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Earlier today, the total amount of dollars borrowed through p2p lenders in this country crossed over $500 million. While on...
Our 10-year anniversary as an industry in this country passed by unnoticed last week. It was on February 5, 2006...
[Editor’s note: No jokes today – yes the Warren Buffett piece yesterday was an April Fools Joke. Today, we bring...
In the second episode of the Lend Academy podcast (first episode is here) I am excited to welcome Larry Ludwig...
On Prosper there is one selection criteria that I had all but ignored until recently: previous borrowers. These are people...
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January was a great month for p2p lending as far as publicity goes. There were several TV segments, news articles...
Interest rates, the stock market and the effects of China on our economy have been all over the headlines as...
This week's PeerIQ update focused on news from the FOMC, a $50mn Prosper fundraise led by FinEx and highlights from ABS East; they also provide a recent update on securitization deals, trends in personal loan originations and a bank partnership between JP Morgan Chase and Bill.com. Source.
Last week with little fanfare or media coverage a House subcommittee met to discuss crowdfunding. The purpose of the meeting...
Today, Prosper appointed Usama Ashraf as its new CFO; Ashraf will also oversee the capital markets side of the business to bring in new investors; Ashraf has more than 18 years experience in corporate finance and capital markets; recent positions include being the deputy chief financial officer and treasurer at Annaly Capital Management and corporate treasurer at USAA; David Kimball, Prosper's CEO stated: "We're thrilled to have someone with Usama's experience and track record in finance and global capital markets join our team. Usama will be instrumental in bringing new institutional investors onto the Prosper platform, including banks, as we continue to grow the platform in 2017." Source