Prosper is Hosting a P2P Lending Summit

On Thursday of next week (November 3rd at 5pm Pacific) Prosper is hosting what it is calling a “P2P Lending Performance Measurement Summit”. It will be a webinar that will discuss the need for a performance measurement standard for the p2p lending industry.

Prosper is bringing in the heavy-hitters for this webinar. Attendees will hear from CEO Chris Larsen, EVP of Risk Management Jim Catlin and Chief Investment Officer Joe Toms. Here is what they will be discussing:

1) Consumer credit industry standards for measuring risk performance: the practice of analyzing loan vintages
2) Why Prosper reports Seasoned Returns, and why we think this measure is important
3) How p2p lending investors measure risk vis-à-vis return
4) Call for an industry standard on measuring p2p lending returns, and what Prosper is doing about it

By pure coincidence I will be in San Francisco next week (visiting both Lending Club and Prosper) so I will be attending this webinar in person. Should be interesting – you can sign up for it here.

[Update: Prosper has changed the registration for this webinar – it will now have video and the new registration is here.]

  • 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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