Market Overview

Marlette Funding Closes Largest Securitization Transaction in Company History

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Robust Investor Demand Marked by Milestones Including Positive Credit
Trends Demonstrated by Fifth MFT Securitization of $464.3M and
Appointment of New CFO

Marlette Funding, LLC, the parent company of Best
Egg
, announced today it closed its fifth proprietary "MFT"
securitization. Approximately $495 million of Best
Egg
loans were financed via $464.3 million of MFT 2018-1 Notes with
four classes and one class of Certificates, with certain loan sellers
retaining risk on a portion of the Notes and/or Certificates.

This is the first securitization of 2018 bringing the total program
issuance to date to $1.7B, with capital provided by a broad set of
investors. The transaction was significantly oversubscribed, upsized and
successfully priced, reflecting Marlette's differentiated product
offering and superior credit performance. Underwriting the transaction
were Goldman Sachs, who served as the structuring agent, Citi, Deutsche
Bank and Morgan Stanley. The Class A, B, C and D fixed-rate Notes were
rated AA (sf), A (sf), BBB (sf) and BB (sf), respectively, by Kroll Bond
Rating Agency (KBRA). The transaction complied with the Dodd-Frank Act's
risk-retention requirement by utilizing Majority Owned Affiliates owned
by Marlette Funding, LLC.

"Today's securitization announcement is just one more reason to expect
that 2018 will be an exciting year for Best Egg," said Mark Elbaum,
chief financial officer at Marlette Funding. "We believe that strong
fundamentals, healthy performance, overall nimble and scalable
infrastructure will result in a significant uptick in the existing
business and open doors for new service and product launches."

Year over year, Best Egg has demonstrated impressive scalability
– 66% year-over-year growth in originations with only 9% growth in
year-over-year fixed operating expenses and 29% reduction in marketing
cost per loan. Underpinning the market-leading performance, the company
continues to invest in and align around customers to guide the evolution
of the business. 2017 advancements in data analytics and its flexible
technical architecture enabled a continuous deployment process that
increased the speed of change to real time if needed. The company
recently appointed Mark
Elbaum to chief financial officer
and promoted Sabrina
Basht to chief strategy officer
, as part of an aggressive growth
strategy.

"Marlette Funding has been very deliberate in building an investor base
with deep strategic relationships across the capital structure," said
Geoffrey Kott, Head of Capital Markets and Strategy at Cross River.
"They understand the financial services industry and invest and align
the business with the customers."

About Marlette Funding, LLC

Marlette Funding, through its consumer brand Best Egg, is a financial
technology provider on a mission to find better ways to make money
accessible to allow people to enjoy life. The team mixes decades of
banking experience with deep customer knowledge and smart technology to
deliver digital products, services and experiences in a more relevant
way. Today, Best Egg provides a frictionless online personal loan
platform where qualified applicants can instantly view loan offers with
no impact to their credit score and receive funds in as little as 1
business day. Since March of 2014, the online loan platform has
delivered over $4.7B of prime loans with unparalleled credit
performance. For more information, visit www.MarletteFunding.com.

About Cross River Bank

Cross River is a full service New Jersey State Chartered FDIC-insured
bank. It has developed strategic partnerships with financial technology
leaders to build fully compliant and integrated solutions for the
marketplace lending and payment processing arenas. As disintermediation
and financial independence increasingly fuel the new economy, Cross
River is uniquely positioned to service both the established giants and
the growing list of new entrants into these sectors. Corporate web site: www.crossriverbank.com.

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