During the week I share the latest marketplace lending news on Twitter as it happens. Then every Saturday I take the most interesting news items and blog posts from the past week and share them here.
The LendIt Story from deBanked – Nice feature in deBanked with comments from my partner Jason Jones on the LendIt story.
Bank of America is testing employee-less branches to serve digital-first customers from Tradestreaming – Bank of America is experimenting with a new kind of digital strategy.
An Ivy League professor who spent 4 months working in a South Bronx check-cashing store says we’re getting it all wrong from Business Insider – Fascinating account by Lisa Servon of her time spent working at a check cashing store.
Investing in the Next Phase of LC Advisors from Lending Club – I received this email from Lending Club this week. A new diversified fund is coming from LC Advisors.
Investors sneeze at P2P trust’s ‘seasoning’ from Citywire – Simon Champ explains the poor performance of his P2PGI fund in 2016.
Weekly Industry Update: February 12, 2017 from PeerIQ – The latest PeerIQ newsletter focuses on the recent Trump administration Executive Order on fintech regulation.
A US online lender keeps its millennial customers by helping them find jobs (and friends and life partners) from Quartz – Good rundown on what makes SoFi different and why their members love them. [Read more…]