Marketplace Lending News Roundup – January 10, 2015

During the week I share the latest marketplace lending news on Twitter as it happens. Then every Saturday I take the most interesting news items and blog posts from the past week and share them here.

International P2P Lending Services – Loan Volumes December 2014 from Wiseclerk – The monthly numbers from all the major European platforms.

Funding Circle Undergoes Severe Stress Testing from AltFi – The largest P2P business lender has conducted a stress test of its own loan book.

2014: The year fintech became a thing from Tech City News – Fintech, as in financial technology, had a big year in 2014.

Lending Club Executive Joins CircleUp Board of Directors from Crowdfund Insider – Scott Sanborn, the #2 man at Lending Club, has joined the board of equity crowdfunder CircleUp. raises capital from a clutch of investors to fuel expansion from The Economic Times – Marketplace lending is just getting going in India with Faircent one of the leading players.

Lending Club’s IPO and the Unravelling of the Banking System as We Know It from Huff Post Money – The rise of Millennials is going to have a dramatic impact on the banking system.

Starting 2015 with Community, Quality, Partners and Focus from Prosper – New Year letter from CEO Aaron Vermut explaining why Prosper is growing so fast.

My Returns at Lending Club & Prosper for 2014Q4 – 12% ROI from LendingMemo – The quarterly returns report from Simon of LendingMemo.

Everything You Need to Know About Lending Club from The Motley Fool – While I wouldn’t say this is everything you need to know it provides a decent primer for the uninitiated.

Online Lending Is the New Normal from Credit Union Magazine – Credit Unions have remained silent for the most part on marketplace lending, maybe that is about to change.

AltFi Down Under – An overview of the activity from AltFi – The marketplace lending industry in Australia is going to have a big year in 2015.

Vouch Helps Lower Interest Rates On Loans By Leveraging Your Social Network from Techcrunch – Is Vouch the future of marketplace lending? Using your social network to get a better rate on loans.

LendingClub Corp (LC) Should Buy a Super Bowl Ad, Says BTIG from ValueWalk – Some people think Lending Club should buy a SuperBowl ad (I am not one of them).

Lending Club Adds Another Partnership with SCORE as it Pushes Further into Business Loans from Crowdfund Insider – Lending Club announced two major partnerships this week both centered around small business owners.

P2P loan trust launches £200m share issue from Citywire Money – P2P Global Investments, the first publicly traded P2P lending fund, is raising another £200 million.

From the Lend Academy Forum

The Lend Academy forum is where investors go to discuss p2p lending. Below are some topics that were being discussed this week.

Lenders population breakdown – Who is investing in P2P loans these days?

No 10:00 release? – A hiccup in Lending Club’s available loan download turns into an interesting discussion on loan buying patterns.

How do I price/discount a note on a payment plan? – Some Lending Club notes are current but on a payment plan; a discussion of how to price these notes,

  • Peter Renton

    Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.

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