Here are some of the latest peer-to-peer lending and financial innovation stories from around the web:

  • Funding Circle Raises 10M – British p2c lending marketplace Funding Circle announced that they have raised 10 million GBP (approx 16M US$) from Index Ventures and Union Square Ventures. Funding Circle enables individual lenders to lend to establishes businesses in the UK. Since its launch a loan volume of 28.6 million GBP has been funded. According to numbers published by…
  • Roundup of Social Lending News – March 31, 2012 – 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. According to Marc Prosser, in the Forbes article referenced below, credit card lending has returned 10.5% annually for…
  • U.S. P2P Lenders Issue $50.8 Million in Loans – For the first time ever monthly loan volume at the two big U.S. p2p lenders, Lending Club and Prosper, exceeded $50 million. Their combined $50.8 million This was $3.7 million more than last month and a staggering $29.7 million more than the same month just last year. Even as the numbers are getting larger both…
  • New Prosper Categories – More Categories Prosper has recently added 13 new categories to their loans. This is quite a large augmentation, and it might make sense for Prosper investors to spend time looking at these new categories.  I feel some loans that had … Continue reading →…
  • How Did You Fund Your P2P Lending Investments? – If you are a p2p investor the chances are this is not the only investment you have. If it is then you are likely in violation of the guidelines set forth by Lending Club and Prosper. Presumably when you opened your p2p lending account you used money that you had elsewhere. Where did that money…
  • A Roth IRA is a Great Option for P2P Investors – A few weeks ago Jeff Rose, a fellow blogger and certified financial planner was asked to give a speech at his alma mater, Southern Illinois University. He was talking to a group of college seniors about saving and investing. He discussed the benefits of investing in an IRA, in particular a Roth IRA. But when…
  • Roundup of Social Lending News – March 24, 2012 – 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 am a bit late with the news roundup this week because today is my birthday. Actually, because…