Learn the Basics of Borrowing and Investing with Peer to Peer Lending

Subscribe to our weekly newsletter and get access to exclusive content plus a free copy of our ebook, “Understanding Peer to Peer Lending” (updated monthly).

$177 Million Issued Through the Prosper Platform in October

November 5, 2014

October was another milestone month at Prosper. With $177 million in new loans they crossed $2 billion in total loans. This comes just six months after crossing $1 billion back in April and keep in mind their first billion took nearly eight years to complete. The last couple of months Prosper’s growth has slowed somewhat [...]

2 comments Read the full article →

Lending Club IPO Packs More than the Usual Legal Drama

November 3, 2014

[Editor's Note: This is a guest post by Brian Korn. He is the Co-Head of the Crowdfunding and Peer-to-Peer Lending Group at Pepper Hamilton LLP. Brian has become one of the leading legal experts in the country on p2p lending and he is a regular speaker at industry conferences. We asked him to write about [...]

13 comments Read the full article →

Peer to Peer Lending News Roundup – November 1, 2014

November 1, 2014

During the week I share the latest p2p 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. Why Banks Want In on Peer-to-Peer Lending from Bloomberg (video) – Interview with Orchard CEO and Co-Founder Matt Burton. Prosper is [...]

0 comments Read the full article →

Podcast 26: Brendan Ross of Direct Lending Investments

October 28, 2014

Brendan Ross is the founder and president of Direct Lending Investments which is the general partner of a fund focused on high-yield, short term small business loans. I am an early investor in Brendan’s fund and last year I profiled Brendan’s fund. His fund has grown a great deal since its launch almost two years [...]

17 comments Read the full article →

Dianrong.com Enters the Big Leagues with Two Major Announcements

October 27, 2014

Soul Htite (seated in the center in the above photo) is a very brave entrepreneur that has done something remarkable that very few people have ever attempted and even fewer have succeeded.  Soul is the co-founder and former Head of Technology at Lending Club.  A few years ago, he chose to walk away from Lending [...]

2 comments Read the full article →

Peer to Peer Lending News Roundup – October 25, 2014

October 25, 2014

During the week I share the latest p2p 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. This was one of the busiest weeks of p2p lending news for quite some time. We had the Lending Club, Orchard [...]

15 comments Read the full article →

CommonBond Introduces an Industry First: An Adjustable Rate Loan

October 24, 2014

Student lender CommonBond (profiled here last year) has created a first in the p2p lending industry: an adjustable rate loan. Adapting the popular adjustable rate mortgage loan from the real estate industry their new 10-year loan product has both a fixed and a variable component. The CommonBond Hybrid Loan CommonBond is calling it a “Hybrid Loan” [...]

0 comments Read the full article →

Orchard Lands a $12 Million Investment from Some of the Industry’s Biggest Names

October 21, 2014

When I profiled Orchard back in February, the company was just a few months old and fresh off a $2.7 million funding round. But that wasn’t your typical seed round—Orchard attracted the likes of Vikram Pandit, the former CEO of Citigroup and Tom Glocer, the former CEO of Reuters as investors in that round. While [...]

2 comments Read the full article →

Lending Club Reserving Shares in their IPO for Retail Investors

October 20, 2014

Today, Lending Club released an updated S-1 filing for its upcoming IPO. In this document is the long awaited confirmation that Lending Club will be reserving shares in their IPO for retail investors. This is something that has been hinted about before and when I interviewed Lending Club CEO Renaud Laplanche recently on the Lend [...]

30 comments Read the full article →

Peer to Peer Lending News Roundup – October 18, 2014

October 18, 2014

During the week I share the latest p2p 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. Short Term Small Business Lending: The Sweet Spot for Investors? from AltFi – I love small business and I also think [...]

0 comments Read the full article →
Real Time Analytics