Steve Eisman is famous for shorting the subprime housing market prior to the financial crisis; he recently spoke at the...
In this post we share the process of opening up a new LendingClub account, the first in a new series we will be sharing over the coming quarters. Source
Lend Academy digs in to the complex topic of valuation with this Q&A piece conducted with Houlihan Lokey. Source
Auxmoney is an online lending platform based in Germany; the platform grew origination volumes by 75% in the year to €316 million across 40,000 loans; the company now has lent around €700 million across 100,000 loans to date; last year auxmoney announced a partnership with digital bank N26 to expand their borrower base; auxmoney was profitable for the first time in the second half of 2017 which sets them apart from many platforms. Source
The CEO of Prime Meridian Capital Managements gives his thoughts on marketplace lending today and what investors need to know. Source
A recent study by Harvard Business School looked into the contribution of marketplace lending on the overall lending market; while companies like Lending Club and Prosper have improved consumer access to affordable loans the study also discussed whether these types of platforms are too transparent; this transparency according to the study gives large investors who leverage the availability of data an advantage in buying loans resulting in an uneven playing field. Source
Peter Renton, the Founder of Lend Academy opened his first LendingClub account in mid-2009. I opened my first LendingClub account...
[Editor’s note: Many of us have questions on marketplace lending loan valuation so when we were approached to see if...
Peter Renton, Founder of Lend Academy and Co-Founder of LendIt shares his latest quarterly investment results; Renton earned an overall 5.01% return for the 2017 calendar year with his investments in LendingClub, Prosper, P2Binvestor, Peerstreet, Streetshares, AlphaFlow, Money360 and YieldStreet. Source
Includes data from the UK, EU and the US; AltFi projects €2.8 billion to be lent in Europe in 2018 and £7.5 billion in the UK; this would represent a year over year increase of 73% and 43% respectively; overall 2017 was a bounce-back year for the marketplace lending industry across the globe. Source