During the week I share the latest p2p 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.
New Lenders Spring Up to Cater to Subprime Sector from The Wall Street Journal (via Yahoo) – Commentary on Lending Club’s move into the top of the subprime market with their Policy Code 2 loans.
International P2P Lending Services – Loan Volumes February 2014 from Wiseclerk – The monthly loan volume roundup of all the major p2p lenders in the US and Europe.
Availability of Fractional Loans from Orchard – Retail investors only care about the fractional loan pool – Orchard takes a look at the Prosper data.
Truly Passive Investing in P2P Lending: Lend Academy Investments from Write Your Own Reality – Coverage of the launch of Lend Academy Investments.
A Look At Loan Volume for February from Nickel Steamroller – A more in depth look at the loan volume at Lending Club and Prosper last month.
Westpac buys into first peer-to-peer lender from Financial Review (Australia) – A big bank in Australia has invested in the leading Australian p2p lender (article about this coming next week on the blog).
Barclays Africa acquires stake in P2P lending service RainFin from HumanIPO (South Africa) – Another large bank invests in a local p2p lender.
Building a Peer to Peer Lending Filter on NSR – Whiteboard #10 from LendingMemo – Step by step instructions for setting up filters on Nickel Steamroller.
FCA publishes rules for P2P lending from P2P Money Blog (UK) – The regulatory rules for p2p lending and crowdfunding have been established in the UK.
Legal Corner: Why I can invest with Lending Club but not with Circleback Lending from P2P Lending Advice – A lawyer’s take on securities law as it applies to p2p lending investments.
Lending Club Filter Strategies and One Benefit of a Smaller P2P Lending Account from Peer & Social Lending – A (very) tight filtering strategy for Lending Club designed to maximize potential ROI.
OnDeck Raises $77M From Tiger Global To Loan SMBs Working Capital from Techcrunch – Small business lender OnDeck Capital raises more money and says it will hit $1 billion in loans this month.
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.
Peter launches a Hedge Fund – Some commentary, good and bad, about the launch of Lend Academy Investments.
Lending Club is a Sub Prime Lender? – Commentary on the Wall Street Journal article about Lending Club’s Policy Code 2 loans.
Folio Traders – Roll Call – Regular forum readers and secondary market traders make themselves known.