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.
Revising my critical review of The Lending Club from CBS Money Watch – Allan Roth, a Certified Financial Planner, rethinks his take on Lending Club after the Adjusted NAR change this week.
Peer-to-Peer Lending: Why You Won’t Lose Money from Birchmere Advisors – How does this new asset class minimize downside risk?
Nicola Horlick To Enter P2P Finance Space With Money&Co from Crowdfund Insider – Apparently this investment fund manager is quite a big deal in the UK and she has decided to take on p2p lending.
Recovery Rates for Lending Club from Orchard – Analysis of how much money is recovered at Lending Club once a loan is charged off.
Exclusive: Aaron Vermut on Prosper’s Rebirth into a Contender from LendingMemo – Excellent in-depth interview with Aaron Vermut, president of Prosper.
Crowdfunding Investors Buy Monterey Shopping Center from CBS SF Bay Area (video) – Realty Mogul investors pooled their money to invest in this shopping center.
Why Now Is the Time to Seek Startup Funding from Entrepreneur – We are entering a new age of access to capital for small business owners.
Lending Club Adds NSR-Like Return Model from Nickel Steamroller – More commentary on the recent Lending Club change.
How to Fund Business Loans Online from Bloomberg TV (video) – Short interview with Funding Circle USA co-founder Sam Hodges.
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.
Starting today, Folio prevents selling notes with processing payments – Discussion of the recent changes to the Folio trading platform at Lending Club.
Adjusted Net Annualized Return – Discussion of the other major change at Lending Club this week.
FolioFN and Payments Received – The Folio changes get a lot more discussion in this thread.
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.