Marketplace Lending News Roundup – November 26

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.

I hope everyone had a great Thanksgiving, as you can see it was a slow news week.

PeerIQ Weekly Update: November 20, 2016 from PeerIQ – The always excellent PeerIQ newsletter this week tackles the marketplace lending regulatory landscape.

Alibaba’s Ma proposes collaboration in fintech sector from South China Morning Post – Alibaba’s Ant Financial is a fintech behemoth and is already dominating financial services in China.

My second visit to Ghana: a lesson in gratitude from CommonBond – An inspiring message from David Klein in this season of giving thanks.

Southern Cross Partners Receives Peer-to-Peer License From The New Zealand Financial Markets Authority from Crowdfund Insider – A new p2p lending platform is approved in New Zealand – this one focused on property.

Autumn Statement: Fintech front of queue for £2bn innovation investment from Peer2Peer Finance News – The UK government continues to lead the world in supporting fintech with real money.

Life After Lending Club: How The Market Is Responding To The Problems Of 2016 from MonJa – Interesting analysis of marketplace lending in 2016 and a look ahead to the trends in 2017.

P2P market worth $10bn per year by 2020, suggests study from AltFi – Juniper Research says that marketplace lending and crowdfunding revenue will hit $10.5B by 2020.

Goldman Sachs Goes After Online Lenders With Video Ads from deBanked – Watch the new Marcus ads emphasizing their no origination fee approach.

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.

2015 & recent loan quality – Investors discuss recent performance of loans after Q3 2016 data.

LC vs. Prosper – Where are you investing? – Forum members share their thoughts on Prosper and Lending Club.

LC prepayments rising – Investors discuss why more borrowers might be prepaying their loans.

Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech.

LendIt Fintech conducts three conferences a year for the leading fintech markets of the USA, Europe, and Latin America. LendIt also provides cutting-edge content all year long via audio, video, and written channels.

Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series.

Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.

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