efinancials2015 - miglena dobreva - lendex

THE FUTURE OF CROWDLENDING Miglena Dobreva

Founder & CEO

CROWDLENDING PLATFORM

WHAT IS CROWDLENDING

STRUCTURALLY LOWER COSTS

1. EFFICIENT PROCESSES

2. LOW OVERHEAD

3. LOW COMPLIANCE COSTS

INCREASINGLY DRIVEN BY TECHNOLOGY

GLOBAL CROWDLENDING MARKET

US, UK & CHINA ARE LEADING THE WAY

51%

17%

28%

4%

US UK CHINA OTHER

Name Invested amount

LENDING CLUB US $ 2B Q2 2015

PROSPER US $ 5B

ZOPPA UK £ 1B

RATESETTER UK £ 700M

AUXMONEY DE € 350M

PRET D’UNION FR € 210M

COMUNITAE SP € 21M

SMARTIKA IT € 20M

MAIN CONSUMER LENDING PLATFORMS

IPO is the 4th

Largest IT IPO in history

Credit Suisse leads $165M investment

round at $1.9B valuation

Shareholder AEGON commits

€ 150M of funding for loans

Gets £20M funding at

£100M valuation

HUGE MARKET POTENTIAL

STEADY MARKET DEVELOPMENT

• The first credit risk derivative products for the

consumer crowdlending market are a fact.

• The first consumer P2P investment funds are a fact

(US, UK, Canada, NL).

• Attractive returns, limited defaults in case of adequate

diversification.

DUTCH MARKET

SCOPE CROWDFUNDING – 2015 (NL)

78%

5%

4%

13%

Lending Charity Equity Other renumeration

Financed: € 91.3 M

Open: € 24.9M

Average amount: € 26K

Source: Fundwijzer.nl

DUTCH MARKET

1) Growing steadily but still negligible€35M (2013), €65M (2014), €100M (2015)

2) Very fragmented and focused on SME

3) Consumer lending underdeveloped

no dominant player yet

4) Growth is yet to come

THE FUTURE

Consolidation

Institutional Investors

Secondary marketDerivative products

Large professional pan European

players

Multi product

Professional lending

Exchanges

LENDEX

LENDEX APROACH

Approaches the market from investors perspective.

Focus on low risk products.

Build and manage the portfolio on behalf of the investors.ease for the investor/speed for the borrower

Structure the asset as a tradable security .

LENDEX WAY OF DOING THINGS

1) Build a great product. Technology is key!

2) Create trust

3) Deliver quality and over exceed

expectations

4) Build and open market

THANK YOU