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.
Fintech Fix: Prosper Outlines Response to Slowdown Concerns from The Wall Street Journal – Coverage of LendIt USA by Telis Demos in the Wall Street Journal including Ron Suber’s popular keynote.
“Easy Money Is No Longer Here:” Marketplace Lenders Facing Four Headwinds from Forbes – More coverage of LendIt USA and the changing tone of the marketplace lending industry in Forbes.
LendIt USA 2016 Day 1 Wrap Up from LendIt Blog – Great day at day one of LendIt USA 2016 – here is the brief wrap up on the LendIt blog.
Peter Thiel: Bloomberg West (Full Show 4/12) from Bloomberg – Yesterday Emily Chang interviewed Peter Thiel at LendIt USA – watch the highlights on Bloomberg.
Why Web lending is getting shunned by investors from CNBC – The mood has changed but the online lending industry is still booming says Ari Levy.
Prosper Talks With Goldman, Others to Replace Citigroup on Loan Arrangement from The Wall Street Journal – Prosper has ended their arrangement with Citi and is looking elsewhere. No more CHAI deals.
Chase Quietly Launches Its Online Small-Business Loan Platform from American Banker – Yesterday Noah Breslow of OnDeck announced at LendIt USA that their partnership with Chase has launched.
I hope we have regulation: Bizfi founder from CNBC – The morning after LendIt USA the CEO of Bizfi on CNBC talking about regulation and the future of fintech.
First European Marketplace Lending Securitisation Achieves Aa3 Rating from AltFi News – In the UK FundingCircle is completing the first ever marketplace lending securitization in Europe.
The subdued mood at the LendIt USA conference this week highlights why the UK market is increasingly the envy of the world from City A.M. – There was much talk of headwinds at LendIt USA this week – Christian Faes, CEO of LendInvest, says it is different in Europe.
Online lenders seek safe haven capital from Reuters – Prosper and other marketplace lending platforms are looking for new sources of capital.
Peer-to-peer SocietyOne completes $25m raising from The Australian – In Australia SocietyOne has raised $25M and has passed $100M in total loans originated.
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.
Third Party Automated Investment Services (LR/BV/NSR) Worth It? – Investors discuss the various third party tools.
Link between LC Stock price and the lack of BRV? – Forum members discuss what might be affecting Lending Club’s stock price.
Thoughts on Crowdfunding Real Estate Lenders? – Investors chime in on real estate crowdfunding.