Roundup of Social Lending News – August 11, 2012

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.

We have an excellent variety of articles for you this week. It was kicked off by Fred Wilson, a principal at Union Square Ventures (a VC investor in Lending Club and Funding Circle in the UK) who discussed Ron Lieber’s article in the New York Times last weekend. On the international front this week marked the launch of a new p2p lender in Australia and we also saw coverage of the great month experienced in July by UK p2p lenders. Lending Club did their first blog post in almost five months when they announced the  addition of their new “Approved” status filter and Prosper penned a post about collaborative consumption. Enjoy your weekend.

Mortgage News Daily – On-line Peer Lending Turns to Real Estate Loans

PYMNTS.com – Visa, Morgan Stanley Vet Takes On Tech At Lending Club

Prosper – The Collaborative Consumption Movement

P2P By Design – Peer-to-Peer Lending: Gaining Legitimacy as an Investment Vehicle

Prosper to Retire – P2P Lending 103 – Why spend the time?

This is Money (UK) – ‘I know where every pound is used’: Bank savings exodus delivers record-breaking month for social lending

P2P Analytics – ON LENDING CLUB DEFAULTS (AND THEIR EFFECT ON YOUR PORTFOLIO)

Random Thoughts – Lending Club Loan Amount and Credit Grade

Society One (Australia) – Australia’s first fully compliant p2p lender is here

Lending Club – Help Put Your Money to Work Faster with the “Approved” Review Status Filter

AVC – Bypassing Wall Street

  • Peter Renton

    Peter Renton is the chairman and co-founder of Fintech Nexus, the world’s largest digital media 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.