Every Saturday I bring you the latest news from the world of peer to peer lending. These are the best of the news articles and blog posts from around the web that I shared on Twitter this past week.
After the previous week was dominated by Lending Club, Prosper was certainly visible in the news this week. They put out a press release announcing improved returns for investors, they wrote a blog post (and sent an email) by their head of risk management in response to the current stock market turmoil and finally they announced a webinar for next week. These and links to all the other main news of the week are below.
Prosper – Prosper.com Investor Returns Increase to 10.6%
Wiseclerk – P2P Equity Service Seedmatch Launched
Social Sector Finance Update – Important Guidance Given on Person-to-Person Lending Platforms
Prosper blog – Conservative Underwriting For Uncertain Times
Discerning Technologist – Summary of Engagement Banking Meet-Up in San Francisco
P2P Lending News – Prosper to Hold Investor Webinar
American Express Open Forum – Try Social Lending As An Alternative To Banks
Lending Tuber – Needs Series: Comparing to 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.