SYOSSET, N.Y., April 4, 2016 /PRNewswire/ -- Morey Publishing, a New York-based media and marketing firm, in conjunction with Mayava Capital, Inc., a small business advisory, has published "The Power 20," a list of the twenty most influential people in marketplace lending.
The term "marketplace lending" has become a catchall moniker that encompasses peer-to-peer and consumer lending, online business lending, such as merchant cash advances and unsecured term loans, and other types of alternative lending platforms that eliminate traditional banking channels. It's an industry that is maturing every day and one that has piqued the interest of boutique investors searching for yield to giant Wall Street firms that are cautiously testing the waters.
The list, referred to as "The Power 20," is comprised of men and women who are leading the charge in the online lending frontier. Some of the names are instantly recognizable, even to those who do not follow this sector closely. Others are champions within the burgeoning marketplace lending space though they possess little name recognition in traditional financial circles. Regardless of their notoriety, The Power 20 are worthy of the "disruptor" title ascribed to them by the media writ large.
"The marketplace lending sector and the aptly named 'fintech' companies that are bravely paving the way in alternative lending are beginning to change the way we think about the capital markets," says Jed Morey, President of Morey Publishing. "We wanted to provide a baseline of understanding as to who the players are in this field so we can benchmark their progress and follow them closely as they re-write the rules of engagement in the financial sector."
Marketplace lending is a relatively new phenomenon that gained significant traction in the wake of the financial crisis. Consumers and small businesses that were abruptly locked out of the traditional banking channels were suddenly granted access to the capital markets by companies that rushed to fill the liquidity void caused by a comprehensive, but often smothering regulatory environment. While traditional banks and lenders scrambled to gain their footing in this new era, marketplace lenders moved swiftly to disaggregate the system and provide funding options to consumers and businesses alike.
The Power 20 will be published on April 4, 2016 at https://www.mayavacapitalfunding.com/power20.
Morey Publishing owns and operates the Long Island Press, an alternative news site that has won more than 400 local and national awards since it was founded in 2002, and NYFinancialPress.com, which focuses on alternative financial sectors. In addition to its media properties, Morey Publishing operates a digital marketing agency with a specialty in lead generation for the education, finance and manufacturing industries.
Mayava Capital, Inc. is a small business advisory founded by small business investors based on Long Island, NY. It provides business resources and marketing consultation in partnership with Morey Publishing and maintains independent sales relationships with alternative investment platforms that fund small to medium sized businesses.
Danielle Esposito, Morey Publishing
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SOURCE Morey Publishing