• Subscribe
  • Contact Us
  • About LendIt Fintech News
  • Home
  • Menu Item
  • Menu Item
  • Menu Item
  • Menu Item

Lend Academy

LendIt Fintech News: Daily Coverage of Fintech & Online Lending


  • Editorial
  • Daily News
  • Podcast
  • Investor Forum
  • Events

Marketplace Lending News Roundup – March 12, 2016

March 12, 2016 By Peter Renton Leave a Comment

Views: 895

News

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.

Zopa aims for enough growth to stop explaining its name from The Telegraph – Good profile of Zopa and the UK p2p lending market in The Telegraph.

Europe ABS Bankers Eye Loan Markets Designed to Sidestep Banks from Bloomberg – The securitization market for p2p lending will get going in the UK this year.

SoFi Said to be Exploring Launch of REIT as Range of Services Expand from Crowdfund Insider – SoFi keeps breaking new ground, now they are looking to start a REIT.

Profiting from Peer-to-Peer Lending from AARP – The AARP has a story out this week on p2p lending – I think it is a great option for retirees.

Marketplace Lending Vintage Performance from Orchard – Orchard analyzes charge-off rates by FICO scores for LendingClub and Prosper.

Online Lender SoFi Launches Hedge Fund to Buy Its Own Loans from The Wall Street Journal – More SoFi news – this time in The Wall Street Journal. They are launching a hedge fund.

Growth of Financial Tech Industry Requires Unified Regulation from The New York Times – More on fintech regulation and what might be coming.

Online Finance Draws on Geographical Data, Raising Questions from The Wall Street Journal – Many investors, myself included, have used state as a filter when investing in marketplace lending loans.

The Short History And Long Future Of The Online Lending Industry from Forbes – Great opinion piece by marketplace lending skeptic Matt Harris in Forbes. Don’t agree with everything but it is a must read.

Why FinTech is the WORST. from Medium – A sobering reminder that we are in a very challenging industry by Savneet Singh.

Lending Club CEO: Not Seeing Broad Credit Deterioration (Video) from Bloomberg – Renaud Laplanche, CEO of Lending Club, talks about their stock price, regulation and the economy.

Impressions from the P2P Investing Day in Prague from P2P-Banking – Investors and p2p lending platforms from Central and Eastern Europe gathered in Prague this week.

Bondora Has Now Processed Over € 1 Billion in Loans from Crowdfund Insider – European p2p lending platform Bondora has reached the milestone of €1B in loans processed.

This student-loan startup says it has the killer feature to beat big lenders from Yahoo Finance – The competition in student loans is heating up with Earnest emerging as one of the new leaders.

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.

Are there enough loans or are the big banks taking control? – Investors discuss time to fund for loans on Lending Club.

Credit Card / Debt Consolidation – An investor asks about the difference between borrowers who select a loan status of debt consolidation versus credit card.

Where are the 36’s? – Lending Club investors discuss recent loan availability on the platform.

LC just increased loan limit from 35k to 40k – The forum discusses Lending Club’s recent move which increased the max loan size to $40,000.

Filed Under: News Roundup

Views: 895

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Investor Intelligence

Peter Renton's Returns

Investor Forum

Lending Club Review

Prosper Review

Investor Resources

Most Popular Editorials

The Pure Marketplace Lending Model is Dead, the Hybrid Takes its Place

The 2018 Lending Club and Prosper Tax Guide

My Returns at Lending Club and Prosper

Map of Available States for Lending Club and Prosper Investors

Banks and Marketplace Lending Platforms: Ideal Partners?

Subscribe to the Podcast

Subscribe to the Lend Academy Podcast on iTunes
Subscribe to the Lend Academy Podcast
List of Podcast Episodes

Archives

Follow @LendAcademy Follow @LendIt

ABOUT LENDIT FINTECH NEWS

LendIt Fintech News, Powered by Lend Academy, has been bringing you all the news and information about fintech and online lending since 2010 when it was founded by Peter Renton. We not only have the industry’s most active news site, but also the largest investor forum and the first and most popular podcast.

We are a team of fintech enthusiasts who have been covering the industry for many years. With a deep knowledge of online lending, digital banking, blockchain, artificial intelligence and more our team covers the daily news and writes in-depth editorials.

Recent Editorials

  • Top 10 Fintech News Stories for the Week Ending January 16, 2021
  • Podcast 281: Sean De Clercq of Kickfurther
  • Upgrade Launches a Rewards Checking Account
  • Affirm’s IPO Takes Off Like a Rocket Ship
  • Fintech Lenders and Banks Are Ready for PPP Round Two

Copyright © 2021 · Metro Pro Theme on Genesis Framework · WordPress · Log in