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.
Second p2p lender receives licence from NBR – New Zealand has its second p2p lending to receive a licence with the approval of LendMe by the FMA.
Consumer Credit Trends – Q1 2015 Prosper Update from Orchard – Delving into the Prosper data from 2013 and 2014.
Interview with Patrick de Nonneville, COO of Lendix from P2P-Banking – Lendix is a new business lender in France that launched last month.
FinTech Unicorn List: 36 Companies + 34 More Closing In from Finovate Blog – Lending leads the way in the Finovate annual unicorns list.
For Lending Start-Up, a Man Who’s Been Through a Few Cycles from The New York Times – Good piece on Bond Street about the importance of experience in lending startups.
As Money Pours Into Peer-to-Peer Lending, Some See Bubble Brewing from Bloomberg Business – The bubble talk keeps appearing, this time in Bloomberg.
Vouch Raises $6 Million for Loans Backed by Borrower’s Social Network from The Wall Street Journal – Following on from their seed round in December, Vouch has raised a $6 million Series A.
Peer-to-Peer Lenders Shake Up Business Loan Market from Financial Advisor Magazine – More coverage of the hearing on Capitol Hill this week.
SoFi CEO: Expect an IPO in Next 12 Months (Video) from Crowdfund Insider – LendIt USA Innovator of the Year SoFi is also on the CNBC Disrupter 50 list.
Why I skipped the bank and took out a loan from my ‘peers’ from The Associated Press – Great borrower story and an in depth look at who invested in his loan.
Top Peer-To-Peer Lending Markets: The leading countries for alternative finance and the next high-growth markets from Business Insider – A new report analyzing the most successful p2p lending markets globally.
Interview with Peter Schierenbeck, CMO & co-founder of Lendify from P2P-Banking – Good interview with the co-founder of Lendify, a new consumer platform in Sweden.
Regulatory Road Likely to Get Bumpier for Alternative Lenders from American Banker – On a week when we had the first congressional hearing on p2p lending, where will regulation end up?
Interest Rates (and Returns) at Lending Club Keep Dropping from LendingMemo – Great analysis from Simon on interest rates & returns at Lending Club
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.
When does Prosper post new loans? – A forum member asks about when Prosper lists new loans and others chime in on how they list loans over several minutes instead of one big drop.
Debt disruptors yet to face test from a downturn – Forum members discuss an article which touches on the topic of what happens in a downturn.
Prosper API Changes – Loan number and listing number are being removed from the Prosper API.
