It has been almost four weeks since LendingClub closed down its retail investor platform and cash is already starting to...
LendingRobot and NSR Invest are robo-advisors in marketplace lending; the firms have now merged to become the largest robo-advisor in the space; Lend Academy discusses the history of each company and the reasoning behind the merger; discusses the unique aspects of each offering and what the go forward plan is for the merged company. Source
When it comes to investing in the marketplace lending space, many individual investors have relied on various tools to help...
Last week, LendingRobot announced “LendingRobot for Advisors” to bring investing in Lending Club to a broader audience. They have partnered...
The Lending Club news hit over a month ago now, but there has been plenty of talk since then about...
LendIt’s sister company, NSR Invest, is looking for a new Investment Director who will be responsible for deal execution, deal...
Merger will result in the largest robo-advisor in marketplace lending; the companies will operate separately for now but the company aims to take the best of both platforms; the funds offered will be streamlined with the LendingRobot Series fund being the focus going forward; Bo Brustkern, co-founder and CEO of NSR Invest, will be leading the new entity with Emmanuel Marot, co-founder and CEO of LendingRobot, acting as a special advisor; the new entity will have $150 million in assets under management with over 8,000 clients. Source
NSR Invest, which allows Lending Club and Prosper investors to analyze loan data and direct investments, has made Prosper's Q3 data available; users can now backtest the most recent Prosper loan data and view trends of older vintages yet to reach maturity; originations for Q3 2016 totaled $311 million. Source
Retail investors have been longing for a more robust secondary market feature set, something that wasn’t possible until this year...
Even the average returns from p2p investing are appealing to many investors, especially in a low interest rate environment. However,...