[Disclaimer: I am not an accountant nor am I qualified to provide tax advice. You should seek professional advice before taking action on any of the ideas presented here.] Every year we provide information related to filing your taxes as an investor in LendingClub and Prosper loans. Both platforms have been around for many years […]
Today’s News
- AI Can Usher in a New Era of ProsperityIn an op-ed in American Banker the CEO of Synchrony, Margaret Keane, discusses artificial intelligence and the impact it can have on financial services; she argues that it is not a question of people vs machines, people must always come first; she provides three guiding principles for companies looking at AI; business leaders have a […]
- Brendan Ross Has Resigned as CEO of Direct Lending InvestmentsBloomberg is reporting that beleaguered fund manager, Brendan Ross, has resigned as CEO of Direct Lending Investments; citing a letter that was sent to investors yesterday Brendan resigned as of March 18; the fund had suspended withdrawals after a borrower had defaulted on a loan that accounted for about a quarter of its capital; we […]
- Point Raises $22 Million in a Series B, $100 Million in Platform CapitalReal estate fintech Point has closed a $22 million Series B led by Prudential Financial and DAG Ventures; they also announced the commitment of $100 million of platform capital from Kingsbridge Wealth Management; Point has built a portfolio of home equity investments for single family homes; Here is the what the CEO of Point, Eddie Lim, […]
LATEST PODCASTS
Podcast 191: Johnny Reinsch of Qwil
The gig economy workforce is becoming larger all the time and is expected to become 50% of all workers by 2027. Yet the traditional financial system works best for the W-2 worker, someone who has a full time job. That obviously needs to change. Our next guest on the Lend Academy Podcast is someone who […]
Podcast 190: Karen Mills of Harvard
Small businesses are the backbone of this country and no one has done more to support them than our next guest on the Lend Academy Podcast. Karen Mills has been a venture capitalist for many years and was the head of the Small Business Administration in the Obama Administration from 2009-2013. So, she had a […]
Podcast 189: Jason Gross of Petal
The credit card space is ultra competitive. There are literally thousands of different card offerings for consumers today. It is a mature space but also one where that has not been a great deal of innovation, particularly when it comes to the non-prime consumer. Our next guest on the Lend Academy Podcast is Jason Gross, […]