Here's what online lenders are saying about the Deloitte report dismissing the sector as 'not significant'

Deloitte put out a pretty brutal report on the marketplace lending industry on Monday, predicting it “will not be significant” and saying players in the market are “unlikely to pose a threat to banks in the mass market.” Marketplace lenders are online platforms that connect retail lenders with borrowers, cutting out banks who traditionally sit in the middle. Read more at