Peer to Peer Lending News Roundup – July 13, 2013

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.

Lending Club’s Cost Advantage Over Banks from Wiseclerk – A look at Renaud Laplanche’s presentation at LendIt that quantifies exactly how much of a cost advantage Lending Club has over banks.

Laying the Foundation for Accelerated Growth from Prosper – The monthly post from Prosper’s president, Aaron Vermut, about Prosper’s recent and future growth.

SEC Lifts Ban On General Solicitation, Allowing Startups To Advertise That They’re Fundraising from Techcrunch – New development from the SEC this week, I will be covering this topic in more depth on the blog next week.

Why are Lending Club yields starting to head down? from LearnBonds – Most of us know that there has been an oversupply of investors in recent months at Lending Club but will that mean lower yields going forward?

Why Your Local Bank Is Terrified of Crowdfunding from Inc. Magazine – A report from a mid-sized bank based in Alabama demonstrates concern over crowdfunding impacting personal and business lending at banks.

Quarterly Lending Update // 13.88% ROI from LendingMemo – Simon provides a quarterly update on his Lending Club and Prosper investments.

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.

First $50 note – When should you make the jump from $25 per note to $50?

The paucity of good D & E loans – On Prosper it appears there is a paucity of good D&E loans but it that really the case?

Circumventing a Disallowed State – How can you invest in a disallowed state without breaking the rules?

  • Peter Renton

    Peter Renton is the chairman and co-founder of Fintech Nexus, the world’s first and largest digital media and events 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. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.