The tribes liken online lending businesses to their gambling operations.
Chinese investors poured billions into online lending platforms.
A new online lending platform is introduced by a leading provider of small-business working capital.
Witness JPMorgan Chase's recent alliance with OnDeck, an online lending platform for small businesses.
Zopa: users hit 150,000 Zopa, the online lending aggregator, has reached 150,000 members.
Despite the shakeout, industry analysts are hopeful about the future of online lending.
Nevertheless, there remains a resilient strain of optimism in the fledgling world of online lending.
To refinance his student loans last year, he went to an online lending start-up, Earnest.
"Why does the regulatory authority neglect it?" Others had less sympathy for people who engage in online lending.
A report last year by the Office of Fair Trading argues that this trend will continue as online lending booms and the economy stutters.
Traditional banks have taken notice of the popularity of online lending, even if they haven't quite mastered the tune.
