Description

The marketplace lending space is now relatively mature, particularly when it comes to consumer loans, with several platforms 10-15 years old. The first public securitization was back in 2013 by SoFi and there have been hundreds of deals closed since then. The unsecured personal loan space now has a long track record with consistent performance.

My next guest on the Fintech One-on-One podcast is Gunes Kulaligil. He is the Structured Finance Co-Lead at Stout, an investment bank and advisory firm. He has been advising on the marketplace lending space for many years and he has written for Fintech Nexus News before (see here and here). One of the stories that has received little attention is the stellar year that marketplace lending had last year, so I wanted to dig into that with Gunes.

In this podcast you will learn:

• His core focus at Stout today and their two service offerings.
• The types of companies that hire them for valuation services.
• How Gunes first got interested in marketplace lending.
• The state of the industry today.
• Why 2022 was a record year for marketplace lending.
• Who is buying the senior tranches of prime securitization deals.
• How credit boxes are tightening in 2023 deals.
• Where demand for securitizations will come from later this year.
• Why prepayments are down dramatically.
• How marketplace lending will perform this year and next.

Connect with Gunes on LinkedIn
Connect with Stout on LinkedIn

Connect with Fintech One-on-One:

• Tweet me @PeterRenton
• Connect with me on LinkedIn
• Find previous Fintech One-on-One episodes