Expert Panel of Peer-to-Peer Lending Pros Reveal Best 3 Investing Tips

From www.TheLendingMag.com - Think you need to know everything about peer-to-peer lending in order to invest successfully and earn great returns? You don't. THIRTY peer-to-peer lending experts share their best 3 investing tips in this special edition article below. You will learn from the best minds in the finance and P2P industry about the actions they see as absolutely critical for successful investments. P2P lending […]

Lending Club Continues To Make Power Moves, Partners With BancAlliance

From www.investorschronicle.co.uk -  BancAlliance was founded in 2011 as a collaborative solution for community banks to enable them to access attractive lending markets that are typically dominated by larger banks. It comprises community banks in 39 states, ranging from $200 million to $10 billion in assets. In aggregate, BancAlliance would rank fourth in branch count […]

Prosper MarketPlace #61 On Forbes "America's Most Promising Companies" List

From www.forbes.com - Prosper Marketplace is a peer-to-peer lending platform that connects borrowers and investors, with over $ 2 billion in loan origination. CEO Aaron Vermut joined the company in early 2013 along with the investment from Sequoia Capital. More than 90% of the company’s employees invest in the platform. In 2015, the company will […]

Prosper Marketplace Appears Ready For Its IPO In 2015

From www.valuewalk.com - Peer-to-peer lending company Prosper Marketplace president Ron Suber and CFO Macy Lee did an interview with btigresearch.com analysts Mark Palmer and Giuliano Bologna this week, and it’s clear that the two execs are already laying the foundation for their IPO, expected later this year. “People underestimate what it takes to do this,” […]

Lending Club & Alibaba Join Forces To Help Small Businesses Get Funding

From www.nytimes.com - “This partnership is going to make a pretty big difference in terms of U.S. business’ ability to buy goods from China,” Renaud Laplanche, the chief executive of Lending Club, said in a telephone interview. And it is a unifying of two of the most talked-about online marketplaces of the moment. Avant loans […]

Prosper Acquires American Healthfund Lending - Will Offer P2P Medical Loans For Elective Surgeries

From www.blogs.wsj.com/moneybeat - Peer-to-peer lender Prosper Funding LLC is hoping to continue its makeover, this time with a little plastic surgery. Prosper, one of the largest online marketplace for matching borrowers and lenders, is acquiring American Healthcare Lending, which makes software for doctors and hospitals to offer loans for medical procedures, for $21 million, the […]

Google Enticed By P2P Lending - Looks To Finance Partners Through Lending Club

From www.bidnessetc.com - These unsecured loans will be for a period of two years. In the first year the interest rate will be fixed at 5% and is subject to increase or decrease based on the previous year’s performance. A maximum rate of 9.99% can be charged in the second year and the pay-back schedule […]

Former GLG Hedge Fund Head & Morgan Stanley Exec Jason Mackay joins the Lending Works Team

From www.crowdfundinsider.com - Sharing his thoughts about his new position, Mackay stated, “I am very excited by how technology is challenging traditional business models and I believe peer-to-peer lending has the potential to grow very quickly. Its massive cost benefit over traditional banks enables it to offer much better rates, while the advancements in data […]

Direct Lending’s President Smart to Capitalize on P2P Lending's Uprise

From www.labusinessjournal.com - Peer-to-peer lending has now become standard practice for investors looking to diversify their business portfolios, even though returns have fallen over the past few years. But the once revolutionary online financial service is still a relatively safe bet that offers solid returns, Ross said. Editor’s Note: A tell-tale sign that a man […]

In 2014 Europe & UK Alternative Lenders Did 109% More Deals

From www.bobsguide.com - There is a growing recognition in lending that one size simply does not fit all. The outlook for alternative lenders is strong for 2015, based on significant capital raised this year. Other factors such as changing investor appetite in a low-yield environment and the improving economic activity in the UK and US […]

CEO Confirms - LendingClub IPO Breaks $1 Billion Mark

From The San Francisco Business Times -Editor's Note: Looks like I should have held onto my Lending Club stock. Can't win them all I suppose... Article Snippet: Lending Club said Tuesday that its IPO officially hit the $1 billion mark with underwriters exercising their full option to purchase 8.7 million shares. (Read full article)

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