Marketplace Lending News Roundup – August 6, 2016

News

During the week I share the latest marketplace 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.

PeerIQ Monthly Update: July 2016 from PeerIQ – Great analysis of the upcoming Lending Club securitization by PeerIQ.

Harmoney to plead guilty to misleading consumers: Commerce Commission from NZ Herald – Leading New Zealand p2p lending platform Harmoney is in some hot water after misleading consumers.

Platform to open up senior secured corporate bond market for investors from AltFi – I am a big fan of this new idea from WiseAlpha, individuals investing in corporate debt.

International P2P Lending Marketplaces – Loan Volumes July 2016 from P2P-Banking – July was another solid month of originations for the leaders in Europe with Zopa #1 again.

National Charter May Be the Devil Marketplace Lenders Don’t Know from Bloomberg BNA – The state by state regulatory system may be replaced by a fintech national charter. There are pros and cons.

Secondary Market – NSR Platform Release 3.1 from NSR Invest – Some cool new features from NSR Invest were released today for secondary market trading on Lending Club.

The Online Lending Obstacle Course from Bloomberg – The securitization market is one of the bright spots for the online lending market this year.

What To Expect In Lending Club’s Q2 Earnings Report from Seeking Alpha – The Q2 Earnings report from Lending Club is happening Monday, here is a preview.

Brief: Marlette Funding Completes $205M Securitization Transaction from Crowdfund Insider – Marlette recently closed a successful $205M securitization.

China’s Booming Internet Finance Brings Opportunity and Risk from Sixth Tone – Good synopsis of China’s internet finance industry that includes marketplace lending and other fintech.

LendingClub Said in Talks With Western Asset on Loan Buying from Bloomberg – Hot on the heels of the Prosper news Lending Club also has a large deal in the works.

Interest rates fall, P2P platforms overwhelmingly positive from AltFi – Interest rates have been cut to 0.25% in the UK – what does this mean for the #p2plending industry?

The New Face of Marketplace Lending Isn’t So New from P2P Lending Expert – No one has done more to promote p2p lending than Ron Suber. Agree he is our industry leader.

A coffee with… the founder of RateSetter: Rhydian Lewis on peer-to-peer’s future, how he got the firm off the ground and why FSCS protection isn’t important from Daily Mail – Wide ranging discussion with Rhydian Lewis, CEO of RateSetter, by This Is Money.

Silver Bullion Reports First Year Results for Gold & Silver Secured P2P loans from P2P-Banking – An interesting one-year-old platform in Singapore does p2p lending backed by silver bullion.

Diversification and Risks of Loss: the Important Numbers from LendingRobot – Fascinating analysis from LendingRobot on diversification. How many notes are enough to be diversified?

Lending Times’ TOP 10 most important charts for online lending from Lending Times – Some great charts in this post on Lending Times.

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.

P2P Based Funds – Forum members discuss the various funds available to accredited investors.

What is your Portfolio Analysis Tool of choice? – A forum member asks fellow investors what their tool of choice is.

I am missing something with YTM – Investors discuss differences in calculating yield to maturity.

Reduced Cash Drag – A new policy by Lending Club may reduce cash drag.

  • 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.