Peer to Peer Lending News Roundup – February 8, 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.

What’s In Store For Lending Club In 2014: An Interview With Renaud Laplanche from Crowdfund Insider – Laplanche’s two trends to watch for 2014 are increasing buy-in from traditional banks and the increased use of mobile technology.

Credit Report Robustness from Orchard – Length of credit history & number of credit lines are two important factors for investors to consider.

International P2P Lending Services – Loan Volumes January 2014 from Wiseclerk – The monthly origination numbers from European and US p2p lenders.

P2P Lending Diversification and Portfolios from Peer & Social Lending – An inside look at this blogger’s Lending Club portfolios.

NickelSteamroller 2.0 and the Courageous Data of P2P Lending from LendingMemo – The story behind Nickel Steamroller and a detailed review of their latest version.

Prospect Capital Corporation’s Plan to Earn 23% Per Year from The Motley Fool – This BDC is planning on putting money to work on the p2p lending platforms at 3 to 1 leverage.

More Data for Policy Code 2 & 99 Loans Redacted on Lending Club from Nickel Steamroller – Not sure why Lending Club did this but they have removed the interest rate and loan grade from Policy Code 2 & 99 loans in the data download.

GF¢ 014: A Closer Look Into Peer to Peer Lending – Can You Really Make Over 13% Return? from Good Financial Cents – Recently I appeared on the podcast of this popular blogger and Certified Financial Planner – although I didn’t talk about a making a 13% return…

New Statistics Charts to Help Investors Understand Returns from Lending Club – Some cool new charts available from Lending Club showing investor performance.

Where the Money Is 02.07.14 from The Motley Fool – Prosper’s Ron Suber made an appearance on The Motley Fool podcast earlier this week to discuss p2p lending.

IOSCO: P2P Lending Drives Global Investment Crowdfunding Market Over $6 Billion from Crowdfund Insider – The International Organization of Securities Commissions has produced an official report on crowdfunding and p2p lending that it will distribute to securities commissions (including our own SEC) around the world.

Prosper February Update from Prosper – An update from Aaron Vermut with a review of 2013 and details of some 2014 plans.

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.

PRIME reduces minimum to $5K – Last week Lending Club sent out an email announcing their PRIME accounts now have a $5K minimum.

4.28% return on grade C+ portfolio in 2013? – This investor is wondering why his returns were lower for notes issued in 2013.

Looking for P2P lending partner to fund secured note opportunities – I receive an email once a week from someone looking to start some kind of new p2p lending platform. Here is one shared on the forum.

  • 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.