Marketplace Lending News Roundup – February 28, 2015

During the week I share the latest marketplace lending news on Twitter as it happens. Then every Saturday I take the most interesting news items and blog posts from the past week and share them here.

Peer-to-peer lending: how to beat the banks to save — or make — money from – Some interesting borrower stories from down under featuring loans from RateSetter and SocietyOne.

First UK Index launched giving investors hard numbers on returns from P2P/Marketplace lending from AltFi – I was at the AltFi conference this week and love the new index they announced.

P2P lender OnDeck’s shares climb on sales jump from Financial Times – Article on OnDeck’s stock price after their first earnings call this week.

More Red for OnDeck (ONDK) from deBanked – More coverage of OnDeck’s earnings call.

Automated Secondary Market Trading from LendingRobot – The LendingRobot team brings automated secondary market trading for Lending Club investors.

LendingClub Corp Stock Down, CEO Not Worried from ValueWalk – LendingClub’s CEO Renaud Laplanche is not concerned about their stock price plunge after their first earnings report.

Lending Club FOLIOfn Secondary Market: Distribution of Available Attributes for Listed Notes from PeerCube – More must-read Lending Club secondary market analysis by PeerCube.

Aaron Vermut on Prosper Growing 350% in a Year from LendingMemo – Great in-depth interview with Prosper’s CEO Aaron Vermut.

Can Marketplace Lending Replace the Need for Securitization? from Orchard – Good explanation of the pros and cons of securitization for marketplace lending.

Consumer Protection Pioneer Raj Date Joins StreetShares Board of Advisors from Crowdfund Insider – Small business lender StreetShares appoints former CFPB leader Raj Date to board of advisors.

Lending Club and Prosper Update (February 2015) from Investor Junkie – The latest returns update from a long time p2p lending investor.

P2P lender Bondora targets Europe from Financial Times – European p2p lender Bondora raises $5M and plans an expansion.

From the Lend Academy Forum

The Lend Academy forum is where investors go to discuss p2p lending. Below are some topics that were being discussed this week.

Fully paid on first payment – A reader asks a common question about loans being paid off on the very first installment.

Diversification question – Too many notes? – Discussion on how many notes you should have given total investment amount.

Considering substantial investment on Prosper. What is the catch? – A new Prosper investor looks to learn the caveats of investing in p2p lending.

  • 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.