Payday Lender Taps Wall Street For Cash As Regulations Bite

A payday lender is looking for more ways to boost their lending. The alternative finance market has exploded since the end of the financial crisis. Traditional lenders and peer-to-peer lenders have blossomed as banks, constrained by regulation, have pulled back from certain areas of the lending market seeking better returns on capital elsewhere. Amid Predictions Revenue Could Tank 50%, Asset Managers Still Unprepared For Mifid II Traders Being To Bet That Low Volatility Will Soon End: Goldman Reinventing the Wheel on Fannie Won’t Mean a Smooth Ride The growth of online loan markets in the peer-to-peer sector has exploded over the…