During the week I share the latest marketplace lending and fintech 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. Business-Loan Drought Ends for Banks from The Wall Street Journal – According to data from the Federal Reserve […]
Today’s News
- British Business Bank in Talks to Back £150m of Funding Circle LoansThe British Business Bank, a UK government entity, is tasked with stimulating the supply of capital to UK small businesses. They have been investing in Funding Circle loans for many years. The BBB is considering an investment of £150 million in the Funding Circle SME Income Fund (FCIF), a publicly traded investment trust according to […]
- Venmo Makes Payments Easy but Mistakes are Hard to ReverseMoney transfer services have become all the rage recently as apps like Venmo make it easy and fun to pay friends and family; but as many people know if you accidentally send funds to the wrong person you are unable to reverse a payment; instead you have to rely on the person to pay you […]
- New LendingClub Account Performance – Q2 2018Our staff writer, Ryan Lichtenwald, shares the first returns of his new account at LendingClub. His $5,000 portfolio was fully invested last quarter using LendingClub’s automated investing service. He shares details of the allocation by loan grade as well as the overall performance to date, noting that the stated returns are not realistic long term […]
LATEST PODCASTS
Podcast 158: Cameron Stevens and Joel Frisch of Prodigy Finance
When it comes to graduate school there are a subset of students who are attracted to leading institutions outside their home country. These are often people with great earning potential but because they have moved internationally they have great difficulty in obtaining financing. Our guests on the podcast today are doing their best to solve […]
Podcast 157: AdaPia d’Errico on Diversity in the Workplace
We are talking about a topic we have never covered here before on the Lend Academy Podcast but one that I consider to be very important: workplace diversity. Fostering workplace diversity is not just the right thing to do it also happens to be good for business. On today’s show I talk with fintech veteran, […]
Podcast 156: James Gutierrez of Insikt
I love creative approaches to helping the unbanked and underserved consumer. The promise of fintech is not just to bring cheaper, faster and better products for the already well-served consumer, it is to expand access to financial services for populations that have been outside the traditional system. My next guest on the Lend Academy Podcast […]