Lend Academy looks at 10 years of data from Lending Club and Prosper; shares data on returns over the time period and where current returns are trending. Source
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LendIt Europe 2017 is just one week away and we've compiled a list of the speakers to follow. Source
Lending Club and Prosper have both been around over 10 years now. A lot has changed since both companies were...
American Banker reports on the lobbying group called Financial Innovation Now and that some technology giants are meeting individually with government agencies; Amazon met with the OCC starting in the second quarter of 2016 and met again this year; PayPal has also met with OCC officials in several quarters last year. Source
Zopa launched a pilot with provide Uber drivers with low credit scores car loans; however the partnership didn’t attract the amount of customers it had hoped; Zopa stated in the FT article, “The pilot was interesting, but demonstrated that the potential opportunity was limited for us, and we had other priorities.”; Bryan Zhang, co-founder of the Cambridge Centre for Alternative Finance discusses one of the problems in the industry today, attracting borrowers . Source
According to Peer2Peer Finance News, "The inaugural Peer2Peer Finance News Power 50 list aims to identify the big names in the industry who have helped it grow into a force to contend with over the past decade and who will play a key role in its future."; rounding out the top 10 include executives from RateSetter, Zopa, Funding Circle as well as Christine Farnish from the P2PFA, Bruce Davis, co-founder of Abundance, Mark Carney, governor, Bank of England and Andrew Bailey, chief executive, Financial Conduct Authority. Source
Trustly shares how how loan companies can best differentiate themselves from others and details their partnership with Lendify. Source
ZhongAn Insurance started trading on the Hong Kong stock exchange on Thursday; the story shares how popular ZhongAn’s IPO was, why ZhongAn is so successful, what the market’s different perspectives are and what’s the broader context of China’s fintech boom. Source