Roundup of Social Lending News – September 10, 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 biggest news story of the week was the announcement by Lending Club of their largest investor ever. The news of this $25 million investment was picked up by many places around the web and you can read the articles from Bloomberg and Benzinga below. Have a great weekend.

Bloomberg – LendingClub Lures Investors as Consumer Loan Rates Top Bonds

Benzinga – Consumer Loan Rates Surpass Bonds, Boosting Lending Club’s Popularity

Cincinnati.com – SoMoLend launches with investment

Paul Allen – How Crowd Funding and P2P Lending could jump start our job creation engine

P2P Lending News – Nickel Steamroller Implements Estimated ROI Statistics Tool

Lending Tuber – Loan Description Length: Prosper

Yakezie – Understanding Social / Peer-to-Peer Lending With Prosper.com

Sweating the Big Stuff – Lending Club PRIME: Concierge Service

  • 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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