Marketplace lending has transformed the credit origination process from a laborious, paper-intensive exercise to an elegant platform-driven endeavor, supported by rich real-time data and powerful APIs. Ldger is extending this innovation to the secondary market with transparency, reduction of cost and a wider distribution of assets. Ldger, Inc. is a New York City-based startup that offers a powerful and flexible platform for structuring, pricing and trading of complex financial products, enabling secondary market liquidity through securitizations and other structured solutions. The company aims to lead product creation and liquidity growth in the secondary market. Ldger’s platform-based approach permits investors in and originators of marketplace-originated credit to build and market customized tranches of risk exposure against marketplace credit cashflows.