Just a few months ago, based on media headlines alone, it would have appeared that marketplace lending was dead. The founder of the world’s largest marketplace lender (LendingClub) and pioneer of the space itself, Renaud Laplanche, was abruptly fired over evidence of fulfilling faulty loans, sinking the share price of LC and prompting some to draw parallels to the financial crisis or question the durability of the entire industry.

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