In October 2016, two leading P2P platforms in the U.S. — Lending Club and Prosper — announced a new increase in interest rates for lower-grade loans. The decision was made…
Those of us interested in marketplace lending have recently observed many pejorative headlines about P2P lending platforms, which mostly reported on Lending Club’s recent difficulties, but also criticized other platforms…
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…
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…
Startups
What Lending Club’s falling share price means for the P2P lending sector
1:00 pm PST • March 2, 2016
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…
