Nickel Steamroller 2.0 Launches With Support for Both Lending Club and Prosper Investors

Nickel Steamroller logo

For more than two years now Nickel Steamroller (NSR) has been the leading resource site for Lending Club investors. But for Prosper investors Prosper Stats has been the goto site. Last night, in what is certainly the biggest development for serious p2p investors in a long time, NSR 2.0 launched with the best of both these worlds.

A Complete Lending Club and Prosper Resource

There are so many great things to say about NSR 2.0 I barely know where to begin. For a start, Michael Phillips, the founder of Nickel Steamroller, has teamed up with Rocco, the founder of Prosper Stats, to provide a one stop resource for investors in the two leading p2p lenders. There is complete filtering and analysis available now for both platforms in the one place. Analyzing the loan history for both Lending Club and Prosper is vastly improved and that in itself is easily the most extensive tool ever created for retail investors.

I have been using the beta of NSR 2.0 for a couple of weeks now and I really believe it is a game changer. I love having all my filters for both Lending Club and Prosper in the one place. There is also way more data to inquire on than ever before. Because it is using the APIs of Lending Club and Prosper the data available for filtering is more extensive than what either platform provides for their retail investors. Not only that but you can download your portfolio for both Lending Club and Prosper – while that feature has been possible on Lending Club for years it has never been available for Prosper investors until now.

Auto-Invest is Coming for Lending Club and Prosper

[Update: An earlier version of this article indicated that the auto-invest feature was live. That was a misunderstanding on my part. The intention is to make it live at some point but it is not live yet.]

Once you create an account at NickelSteamroller.com you can enjoy all the features of NSR 2.0. You can take advantage of the huge number of filtering options and you can then save these filters for later use. Eventually, you will be able to use these filters to setup an auto-invest.

Even without the auto-invest feature NSR 2.0 has the most features of any resource site out there. And I love the fact that I can do all my analysis on the one site. This evolution of Nickel Steamroller is a welcome improvement for all serious individual investors.

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