Sean nails it:
http://debanked.com/2016/05/its-time...se-its-insane/

My take: "Marketplace", "Fintech", "Peer-to-Peer", "Online Financing", "Portal", "Proprietary Algo"
Drop dead and get on your low horse into the mountains with your cash.

Marketplace: Last resorts are not a marketplace, they are a ticket to a chance. A hopefully well thought out path to opportunity with plenty of risk.

Fintech Take a peek behind the curtain at most of the loud and mouthy mid-level funders, and what you will find is a mess. Replete with the unhealthy side of greed and corner cutting to make a deal. Now we also now know unfortunately that the big boy(s) are not beyond reproach. Doesn't take much Tech to back-date or forward-date data or move a decimal. Never has. Fraud or dishonesty is always a single keystroke away.

Peer-to-Peer: Some nerve, and an insult to peers. It is Me-to-You and take it or leave it funding thank you very much. And we should NOT feel sorry for the merchants who didn't do their due dilly. When the business gets hit by lightning however, try the Peer's patience. Bend over for the small print to be shoved where the COJ don't shine. Peer to Peer sounds like your neighbors got together to do a barn raising. Must sound good though to the granolas in Palo Alto who are think-tanking company names with their stagnant mezzanine financing for new entries to the space and that killer application (that can't replace humans).

Portal / Online Lending, We all know they suck, which is why we are on the goddam phone all day. Let's give Fintech a time-out. And like Sean says, it is Madness. But who will make genius out of it all?