I first connected with Ron Suber back in 2011. He was a Lend Academy reader and an individual investor like...
On May 25th, Prosper announced the closing of the first securitization they facilitated themselves. The news was not widely reported,...
With worldwide rates continuing to stay low investors continue to look at alternative fixed income assets to earn larger returns....
Lend Academy provides a resource for new investors in Lending Club and Prosper; their article includes five basic principles for investing in the platforms; the five key elements for investing include: 1) diversify investments 2) expect defaults 3) keep cash balances low 4) automate investing and 5) avoid taxes by investing through an IRA. Source
Lend Academy talks with Prosper's CEO David Kimball in their podcast; David Kimball was previously CFO and became CEO in December; he talks about some of the company's challenges in 2016; provides details on the platform's investors, origination volumes and financing controls; he also discusses the firm's $5 billion investment deal and how it is affecting the business. Source
In an interview on CNBC last week Goldman Sachs CEO Lloyd Blankfein shared some news about their consumer lending platform....
It is that time again when I share my investment returns. I like sharing these details because I believe in...
Today Prosper sent an email to their retail investors notifying users of a change in calculating Annualized Net Return and...
April is officially Financial Literacy Month here in the United States so with that in mind I am providing this...
David Kimball became Prosper's CEO in 2016 after serving as CFO for the firm; in February the firm signed a deal with a consortium of investors committing a potential $5 billion in loan investments for the platform over the next two years; Kimball talks about the firm's business, his perspective on fintech and his experiences as CFO and CEO. Source