Peter Renton reviews the claims from the FTC against LendingClub, LendingClub’s subsequent response and shares his perspective on the news. Source...
Peter Renton, Founder of Lend Academy reports on the potential of Google, Amazon, Facebook and Apple being the fintech leaders of tomorrow. Source
Goldman Sachs has been offering more products to a wider range of consumers; this started with the acquisition of the online deposit platform of GE Capital; the firm is competing aggressively on their deposit rates to grow this base; in 2016 they launched Marcus, their online lending platform, and now have a new lending product called GS Select; product offers loans backed by investment portfolios for individuals that have a Fidelity financial adviser. Source
Despite being less than two years old Marcus by Goldman Sachs continues to aggressively expand their consumer finance business. It...
GreenSky, the point of sale lender went public today, raising $874 million; the company is profitable, has high margins and...
Lend Academy's Peter Renton provides insight on his marketplace lending investment strategies for Lending Club and Prosper loans; outlines the options available for investing and highlights best performing loan grades; reports details of loan filters he is using across his eight accounts. Source
In this post we share the process of opening up a new LendingClub account, the first in a new series we will be sharing over the coming quarters. Source
One of the co-founders of Funding Circle USA is stepping down and will become Chairman. Source
Lend Academy features two companies, Landed and Fundrise, who are taking a unique approach to building to new homes and providing down payment assistance. Source
Lending Club and Prosper allow for tax efficient investing on their platforms through an IRA; Lend Academy provides details on opening an IRA with Lending Club or Prosper and explains why investing in P2P lending is best done through an IRA. Source