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This blog post examines technology-enabled lending, which has grown from infancy in 2006 to $26 billion in loan originations in 2017. It is predicted that loan origination volume will hit $90 billion by 2020. There are two common models for marketplace lenders: direct lenders and platform lenders. Direct lenders use funds generated from outside sources to originate loans, while platform lenders partner with depository institutions to originate loans that are then purchased by the lender or by an investor using the platform.