Tech On Reg Podcast
What the Avant / Marlette CO AG Settlement Means for the Future
On this episode of Tech on Reg, Dara discusses the long-awaited settlement between Avant and Marlette Funding and the Colorado Attorney General. Among other things, the AG’s lawsuit centered around the relationships between these online lenders and the banks funding the loans originated on the platforms and questioned who the “true lender” really was. Dara is joined by Mary Jackson, CEO of the Online Lenders Alliance, and Ed Gehres, an experienced financial services and fintech attorney. We dive into the settlement and explore what it means for the entire financial services industry. Will other states follow suit and what will this mean for fintech/bank lending partnerships? Tune in to find out.