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.
There is a lot of news and innovation coming out of the UK p2p lending marketplace these days . What Investment discusses what they call a peer to peer bond at Thincats, which isn’t really peer to peer, it is more business to business, but the concept is interesting and could be applied to a p2p lending platform. I also want to point out the Prosper blog post officially announcing their IRA. I covered the launch of the Prosper IRA a few weeks ago but since then Prosper has reduced the minimums – you can now open an IRA there with just $5,000 and pay no fees, which is the same deal as Lending Club. Enjoy your weekend.
Prosper blog – Saving for Retirement? Boost Your Returns with a Prosper IRA!
What Investment (UK) – ThinCats and Innvotec launch peer-to-peer bond
Forbes – Crowdfunding Set to Explode with Passage of Entrepreneur Access to Capital Act
Myintroducer.com (UK) – Nearly half of Zopa loans repaid early – all free of any penalties
PPC Ian – Where I’m Investing In 2012, Lending Club
Nickel Steamroller – Featured Filter: Revolving Credit Balance
The Economist – On the side of the angels
Smart Peer Lending – INFORMATION ON LENDING CLUB STATS
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.