Peer to Peer Lending News Roundup – August 2, 2014

During the week I share the latest p2p 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.

UK P2PFA: Peer to Peer Lending Goes to Over £1 Billion in 2014 from Crowdfund Insider – The the UK p2p lending is growing fast, with the growth rate doubling over the last six months.

Investors help the rich pay off student loans from CNNMoney – Not exactly flattering coverage of the SoFi securitization but worth a read nonetheless.

Time to take a peer-to-peer loan? from Funding Circle – In the UK there has been a distinct lack of growth in small business borrowing.

Marketplace Lending Meets Cryptographic Currency – Bitcoin Lending on BTCjam from Orchard – While still in its infancy p2p lending with bitcoin is an interesting idea with potential.

Introducing Self-service Past Performance Data Analysis Tool from PeerCube – Another option for investors looking to analyze the historical performance of Lending Club and Prosper loans.

Lending Club or Prosper? 7 answers for borrowers from Magnify Money – Comparing borrower requirements at the two leading marketplace lenders.

A Closer Look at P2P Business Lending in the US from Connecting Dots – Money quote: “The lack of competition in the promising P2P business lending market makes the space highly lucrative.”

Ablrate – Invest in a P2P Loan With an Aircraft as Security from Wiseclerk – Yet another niche market now being served by a p2p lender: aircraft financing.

Why Peer to Peer Lending is Beautiful by LendingMemo – A detailed look at good credit and bad credit and the resulting impact on the borrower.

Prosper Marketplace Investing Review – 2 months in from Peer & Social Lending – New Prosper investor takes stock of his progress thus far.

Marketplace Lending: A Maturing Market Means New Partner Models, Business Opportunities from Cognizant (PDF) – Detailed 16-page report on the current state of marketplace lending.

Is Sparo, Which Makes P2P Lending More Public, the Next Big Thing? from Bank Innovation – A new p2p lending platform launches based on social networks.

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.

Account reaches it’s first birthday with a 9% Fully Paid status – Lively discussion about prepayment rates and their impact on returns.

Thoughts for retirement savings (case study) – Young investor wonders about his best strategy for saving for retirement.

Who’s putting money in this one and why? – Discussion of the merits or lack thereof of one particular loan listing.

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JJ Hendricks
JJ Hendricks
Aug. 5, 2014 12:22 pm

Loved that article on Bitcoin P2P site. Those are my two favorite financial innovations in the last five years combined into one product.