This is a follow up to Stu Lustman’s two part series on Bitcoin P2P lending by Chris Grundy of Bitbond. Chris is an SEO Specialist, Bitcoin obsessive and avid tech fan who has written for a variety of Online publications as well as regularly contributing to the Bitbond blog. You can follow him on Twitter or connect with him on LinkedIn. Any feedback is welcome and encouraged.

Combining Forces -P2P lending and Bitcoin

P2P lending is having a stellar year. Indeed, the Peer-to-Peer Finance Association revealed that a record-breaking $792 million has been lent out through UK lending platforms in 2015 Q2.

Things in the U.S. look equally promising as Lending Club announced successfully breaking through $1.9 billion in originations in Q2. Prosper reported an equally impressive quarter, issuing $912.4 million in new loans, a 147% increase year-over-year.

With the P2P industry in such good health, why should you be interested in bitcoin based p2p lending? [Read more…]