Peer to Peer Lending News Roundup – March 23, 2013

During the week I share the latest p2p 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.

AFR SocietyOne interview Online credit fills gap from SocietyOne – The Financial Review is Australia’s equivalent of the Wall Street Journal and they recently published an article about SocietyOne, Australia’s leading p2p lender.

Lending Club Loans – Principal Paid Back and Defaults from Random Thoughts – A look at the total amount of principal paid back over time.

New entrants in the P2P market from P2P Money Blog (UK) – In the UK p2p lending is thriving with several new entrants opening up shop this year.

Anthony Hilton: Peer-to-peer lender with a clever idea from the London Evening Standard – More innovation in the UK with the announcement of another peer to business lender, Relendex.

Lending Club Loans Issued Since 2010 – Principal Paid Back and Months of Payment from Random Thoughts – The fifth and final part in the series analyzing the time distribution of defaults at Lending Club.

Isepankur Launches Secondary Market – P2P Loans Now Tradeable from P2P-Banking – The Estonian p2p lender that is available to investors throughout the European Union adds a trading platform.

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.

A Vacation? Really???? – Discussion of loan purpose and whether it is wise to invest in borrowers who wants to use the loan proceeds for a vacation.

36 or 60? – Do Lending Club investors prefer to invest in 36 month or 60 month loans?

Originations seem to be back on the rise – Prosper is showing signs of a turnaround in March.

  • 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.