Peer to Peer Lending News Roundup – November 23, 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.

Loan Funding Timing for Prosper and LendingClub from Orchard – With a surge in investor interest this year it is not surprising that Lending Club and Prosper are reducing the time it takes to fund loans.

Funding Circle hires Barclays’ Luke Jooste to lead move into property finance from Finextra – In the UK Funding Circle is expanding into commercial real estate loans.

Interview with Greg Ryan, CEO of Daric from Wiseclerk – Daric, a p2p startup based in San Francisco, have still not launched yet but here is a short interview with their CEO.

Exclusive: Renaud Laplanche on How JP Morgan Chase is Like Blockbuster Video from LendingMemo – Fascinating interview with Renaud Laplanche, CEO of Lending Club, covering a wide range of topics.

Peer-To-Peer Lending’s Threat To Bank Earnings from Seeking Alpha – Brendan Ross explores the impact that p2p lending is having on traditional banking.

A Lending Club Filter from Retire Before Dad – A new Lending Club investors explains the process he used to decide which loans to invest in.

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.

Lending robot – A new service launches for Lending Club investors.

Shiny new checkboxes – The changes keep coming at Folio for Lending Club trading platform users.

What point for you is the point of steeply diminishing marginal returns to time? – A question that all investors should ponder.


  • 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.