained. That began with 24 stock brokers and merchants signing an agreement under a buttonwood tree in 1792. ....

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