Three Innovations To Watch For In Consumer And Small Business Lending

To get some insight into the trends, I spoke with Snehal Fulzele, CEO of a two-year-old company called Cloud Lending Solutions that provides some of the back-end software for companies in the lending space — think players like OnDeck Capital and Lending Club  though not those two companies. It also works extensively in emerging markets with clients such as Lenddo, a company that operates in Colombia and the Philippines and has drawn attention for predicting delinquincies based on online behavioral data, and Juhud Kilimo, which loans money to Kenyan farmers.