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