According to a paper by the China Banking Regulatory Commission (CBRC) blockchain technology should be adopted by China’s secondary loan market; as CoinDesk reports the paper came out of a trip made by the regulator to their counterparts in the UK and France; European banks are putting together a program to test blockchain technology for the issuance of syndicated loans; the CBRC also considers blockchain technology to potentially be helpful for automating compliance. Source.
Businessagent.com is seeking to raise between 200,000 British pounds and 750,000 British pounds through a fundraising campaign on Angels Den; the platform currently aggregates and facilitates equity crowdfunding and debt financing; the firm plans to use the funds to improve user data, expand its broker and sales team, build new relationships and develop a secondary market; on December 8 the firm received investment from Malcolm Burne, who will support the firm's plans for a secondary market; Burne is an expert in secondary market trading for private investments. Source
In an email sent out to investors earlier today Prosper announced they will be closing down their secondary market on...
Last week Lending Club announced they would be adding 15 new fields to their API. Investors who invest directly on LendingClub.com...
Every Saturday, I include links to the most interesting blog posts and news articles of the week. And most Saturdays...
[Update: There will be a webinar at 11am ET on September 27 on the The Orchard Deals Platform brought to...
A new company called Croudify recently announced that their secondary market platform for Lending Club was launching in beta. The...
Retail investors have been longing for a more robust secondary market feature set, something that wasn’t possible until this year...
[Editor’s note: This is a guest post from Michael and Connie Erlanger, co-founders of Marketcore.com. For the full byline see...
Many Lend Academy readers use the Foliofn trading platform (also called the secondary market) a lot. For some investors it...