Peer to Peer Lending News Roundup – December 7, 2013

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.

P2P Lending Services – Loan Volumes November 2013 from Wiseclerk – The monthly volume from the major European and U.S. p2p lenders.

Originations by Business Day and an Eventful November from Orchard – Analysis of the aveage loan amount originated by business day for both Lending Club and Prosper.

P2P Lender Lendico Launches in Germany from Wiseclerk – A new well-funded p2p lender launches in Germany.

Autumn Statement 2013: Peer-to-peer ‘to be included in Isas’ from The Telegraph (UK) – Isas are tax free accounts and are very popular in the UK; soon UK investors will be able to add their p2p lending accounts as an Isa option.

Lending Club Review for Borrowers: 5 Steps for a Personal Loan from LendingMemo – A very detailed review of the step-by-step process of obtaining a loan at Lending Club.

PROSPER INCREASES DAILY ORIGINATIONS IN NOVEMBER from Prosper – The regular letter from Prosper president, Aaron Vermut, on their recent growth.

Old Guard of Banking Sets Out to Disrupt It from The Wall Street Journal (subscription required) – A look at some of the big names behind Orchard (I will have a profile of them on the blog next week).

Lending Club Platform Surpasses $3 Billion in Personal Loans (press release) – Another milestone was hit by Lending Club this past month.

Lending Club – Adding Investor Comparisons and Pushing PRIME from Write Your Own Reality – Another look at the changes on Lending Club this week.

Helping Big Get Small from This is going to be BIG… – Orchard recently closed on their first funding round; here is the perspective of one of their investors.

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.

Understanding Your Returns Page – Discussion and user sharing of the cool new graphs at Lending Club. Some very impressive light blue dots here.

Tradable and Non-Tradable Notes? – What are these non-tradable notes at Lending Club?

Wonder if anyone else has experienced this… – It is possible to invest less than $25 in a note on Prosper although only in certain circumstances.

 

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