Roundup of Social Lending News – December 3, 2011

Every Saturday I bring you the latest news from the world of peer to peer lending. These are the best of the news articles and blog posts from around the web that I shared on Twitter this past week.

The big news this week was another record month for Lending Club and Prosper, the growth just keeps coming. And the folks at Lending Club have to be doubly pleased this week. Not only did they have a record month of over $28 million in new loans issued they were also included in Forbes magazine’s list of America’s most promising companies. You can read the press release about it below. Enjoy your weekend.

Smart Peer Lending – Lending Club Loan Recommendations

Lending Club (Press Release) – Lending Club Named to Forbes’ America’s Most Promising Companies List

Medill News Service – Legislation would ease restrictions on peer-to-peer lending

Nickel Steamroller – Lending Club Declined Applications

The White Coat Investor – Peer to Peer Lending and State Residency

Technology Spectator (Australia) – Social lending’s regulatory killswitch

P2P Lending News – Prosper and Lending Club Issued $37.4 Million in Loans in November

Prosper (Press Release) – Prosper Announces Support of UK Peer-to-Peer Finance Association

  • 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.