p2p lending

  • The mercurial nature of P2P lending Crunch Network

    The mercurial nature of P2P lending

    The meteoric rise of e-lending platforms attracted a lot of interest among investors and entrepreneurs. Lending Club and OnDeck have already become public companies, and their competitors, such as Funding Circle, SoFi, Prosper, RateSetter, Zopa, Avant, Kabbage and others continue to develop and increase their loan portfolios. Read More

  • For online lenders, it’s suddenly touch-and-go

    For online lenders, it’s suddenly touch-and-go

    A year ago, privately held online lenders like Prosper, SoFi and Avant looked all but certain to go public at the same unicorn valuations their venture investors had assigned them — if not higher. They were seemingly reshaping the student, consumer and small business lending business. The market they’re chasing is enormous: The U.S. consumer lending market is a $3.5… Read More

  • Making sense of the lending industry’s rapid changes Crunch Network

    Making sense of the lending industry’s rapid changes

    Lending, one of the biggest industries, is currently undergoing a transformation. As it was with the automobile industry transformation, a number of modern innovators will probably face serious difficulties, some will merge with competitors and some will just disappear. Read More

  • What Lending Club’s falling share price means for the P2P lending sector Crunch Network

    What Lending Club’s falling share price means for the P2P lending sector

    Lending Club, the largest P2P lending platform in the U.S., has seen its share price drop by more than 50 percent since December 10; the price per share on the NASDAQ Stock Market dropped from $14 to less than $7 (current price per share will vary). So what is the reason for such a precipitous decline in the share price of the world’s leading P2P lender, and what does it tell us about… Read More

  • The State Of P2P Lending Crunch Network

    The State Of P2P Lending

    P2P lending became one of the hottest industries in fintech — or any other any industry — in 2015. Companies raised large venture rounds, investors found unicorns and there were even a couple of IPOs. Will 2016 continue this trend, or will the P2P lending bubble finally pop? Read More

  • The Evolving Nature Of P2P Lending Marketplaces Crunch Network

    The Evolving Nature Of P2P Lending Marketplaces

    In March 2014, The Economist published Banking without banks, declaring that peer-to-peer (P2P) lending platforms were set to disrupt banks and other traditional sources of capital by directly connecting borrowers to individual lenders. In the past few years, the so-called P2P lending industry has certainly experienced tremendous growth, with origination volume doubling annually, reaching… Read More

  • P2P Lending Is Profitable, Even In A Recession Crunch Network

    P2P Lending Is Profitable, Even In A Recession

    People often ask me how I went from building multiple companies in ad tech, music tech, data analytics and mobile advertising to being a lending fund manager. It didn’t happen overnight. In fact, it was almost a decade in the making. Here’s my story, and why I fell in love with P2P lending as an investment. Read More

  • P2P Lending Site Funding Circle Raises $150M Led By DST At A $1B+ Valuation

    P2P Lending Site Funding Circle Raises $150M Led By DST At A $1B+ Valuation

    Time to make way for another startup juggernaut out of the financial world. Funding Circle — a London-based peer-to-peer platform for small businesses to get loans, and investors to put up money to finance those loans — is today announcing that it has raised $150 million in venture funding, in a round that we have confirmed values the startup at over $1 billion. While… Read More

  • Auxmoney Pulls In $16M To Take Its P2P Money-Lending Platform Beyond Germany

    Auxmoney Pulls In $16M To Take Its P2P Money-Lending Platform Beyond Germany

    Germany’s Auxmoney, a peer-to-peer marketplace for lending money, has closed a $16 million Series B funding round, led by Foundation Capital. Partech Ventures and Scott Bommer also participated, alongside existing backers Index Ventures and Union Square Ventures. Read More