Marketplace Lending from Foundation Capital

Foundation Capital's GP, Charles Moldow, has written a fantastic deck on the future of Marketplace Lending.

He does an excellent job of dissecting the opportunity and advantages the new breed of online lenders have over the traditional banks. Slide 16 has a handy chart showing the opportunity:

Market Opportunity

and slide 17 has a fairly good look at the online landscape that exists today:


I'll note he is missing Fundrise, in the Real Estate crowd funding space.

As the space continues to heat up I expect to see consolidation across the different verticals (especially as Lending Club and others start to IPO and have cash on hand to expand). It also seems like a good opportunity for the shovel salesmen to cash in.