Peer to Peer Lending News Roundup – December 27, 2014

During the week I share the latest p2p 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.

Whole and Fractional Loans Compared from Orchard – Is there a difference between the whole and fractional loan pools at Lending Club?

LendingClub: Overvalued And Not Disruptive from Seeking Alpha – A decidedly bearish perspective on Lending Club and the whole marketplace lending industry.

Canada has a Vacuum in Marketplace and Peer to Peer lending from Spend Matters – While marketplace lending is booming in the US, it is just getting going north of the border.

2015 UK Volume Predictions from AltFi – AltFi takes a look at 2015 and provides predictions for every major UK platform.

Just How Big Could Peer Lending Credit Become? from PeerLoansOnline – A look at the totality of the US credit market and a prediction of the potential for marketplace lending.

PEER-TO-PEER LENDING TO TURN 10 YEARS’ YOUNG from NurtureMoney – In March of next year the first p2p lender, Zopa, turns 10; their CEO Giles Andrews takes a look back as well as forward in this article.

P2P and Marketplace Lending: 2014 In Review from Prime Meridian – Five highlights from the past year.

Lending Club Review for Borrowers: Low Rates, But is it Legit? from LendingMemo – A detailed review of the borrowing process at Lending Club.

Lufax Reportedly Completes Financing At $10B Valuation from China Money Network – One of the leading Chinese p2p platforms has raised a financing round that values it at a reported US$10 billion.

Upstart’s CEO Sees Boom and Shakeout in Online Lending in 2015 from Xconomy – Good interview with Dave Girouard, the CEO of Upstart, on the state of marketplace lending and what he sees for the new year.

Why the Facebook of Banking won’t own a charter from Bank Innovation – Fascinating article by Brett King about what the future holds for fintech.

SoFi Surpasses $1.3 Billion in Loans for Over 15,500 Borrowers from Crowdfund Insider – A short interview with Mike Cagney, the CEO of SoFi.

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.

Business loans – Excellent discussion of some of the business lending platforms and where some people are investing today.

25+% triggers? – A look at a high yield loan turns into an interesting discussion about credit data.

Big LendingClub Payment History File Download? – This is an undocumented feature at Lending Club where you can download the complete payment history.

  • 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.