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Roundup of Social Lending News – May 12, 2012

May 12, 2012 By Peter Renton 2 Comments

Views: 52

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.

This has been a busy week for me with the launch of my new P2P Lending Wealth System video course but I still managed to stay up on the latest industry news. It was good to see Michael from Nickel Steamroller back (after a few weeks away from blogging) with an update on his Lending Club and Prosper investments. Perhaps the most interesting news of the week was the debut of Somolend at the Finovate conference (where they won Best in Show). Somolend has an innovative take on p2p lending focusing on business loans provided through social connections of the business owners. It will debut for investors in January next year and I will have more about this company before they launch. Enjoy your weekend.

Learn Bonds – Peter Renton on P2P Lending: Are You Asking the Right Question?

Finovate – SoMoLend Debuts its P2P Lending Platform

Random Thoughts – Crowdfunding and Lending Club

Your PF Pro – How I Achieved a 13% Rate of Return Investing with Lending Club

Investor Junkie – Improving Your Lending Club Returns

Euromoney – Crowdfunding industry set to pass $3 billion mark

P2P Money Blog (UK) – P2P companies feature in “Most Trusted Loan Provider”

Money Q&A – Easy Steps To Open A Lending Club IRA With No Fees

Nickel Steamroller – May P2P Lending Update

The White Coat Investor – Peer To Peer Lending IRA Fees

Filed Under: News

Views: 52

Comments

  1. Financial Advice for Young Professionals says

    May 12, 2012 at 5:55 pm

    Thanks for including my site. You’ve got some great content here 🙂

    Reply
    • Peter Renton says

      May 13, 2012 at 4:56 pm

      You’re welcome. Glad you like the site.

      Reply

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LendIt Fintech News, Powered by Lend Academy, has been bringing you all the news and information about fintech and online lending since 2010 when it was founded by Peter Renton. We not only have the industry’s most active news site, but also the largest investor forum and the first and most popular podcast.

We are a team of fintech enthusiasts who have been covering the industry for many years. With a deep knowledge of online lending, digital banking, blockchain, artificial intelligence and more our team covers the daily news and writes in-depth editorials.

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