Peer to Peer Lending News Roundup – September 27, 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.

With Karrot, Kabbage Digs Into Lending Club’s And Prosper’s Consumer Loans Business from Techcrunch – Kabbage have done some groundbreaking work in small business loans; now they are taking on Lending Club and Prosper in consumer loans.

ALIBABA AIMS FOR $160 BILLION IN P2P LOANS IN CHINA from PYMTS.com – Alibaba didn’t have a p2p lending operation six months ago and they expect to be the world’s largest online lender by the end of next year.

The Lending Club IPO and Beyond: Equities.com Interview with Lend Academy’s Peter Renton from Equities.com – Further thoughts on the Lending Club IPO.

Realty Mogul Gets A $73M Capital Commitment From Direct Lending Investments from Techcrunch – Brendan Ross decides to add real estate to his high yield small business fund.

Funding Models For Loan Originators from Orchard – Matt Burton, CEO of the Orchard, provides an overview of the different online lending models.

Peer-to-peer lending comes of age as Wall Street muscles in from The Financial Times – The always insightful Tracy Alloway provides her perspective on the CircleBack/Funding Circle deal.

MTI006: Peer-to-Peer Investing with Peter Renton from The Money Tree Investing Podcast – My interview discussing p2p lending basics with Larry Ludwig, the Investor Junkie.

Alternative Online Lenders Fill Funding Needs For Small Businesses from Forbes – The former head of the SBA, Karen Mills, shares her thoughts on the importance of the alternative online lenders.

OnDeck Capital eyes joining peer-to-peer IPO drive from the Financial Times – Small business lender OnDeck Capital will be following in Lending Club’s footsteps with an IPO.

Prosper president Ron Suber tells interest.co.nz to expect NZ P2P lending to branch into real estate, student loans and insurance from Interest.co.nz – The president of Prosper, Ron Suber, speaks publicly about p2p lending more than anyone else on earth; here he is in New Zealand.

Lending Club Portfolio Analysis: Updated for Trading Notes from PeerCube – For active Lending Club traders PeerCube now provides a way to analyze your trades.

How to Join the Hidden World of High-Speed P2P Investing from LendingMemo – Exploring the world of API investing at Lending Club and Prosper.

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 loans…Good loans … Abundance – There is an abundance of new loans at Lending Club as we near the end of the quarter.

Help me understand why my account dropped $500 from 9/16 to 9/24 – Your adjusted account balance can fluctuate at Lending Club for a number of reasons.

Investing in Commercial Real Estate – Discussion of the pros and cons of investing in real estate through online platforms.

 

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JJ Hendricks
JJ Hendricks
Sep. 29, 2014 2:08 pm

The “High Speed” article convinces me even more than any investment model that requires speed should not be used by individuals. The arms race is too hard and expensive to continue for an individual. Even with 3rd party services the API’s are only “nearly” the same speed as institutional API’s.

Very interesting read though.