Tag Archives: Mobilend

“Online Lender Cultivates Campuses” Asset-Backed Alert, Dec 16, 2016

A startup microlender is employing an unusual business tactic that could position it as an issuer of asset-backed bonds.

Mobilend, led by financial-technology entrepreneur Timothy Li, plans to build an initial client base through a project called Fluid through which it will offer college students no-interest loans of up to $500 starting next month.