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.
Last week, I included in this column an article by This is Money about Zopa in the UK that caused a bit of an uproar there. Basically they said that Zopa’s default rate was increasing, but it was still under 1%, and so this week they published a followup article. I hope to have an in depth look at Zopa published here some time this month. Plenty of other interesting articles below including one from a blogging newcomer, Lend Facts, about defaults at Lending Club. Enjoy your weekend and go Giants.
Nickel Steamroller – Using Mint and Yodlee to Track Your P2P Investments
This is Money (UK) – We are a safe place to invest: Angry lend-to-save websites hit back over ‘rising risk’ claims
Consumerism Commentary – Top Ten Personal Finance Start-Ups
Lend Facts – Defaults and Charge-Offs
The Wall Street Journal (Money Hunt) – How to Finance Your Start-Up Without Tapping Home Equity
Money Q&A – Review Of Peer-To-Peer Lending Site – Prosper
The New York TImes – Banks Taketh, but Don’t Giveth
The Anonymous Widower (UK) – Zopa in Hard Times
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.