Due to circumstances beyond our (and their) control, a large enough number of startups were unable to confirm their availability to pitch at our Alternative Finance Startup Pitch Event on May 10th. Without a critical mass of pitching companies, we have decided to change the event's subject to:
Recent Updates in Alt Finance: Profitability, CFPB and Treasury Department
Background:
Perhaps as a sign that the alternative finance and marketplace lending space is maturing, there has been a shift in focus from “building” to “profitability.” We will discuss this change in focus and its
implications.
On Tuesday, May 10 the Treasury Department is scheduled to release its findings from last year's request for information on marketplace lending. Depending on the timing of the release, we hope to have a discussion of our reaction to the findings.
Regardless of the Treasury Department findings, the CFPB is targeting the marketplace lending space for regulation: what does that mean for the industry as a whole?
Program:
- 45 minutes of networking
- 30 minutes standing panel with Q&A:
- Gregory Nowak, Partner and one of the leaders of the firm’s Marketplace Lending practice, Pepper Hamilton LLP
- Scott Jones, Partner from the firm’s Emerging Growth practice and Technology practice, Pepper Hamilton LLP
- Oren Bass, CEO, Pave, Inc.
- George Popescu, Editor in Chief, Lending Times
- 45 minutes of networking and individual Q&A