Here are the latest news and headlines from P2P Lending News:

  • Prosper and Lending Club Facilitated $40 Million in Loans in December - Prosper and Lending Club facilitated a total of $40.5 million in loans between borrowers and investors during the month of December, marking the strongest month in U.S. peer-to-peer lending history. Lending Club lead the way, issuing $31,007,025 across 2,267 loans. This is the first month where Lending Club issued more than $1 million in loans…
  • Lending Club Waives Fees on Large Loans - Lending Club announced that it would be waiving its 1% service fee on notes associated with loans of $20,000 or more for a limited time. Lending Club explained the move on its website, “Larger loans need to attract investments more quickly than small loans in order to fund in the time available. So for a…
  • Prosper Launches ‘Fired Up’ Kindle Fire(R) Sweepstakes - Prosper is holding yet-another promotion. This time, individuals that register on Prosper’s website will be entered to win a new Amazon Kindle Fire. This effort, along with Prosper’s previous sweepstakes, is a move by Prosper to add new subscribers to their their email marketing distribution list. Here’s the text of the press release: SAN FRANCISCO,…
  • A New Year’s Resolution for my Peer-to-Peer Lending Investments - 2011 marked the first year that I seriously put any amount of money into my peer-to-peer lending investments. I now have about $105,000 invested between my Lending Club and Prosper accounts. The bulk of that is currently in my Lending Club account, but I anticipating growing my Prosper account throughout the course of 2012. Ultimately,…
  • This Week in Peer to Peer Lending: 12/26/2011 - Here are some of the latest peer-to-peer lending and financial innovation stories from around the web: Roundup of Social Lending News – December 24, 2011 – Every Saturday I bring you the latest news from the world of peer to peer lending. These are the best of the news articles and blog posts from around…
  • Zopa Italy Rebrands as Smartika - Zopa and Zopa Italy have ended the franchise agreement which allowed Zopa Italy to use the Zopa branding. As a result, Zopa’s Italy operations will be rebranding under the name Smartika.IT. Smartika CEO Maurizio Sella recently made the following announcement about the name change (this is a rough translation from the original Italian): The franchise…

Here are some recent news items from other social lending sites:

  • Roundup of Social Lending News – December 24, 2011 - Every Saturday I bring you the latest news from the world of peer to peer lending. These are the best of the news articles and blog posts from around the web that I shared on Twitter this past week. I expected the week before Christmas to be a pretty quiet one on the news front but that…
  • Peer to Peer Lending Feature on Fox News - Earlier this week there was a short story on p2p lending on Fox News. It was focused on how small businesses are using Prosper and Lending Club to obtain loans and there was also some general discussion about the industry. An article like this normally would just get mentioned in my Saturday news roundup but…