Peer to Peer Lending News Roundup – June 14, 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.

P2P Lending: Creating New Ways to Prosper from Crowdfund Insider – In depth profile of Prosper including a discussion with president Ron Suber.

Borrower Impact of Consumer Marketplace Lending from Orchard – Detailed analysis of some of the basic borrower information from Prosper’s loan history.

Peerform Boosts Team With Several Additions (press release) – Peerform adds a General Counsel and Business Development head as well as an advisory board member.

Lend Academy’s Peter Renton on the 2014 LendIt Conference from Equities.com – My interview about LendIt 2014.

Prosper Marketplace Names Nigel W. Morris to Board of Directors (press release) – Nigel Morris, co-founder of Capital One, returns to the Prosper board.

James Packer, Lachlan Murdoch eye stake in peer-to-peer lender SocietyOne from Financial Review – James Packer, Australia’s 3rd wealthiest person and Lachlan Murdoch, son of Rupert, are two of the most prominent business people in Australia and they want to get into p2p lending.

Lending Firm Expands to Phoenix from GlobeSt.com – Prosper has expanded their business operations and opened an office in Phoenix.

Marketplace Lending: An Online Alternative to Traditional Banking from MIAC – Great summary of the recent developments in the p2p/marketplace lending industry.

When 200 Ain’t Enough: Diversification vs. Risk in P2P Lending from LendingMemo – Interesting look at diversification with some excellent graphs of different loan grades at Lending Club.

How Bitcoin Empowers Global Peer-to-Peer Lender BTCJam from CoinDesk – For the adventurous investor the Bitcoin p2p lender BTCJam is starting to gain some traction.

Lending Club + IPO = ??? from SeekingAlpha – Emmanuel from LendingRobot discusses the upcoming Lending Club IPO.

Small Business Lenders Open Up to Cory Booker About Their High Interest Rates from Businessweek – New Jersey senator Cory Booker talks small business lending with OnDeck, Kabbage and others.

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.

New URL for Browsenotes Download – Many forum members use home grown automated tools for investing in Lending Club and there were some changes this past week that caused problems for these programs.

Regression Trees –  The statisticians here discuss regression trees for Lending Club data.

Two New Articles from New Jersey Guy about his Penny Notes strategy – Discussion of the strategy used by New Jersey Guy to buy seasoned notes.

  • Peter Renton

    Peter Renton is the chairman and co-founder of Fintech Nexus, the world’s largest digital media 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.