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Crowdfunding gaining momentum: study
Crowdfunding gaining momentum: study (via AFP) Crowdfunding, a practice which allows startup firms to raise money from small investors over the Internet, picked up steam in 2012 with some $2.7 billion invested, a study showed Monday. The study released by the research firm massolution said the amount raised last year was up 81 percent from [...]
Get Instant Cash at Times of Crisis with Online Loans No Credit Check Lenders
Get Instant Cash at Times of Crisis with Online Loans No Credit Check Lenders (via SBWire) Online loans no credit check is that the only way to acquire immediate money at the time of emergency. No need for the individuals with bad credit to worry about the ways to meet the cash demand, simply look [...]
Zidisha Microfinance connects tech-savvy emerging market entrepreneurs with individual investors
Zidisha Microfinance connects tech-savvy emerging market entrepreneurs with individual investors (via PR Newswire) New crowd-funding platform can help businesses in developing countries prosper with peer-to-peer microloans Download image STERLING, Va., March 8, 2013 /PRNewswire/ – Those who have ever wished to help less-than-fortunate individuals in developing nations, but felt too far away to make a difference…
The Week in Peer To Peer Lending 03-01-2013
Here are some of the latest peer-to-peer lending and financial innovation stories from around the web: Rebirth Financial Launches Nationally -Rebirth Financial, Inc. today announced the nationwide launch of its successful small business lending program. Since launching in 2010, Rebirth Financial has helped hundreds of small businesses in Louisiana and Tennessee gain access to millions [...]
Lending Club Appoints Former Visa President as Director
Lending Club Appoints Former Visa President as Director (via PR Newswire) Hans Morris joins John Mack, Mary Meeker and Lawrence H. Summers on credit platform’s board of directors SAN FRANCISCO, Feb. 28, 2013 /PRNewswire/ – Lending Club (http://www.lendingclub.com) announced today that former Visa Inc. President Hans Morris has joined the company’s board of directors as…
Rebirth Financial Announces National Launch
Rebirth Financial announced their national launch yesterday. The press release is below: Rebirth Financial Launches Nationally- Small Businesses Across America Now Have A Better Way to Secure A Loan America’s first and most successful crowdfunding platform connecting small business borrowers directly to individual and institutional lenders launches nationally. New Orleans, February 26, 2013 ~ [...]
CreditSources.org Announces the Top 5 Pros and Cons to Getting a Bad Credit Loan in 2013
CreditSources.org Announces the Top 5 Pros and Cons to Getting a Bad Credit Loan in 2013 (via SBWire) Weighing the pros and cons to any financial decision is wise. Here are the top 5 pros and cons to getting a bad credit loan in 2013. San Diego, CA — (SBWIRE) — 02/15/2013 — Industry Factoid: [...]
Who’s Investing in Peer To Peer Lending
Peer to Peer Lending is expected to grow 150% in 2013, and the portfolio of investors is growing in the industry. Investors can be broken down into individual investors and institutional investors. Individual investors are recognizing peer to peer lending organizations as a more profitable alternative to a traditional savings bank. Institutional investors are relatively [...]
Prosper Unveils New Protection for Lenders
Prosper unveiled their new lender protection policies which they have been developing alongside the SEC. Prospers new entity Prosper Funding LLC has taken ownership of all of Prospers loans and issues all of the Notes on the Prosper Market place. This ensures that all Notes are fully protected in the event of a Prosper Bankruptcy. [...]
Alternative Lender Zopa Expects Record Year in 2013 Reports Click to Cash
Alternative Lender Zopa Expects Record Year in 2013 Reports Click to Cash (via SBWire) CEO Andrews says Alt-lending may double in popularity Next Year San Francisco, CA — (SBWIRE) — 12/28/2012 — Peer-to-peer lending is bigger than ever, according to Zopa, the industry’s leading company. The p2p giant says that consumers have flocked to them [...]
This Week In Peer to Peer Lending 02-01-2013
Here are some of the latest peer-to-peer lending and financial innovation stories from around the web: Is Peer To Peer Lending the New Norm -Does peer-to-peer lending pose a legitimate threat to big banks? According to a recent piece by Bloomberg, it’s a distinct possibility.The article takes a look at two P2P lending startups… Peer [...]
Online Payday Lending: UK Market Profile and Forecasts (via PR Newswire)
Online Payday Lending: UK Market Profile and Forecasts (via PR Newswire) NEW YORK, Jan. 29, 2013 /PRNewswire/ — Reportlinker.com announces that a new market research report is available in its catalogue: Online Payday Lending: UK Market Profile and Forecasts http://www.reportlinker.com/p01075483/Online-Payday-Lending-UK-Market-Profile-and-Forecasts.html#utm_source=prnewswire…
Are Peer to Peer Lending Platforms Looking to Rival Banks
After projections estimating that Lending Club could hit over $1 Billion in revenue in 2013, America has turned a keener watch on peer to peer lending. The two dominant peer to peer lending platforms Lending Club and Prosper.com are growing rapidly and have financial experts asking, will peer to peer lending be a direct rival [...]
The Week in Peer-to-Peer Lending 01-25-2013
Here are some of the latest peer-to-peer lending and financial innovation stories from around the web: <a href="Here are some of the latest peer-to-peer lending and financial innovation stories from around the web: Bring Peer to Peer Lending to Canada -Peer-to-peer (P2P) lending is not currently not allowed in Canada but I think it should [...]
Top Corporate Finance Trends of 2013
The Top Corporate Finance Trends of 2013 (via CFO.com) Forecasting | January 22, 2013 | CFO.com | US One night last week, at a minute after midnight, I noticed that I had received an e-mail a few hours earlier from my ever-challenging boss, Richard Rivera, the chief content and development officer here. Rich’s e-mailed questions [...]
CrowdFunders Go Global
CrowdFunders Go Global (via PR Newswire) The Soho Loft takes Crowdfunding on the road, 250+ Conferences with EU Angels, Indiegogo and Kickstarter NEW YORK, Jan. 19, 2013 /PRNewswire-iReach/ — The Soho Loft is expanding its financial innovation conferences globally. Led by financial innovation visionary David Drake, the firm now co-produces…
This Week in Peer to Peer Lending 01-18-2013
Here are some of the latest peer-to-peer lending and financial innovation stories from around the web: Bring Peer to Peer Lending to Canada -Peer-to-peer (P2P) lending is not currently not allowed in Canada but I think it should be. In this blog, I want to talk about what P2P lending is, why it?s not allowed [...]
Review: Finance and the Good Society by Robert Shiller
Professor Robert J Shiller published Finance and the Good Society in February 2012. I haven’t read the book yet, but Professors introductory lecture to the book is available online. In the lecture, Shiller discusses the idea that finance has become democratized. What he means is that people who did not previously have access to finance [...]
RebuildingSociety Launches in UK
RebuildingSociety.com was recently brought to my attention on Twitter. The company was founded in 2011 and launched in 2012. The website is still in it’s beta, but Rebuilding Society is positioning itself as an alternative to Funding Circle that is necessary in the peer to peer lending space. Here’s what the company has to say [...]
So far no one has lent me any money. I have noticed however that pretty much no one has been ...
P2P lending is heating up! These early companies exploring the platform will be very successful. I'm Impressed