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Peer to Peer Lending News Roundup – May 31, 2014

May 31, 2014 By Peter Renton Leave a Comment

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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.

Inside the peer-to-peer lending market from Fox Business (video) – Ron Suber, president of Prosper, was on Fox Business this past week discussing his company and p2p lending in general.

Peer-to-Peer Lending shoots past the £1.5 Billion Mark – sector grows 50% in just 5 months! from AltFi – It has been a great start to the year for p2p lending in the UK.

Intra-Month Patterns in Loan Listings from Orchard – A detailed look at the intra-month loan listing patterns on Prosper.

Square’s New Business Strategy: Lend Money to Small Businesses from Mashable – Following on the heels of Amazon, Paypal and Google Square is becoming a small business lender.

Fundrise, a Crowdfunding Website, Raises $31 Million from The New York Times – The online real estate lending market is hot right now as evidenced by this large capital raise by Fundrise.

Growing Small Businesses by Peer-to-Peer Lending from BloombergTV (video) – On the UK version of Bloomberg James Meekings talks about his company, Funding Circle.

Predicting the Number of Payments in Peer Lending from LendingRobot – A detailed statistical analysis for calculating portfolio returns.

Words of Wisdom from Prosper’s Ron Suber: The Key to P2P is “EAU” from Pave – Great coverage of the Marketplace Lending Meetup this past week in New York City.

A Visit With Assetz Capital from Wiseclerk – An excellent look at one of the fastest growing p2p lenders in the UK.

Meet the New LendingMemo: Peer to Peer Lending Made Easy from LendingMemo – Simon gives LendingMemo an overhaul and emerges with a fresh, new look.

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.

How will the IPO effect the secondary market? – Lending Club’s IPO will mean investors from all 50 states will be able to participate on the primary platform.

Available Cash N/A – Some investors noted some odd behavior on Lending Club’s site this past week.

Daily Note Price History – Can you track your notes sold on Folio after they have been sold?

 

 

 

 

Filed Under: Peer to Peer Lending

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LendIt Fintech News, Powered by Lend Academy, has been bringing you all the news and information about fintech and online lending since 2010 when it was founded by Peter Renton. We not only have the industry’s most active news site, but also the largest investor forum and the first and most popular podcast.

We are a team of fintech enthusiasts who have been covering the industry for many years. With a deep knowledge of online lending, digital banking, blockchain, artificial intelligence and more our team covers the daily news and writes in-depth editorials.

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