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.
In this first full week of 2014 there were so many great articles published about p2p lending I had to pare down the list. Here is my top 10 most interesting articles from the week.
Borrowers Hit Social-Media Hurdles from The Wall Street Journal – I know not everyone subscribes to the Wall Street Journal but to me this was the most important article of the week showing how the underwriting of borrowers is changing.
Loan Quality for 2013: Prosper from Orchard – Despite the dramatic increase in loan volume the quality of borrowers at Prosper has slightly improved in recent months.
Lending Club Loan Availability in Second Half of 2013 from Peercube – Several charts here that show when the most loans become available at Lending Club on average.
Funding Circle pass £200 million in loans from P2P Money Blog – The peer to business lender, Funding Circle, passed on important milestone this past week.
Alternative Lenders Peddle Pricey Commercial Loans from The Wall Street Journal – A look at some of the online small business lenders like OnDeck, Kabbage and CAN Capital who collectively lent around $3 billion to small businesses last year.
Peer-to-Peer Lending Opportunities Opening up for Advisors from WealthManagement.com – from Ranger Capital fund manager Bill Kassul on why p2p lending is gaining a foothold with professional money managers.
What is Peer to Peer Lending? – Whiteboard #1 from LendingMemo – A great introductory video that you can send to your friends who have never heard of p2p lending.
Peer-to-Peer Lending: Ready to Grow, Despite a Few Red Flags from Knowledge@Wharton – A detailed article about the current state of p2p lending although there were a couple of minor inaccuracies.
Ron Suber: Prosper Keynote Presentation, CrowdFinance 2013 from YouTube (video) – Prosper’s Ron Suber gives the closing keynote at the CrowdFinance in December with an impromptu introduction from yours truly.
P2P lending service Renrendai handed $130 million from Tech in Asia – The Chinese p2p lending market is hot right now demonstrated by this huge equity investment.
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.
“Now Current” notes at ever-increasing discounts – Are there less buyers on Folio lately leading to lower prices?
BlueVestment Offering Free Auto-Invest – Bluevestment, an auto-invest service for Lending Club investors, has switched to a free service.
Building an API – This Lending Club investor wants to build his own tool for investing via the API.
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. 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.