Bank Lending has only just started to rebound after the financial crisis and new regulation could put it back down for the count. Can alternative forms of financing pick up the slack and support the economy? I recently derided the banks in a recent blog post on peer lending risks for not stepping up to lend down the $2.6 trillion in excess cash they hold beyond federal requirements for U.S. … [Read more...]
Must Read Peer Lending News this Week
Must read peer lending news is a weekly post on Tuesdays highlighting the biggest and most interesting stories throughout the peer lending industry. I've summarized each article but please click through for more information. Be sure to share the post with others in the industry and let me know if I've missed any important news. Register on our email list to get all the most important news … [Read more...]
How Much is Lending Club Stock Worth?
Lending Club, the largest peer lending platform in America, will issue shares on the New York Stock Exchange soon and the pundits are sure to offer up all kinds of predictions on how much the shares will be worth. Use this infographic and your own analysis for how much you think the stock could fetch. I’ve included more detail on my own analysis below the infographic. Insert this … [Read more...]
The Future of Peer to Peer Lending with Ron Suber, President of Prosper
Today’s post is the first part of an interview with Ron Suber, President of Prosper Marketplace. Ron joined Prosper in 2013 to develop and execute on the company’s business development strategy. He previously served as a Managing Director at Wells Fargo Securities and as a senior partner at Merlin Securities. The interview provided a ton of insight, more than eight pages worth, so I decided to … [Read more...]