Orchard offers Karrot as P2P investors seek scale

cabbage
By Will Caiger-Smith
25 Mar 2015

Orchard Platform is giving institutional investors access to a new consumer loan product from one of the US’s fastest-growing marketplace lenders.

Kabbage, based in Atlanta, Georgia, has provided small businesses with more than $700m of finance since launching in 2011. In the past, it has lent from its own balance sheet.

The lender is now moving into consumer loans — the marketplace lending product that has proved most popular ...

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