Category Archives: Community News

An interview with Marketlend CEO – Leo Tyndall

Interview with Marketlend CEO – Click here to listen

 

Marketlend is a new Australian lending platform founded and led by Leo Tyndall.

Launched in the same week that the Financial System Inquiry (FSI) of Australia released its “blueprint” for the Australian financial system for the next ten years, this new platform shows how innovation in financial products is  global.

We were lucky enough to get a chance to speak to Leo in the week of his launch.

Leo provides us with an interesting insight as to how Marketlend is a necessary addition to the Australian business finance marketplace and what makes its offer so distinctive.

The FSI report is generally encouraging towards crowdfunding and new and novel approaches to finance and we can be sure that where Leo’s team lead others will certainly follow.

You can stream the interview from here, our Podbean account or download it for later listening

Marketlend in the Press

Banking Day article
Marketlend jostles in P2P sector
12 December 2014 7:02am

Marketlend, another P2P style lender, is making its debut in the Australian market.

Leo Tyndall, a former head of capital markets in Asia for UniCredit, is the founder and CEO. Paul Roffey, a former JP Morgan and NAB banker, is the second director.

Marketlend is a subsidiary of Tyndall Capital Pty which holds the Australian Financial Services Licence.

Business loans (especially working capital, including a line of credit linked to invoices) are the initial target product with personal loans to come.

Like others in the segment, Marketlend is not really a peer to peer lender as its investment is confined to a well-heeled few and professional investors. However, there is a bidding platform to match investments with loan requests.

Retail investors may be able to join later.

One difference in the Marketlend model is a market for secondary trading in investments in loans.

ThinCats is another recent entrant in this niche, while RateSetter and SocietyOne have more of a consumer loans focus.