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News

Every day the Fintech Nexus News team writes original stories from around the world, and we archive them chronologically on this category landing page.

News
·May. 13, 2010

Lending Club Debuts Five Year Loans

Lending Club has announced the creation of five year loans, adding a longer term peer to peer loan alternative that...
Read Full Story
News
·Nov. 30, 2010

Welcome to the New Social Lending Network

photo © 2008 McKay Savage | more info (via: Wylio) Today I am re-launching the Social Lending Network website. Last...
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News
·Dec. 16, 2010

Prosper.com Ending Their Auction Process Dec 19th

I started reading rumors about this earlier this week but it looks like it is now official. Prosper.com is ending...
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News
·Dec. 20, 2010

Prosper.com Has a New Look and a New Business Model

The changes at Prosper.com that I mentioned last week came to pass yesterday. They now have a new look, not...
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News
·Dec. 29, 2010

Number of Loan Listings Plummet at Prosper.com

Last week I discussed the changes that happened at Prosper on December 19th. So, here we are 10 days later...
Read Full Story
News
·Jan. 28, 2011

P2P Lending in the News a Lot Recently

January was a great month for p2p lending as far as publicity goes. There were several TV segments, news articles...
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News
·Jan. 31, 2011

Lending Club Overtakes Prosper to Become the World’s Largest P2P Lender

It was not a question of if it would happen, just when. Well, now it is official. Today Lending Club...
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News
·Feb. 4, 2011

New Peer to Peer Lender Launches: Rebirth Financial

Last week saw our first new entrant in the US peer to peer lending market for quite some time. Rebirth...
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News
·Feb. 9, 2011

No Mr. Lieber, P2P Lending is Not Gambling

In Saturday’s New York Times, columnist Ron Lieber penned an article in his regular Your Money column titled, The Gamble...
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News
·Feb. 21, 2011

Two New Companies Enter P2P Lending Space

Loanora Loanora is a very interesting new entrant in p2p lending. They are doing something completely new, at least in...
Read Full Story
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