Marketplace Lending News Roundup – March 21, 2015

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.

Prosper Marketplace Selects Utah for Sales Headquarters from UtahPolicy.com – The Prosper team is expanding to a new state, Utah, setting up their sales division there.

Simulation of Variance in Investment Outcomes from Orchard – Interesting simulation of random Prosper portfolios.

P2P Lending – a View from Australia from P2P-Banking – The state of p2p lending market in Australia by the founder of one of the new platforms there.

A Shadow Banking Sector has Gotten 65 Times Larger from CNBC – I wouldn’t call it shadow banking, but alternative lending is booming today – featuring Prosper.

Budget 2015 Review: Key Takeaways for the Alternative Finance Space from AltFi – The UK Budget was released yesterday with good news for the p2p lending industry there.

The 5 Fastest-Growing Industries in the U.S. from Inc. – One of the fastest growing industries in the US is p2p lending according to Inc.

Banking is dead, long live banking from Hopes&Fears – Interesting interview about the end of banking w/ Jonathan MacMillan, a recent guest author on LendAcademy.

Industry Profile – George Shapiro from Orchard – Great profile of George Shapiro of Interface Financial who are shaking up invoice financing.

Alternative Lending Becomes Traditional from the LendIt Blog – Joshua Schnoll of FICO talks about alternative lending going mainstream.

Treasury Confirms Tax Free Peer-to-Peer Lending from April 2016 from Zopa – In the UK p2p lenders are getting favorable tax treatment in this change by the Treasury there.

To Build or to Buy? The Question for Every Marketplace Lender from the LendIt Blog – Every new marketplace lender needs to decide on an IT strategy: build or buy?

Peer to Peer Lending: a Great Loan and a Smart Investment from LendingMemo – Simon provides a great primer for new investors and borrowers.

Lending Club Store’s Grand Opening from Lending Club – Want some Lending Club gear? You can now buy all kinds of LC branded products.

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.

401k Question from a Newbie – Great discussion about taxes and investing in peer to peer lending in an IRA.

Speed of New Funds Deployment – An investor asks how long it would take other investors to fully invest $10k.

Insuring Loans – A reader asks about the potential business of insuring p2p lending loans.

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jason h
jason h
Mar. 23, 2015 4:10 pm

It is definitely Shadow Banking based on the definition of Shadow Banking which is basically entities that perform banking functions but are not regulated as banks.