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.
Why Banks Want In on Peer-to-Peer Lending from Bloomberg (video) – Interview with Orchard CEO and Co-Founder Matt Burton.
Prosper is Now $2 Billion Strong from Prosper – Prosper is celebrating this milestone with a photo/video contest for borrowers and this cool infographic.
PwC joins forces with MarketInvoice to help small businesses from The Telegraph (UK) – First Funding Circle now MarketInvoice – PwC is supporting p2p lending platforms now.
Get Out of Credit Card Debt — With a Little Help From Your Peers from Huffington Post – Beginners guide to p2p lending for borrowers.
P2P Lending Platform Peerform’s Gregg Schoenberg: “You Are Creditworthy” from Crowdfund Insider – Interview with Chairman of Peerform about how they are different.
Pros and cons of peer-to-peer lending: Sean Emery – CEO, RainFin from Moneyweb (South Africa) – Interview with the CEO of South Africa’s first p2p lending platform.
Allocating to Marketplace Lending from LinkedIn – Some interesting thoughts from James Alexander about choosing an asset manager for marketplace lending.
Returns without the Work: Lend Academy Managed Accounts from P2P Lending Expert – Review of our investor presentation in Atlanta this past week.
Credit Suisse jumps on Peer-to-Peer bandwagon from Altfi – Credit Suisse has launched a $25 million “Education Note” with Prodigy Finance.
This Investment Has 20 Straight Years of Positive Returns from LendingMemo – A look at Prime Consumer Credit and the returns this asset class has produced.
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.
Does “sell on FICO drop” strategy really work? – Many LC investors like to sell notes on Folio when they see the borrowers credit score dropping.
New note selection model & website. Would love feedback – Another option for investors looking for help choosing notes.
Calculating actual days late – How to work out the actual number of days late a loan is at Lending Club.
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.