Performance

Comunitae Funds 10 Loans In First Month, Signs Up 5,000 Users

Posted in Comunitae, Performance, Site Launches, Spain on July 31st, 2009 by P2P Lending News – Be the first to comment

Comunitae LogoComunitae, the leading Spanish P2P lending company, recently announced in their July newsletter that they had funded 10 loans during their first month of activity. Comunitae launched in June after about a month of beta testing. Ever since their launch, Comunitae has been mobbed by the Spanish media, including print, radio, and television.

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Lending Club vs. Prosper, One Week In

Posted in Lending Club, Performance, Prosper, United States on July 20th, 2009 by P2P Lending News – 1 Comment

Prosper vs. Lending ClubLast Monday, after the SEC approved Prosper’s registration filing, the peer to peer lender opened its doors to borrowers in 47 states and lenders in 16 states. Lending Club, whose securities filing was a relative cakewalk through the Bush SEC, has been operating with regulatory oversight since October 2008, and showing some nice growth in the first half of 2009. So a week into the melee, how do the rivals stack up?

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Lending Club Posts Strong 1H 2009, Loans Growing 7% Per Month

Posted in Lending Club, Performance, United States on July 1st, 2009 by P2P Lending News – 1 Comment

Lending Club LogoLending Club, the P2P lending marketplace which re-opened with SEC approval last October, has seen steady and impressive growth through the first half of 2009. The company has funded $18.2 million in loans since January 2009, and loan growth has averaged nearly 7% month-over-month during that period. According to a blog post in June by CEO Renaud Laplanche, as of May 31, Lending Club had 140,000 registered users.

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