CFA Society Melbourne

Lunchtime Presentation | P2P Lending – 5 August

P2P lending – opening up a new asset class for investors (and disrupting banks along the way)

Peer-to-peer lending is hot right now.  Morgan Stanley estimates that P2P lenders will take $20 billion in loans from the Australian banks by 2020 by attacking the honeypot that is consumer and small business lending.  While this clearly has the potential to impact bank profitability, the real innovation is in the creation of a new asset class and making consumer and small business loans available to investors.  It has the bank CEOs worried – a chorus of current and former CEOs have decried P2P lending as “unproven” and a “fad”.  The exact type of scaremongering you’d expect from someone running an outdated business model.

Join Stuart Stoyan, CEO of MoneyPlace, as he outlines why Australian banking is ripe for disruption and how retail and institutional investors can share in the spoils.

When: Wednesday, 5 August 2015
Time: 12.30-2pm (a light lunch will be provided)
Where: BlackRock, Level 26, 101 Collins St, Melbourne
Cost: $15 members, $25 Q Group/Actuaries and $35 non-members
RSVP: Monday, 3 August 2015
To register for this event, please click here

MoneyPlace is an online marketplace that connects credit worthy borrowers with investors.  MoneyPlace enables borrowers to save money with fairer and lower rates, and investors to earn more through higher fixed income returns. MoneyPlace is comprised of a team of former bankers who understand the risk inherent in lending.  By combining this knowledge with the latest technology, MoneyPlace is able to originate, assess and manage loans more efficiently than a bank, benfiting both the borrowers and investors.

Stuart Stoyan, Founder and CEO

Stuart Stoyan

Prior to founding MoneyPlace, Stuart was the Head of Strategy for NAB Business.  Prior to that he was a management consultant, helping large corporate clients solve complex problems across Australia, New Zealand, Asia and the United States.  Key areas of focus included market entry, growth and performance improvement with an emphasis on retail and business banking