Loanio
Loanio to Shut Down Operations
Loanio, a U.S.-based peer to peer lending company that launched in October 2008, is shutting down its operations. The news, first reported by Peter Renton of SocialLending.Net, comes at a time when its two U.S. competitors, Prosper.com and Lending Club, are seeing significant growth. There was significant excitement in the peer to peer lending community [...]
Loanio Files Amendment to S-1 with SEC; Cedes Code for Cash
Last week, peer to peer lending platform Loanio filed an amendment to their original S-1 filing with the SEC. The original filing was made in late June, and the amendment is dated August 14, 2009. The filing is fairly ho-hum until Loanio discloses that they’ve made an arrangement to license their proprietary source code to [...]
Be Employee Number 3-6 at Loanio; They’re Hiring
If you counted Loanio out after issuing only $14k in P2P loans last fall, you’ll be surprised at this recent second wind. On Tuesday, they filed an S-1 with the SEC, and over the last few months, have been posting job listings for a Chief Operations Officer (COO), Chief Technical Officer (CTO), Chief Marketing Officer [...]
Don’t Count Loanio Out; Files S-1 with SEC
Loanio, the little P2P lending company that could, has filed an S-1 with the U.S. Securities and Exchange Commission to offer $50 million in peer-to-peer loans through their web site at Loanio.com. As Loanio makes clear in the email that announced their filing, the registration statement relating to the securities has been filed but has [...]
P2P lending is heating up! These early companies exploring the platform will be very successful. I'm Impressed 
Did u actually get the funds, is this a payday loan?