It’s not everyday we can offer you something to take your mind off of Election Day, if only for a few minutes. Today is that kind of day.
The team at dv01 is thrilled to share two pieces of news, both courtesy of Forbes Magazine. This morning, we found out that Forbes named dv01 to its Fintech 50 list, alongside companies like Affirm, Credit Karma, Stripe, and SoFi. For a young company with a huge mission, this is an immense achievement.
Forbes also featured dv01 in an in-depth profile, available online and in the upcoming print issue. If you’re curious to learn more about how dv01 came to be and the problem we’re hoping to solve, take a read. We’re not ones to toot our own horn, which is why it’s particularly humbling to see partners, investors, and clients do it for us.
Given that our team is typically in heads down work mode, I’ve asked everyone on the team to take a few minutes to recognize what a milestone this is for our company. At two years old, we’re working with some of the biggest names in finance, solving problems that, until recently, everyone believed to be either unsolvable or not important enough to solve.
And while we’ve already aggregated ~70% of marketplace loan data and provided analysis and reporting on over $450M of marketplace securitizations, it’s important to remember that this is just the beginning. Our mission is much larger than marketplace lending, and though we’ll continue to innovate and support this industry, we’re excited to spend the bulk of 2017 focusing on the larger consumer lending markets, which make up more than $12T in debt.
Today, the bulk of that data is stuck in antiquated databases & Excel spreadsheets. We plan to map every last bit of it, and make it accessible through modern technology that moves investors away from slow, inefficient manual processes to automated reporting and analysis.
Interested in learning more about our mission? Don’t hesitate to drop me a line.