Many Lend Academy readers use the Foliofn trading platform (also called the secondary market) a lot. For some investors it...
A few weeks ago, Lending Club investors received an email notifying them that Lending Club would be introducing a new...
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Lending Club has announced the creation of five year loans, adding a longer term peer to peer loan alternative that...
Now that tax season is behind us many of us will be wondering what to do with our tax refunds....
It was nearly a year ago when an astute Lend Academy reader first noticed Lending Club’s plan to start a...
Lend Academy provides insight on online lending performance trends in their article; details interest rate changes and trends from 2010 to present; from 2010 to 2014 returns were relatively stable; in 2015, Lending Club interest rates increased with the Fed's first rate increase in many years however the rate increases were primarily focused on the higher risk loans; capital market investors began slowing investment in 2015 and reduced investments even further after the resignation of Lending Club CEO Renaud Laplanche in May 2016; interest rates at Lending Club have been gradually rising since late 2015, specifically in the higher risk loans; rate increases were put in place to help to offset some degradation in performance; Lend Academy will explore recent vintage performance in part two. Source
The Lending Club news hit over a month ago now, but there has been plenty of talk since then about...
It has been about four months since I gave an update on my wife’s Lending Club PRIME (link to my initial...
I reflect on ConsenSys acquiring a broker/dealer focused on municipal bonds, and why we believe that blockchain-native platforms are a fantastic fit for this $4 trillion asset class. Can direct holding of franctional munis enable deeper community participation and usage of common resources? Are there new sources of liquidity to unlock? At the same time, there are real dangers. I compare the evolution of digital lenders and their funding sources against the current possibilities in municipal bond markets. We also look into the reasons that some innovative Fintechs have failed to achieve their stated missions, and what can be learned and done better.
Yesterday Lending Club released their latest 10-Q filing that they are required to submit every quarter to the SEC. This...