Peter is on vacation this week, so I have put together the news roundup. During the week we share the latest marketplace lending news on Twitter as it happens. Then every Saturday we take the most interesting news items and blog posts from the past week and share them here.
The P2P Explosion: Business Models May Change, but Risks Still Need to Be Managed from Global Association of Risk Professionals – Risk professionals are starting to take marketplace lending seriously.
Slides of Keynote Presentations Available Now – LendIt USA form the LendIt Blog – All the presentations from the two main tracks at LendIt USA are now available.
Sam’s Club Adds New Services for Small-Business Owners from Entrepreneur – Sam’s Club has partnered with Lending Club to offer business loans.
Learnings from LendIt USA 2015 from Orchard – Orchard posts learnings from LendIt USA and the state of marketplace lending.
Are We in a Peer to Peer Bubble? from Crowdfund Insider – A look at whether or not we are in a p2p lending bubble.
Funding Circle Raises Another $150 Million from The New York Times – More coverage of the big Funding Circle announcement in The New York Times.
Lending Club feeds growth needs by doubling S.F. office footprint from San Francisco Business Times – Lending Club continues their expansion into new office space.
Lending Club Wants to Broaden Its Membership from Bloomberg Business – A look at the new Lending Club small business partnerships.
LendIt 2015 Recap: Online Lending Innovation Beyond Just Student Loans from the Huffington Post – Another wrap up of LendIt USA.
China Rapid Finance Makes 800,000 Loans in 2 Months from AltFi – In China lending via smartphones is booming. Look at some of the numbers in this article from AltFi.
German Online Loans Platform Smava Raises $16M from TechCrunch – News out of Germany of Smava, a new p2p lending company raising another $16M for a total of $30M.
How Marketplace Lending is Disrupting Consumer Loans in Canada from Crowdfund Insider – Feature of the p2p lending players in Canada.
How to Invest through a Folio Trading Account at Lending Club from LendingMemo – Simon reviews investing in the secondary market in detail.
From the Lend Academy Forum
The Lend Academy forum is where investors go to discuss p2p lending. Below are some topics that were being discussed this week.
New Feature: “Multiple Dates” on Loan Payment History – Lending Club is now listing multiple payments in the same month separately.
Percent of Loan in Not Yet Issued Status – A forum member asks about the percentage of not yet issues loans compared to their total number of loans.