Lending Club float plan

Lending Club float plan
Lending Club, one of the most high-profile players in the so-called peer-to-peer lending industry, published a prospectus for a planned listing on Wednesday, setting $ 500m as a preliminary fundraising target. The nearly eight-year-old consumer internet …
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Peer-to-peer vs Payday loans
Peer-to-peer lending group, Lendico, says that new financial lending platforms that follow the peer-to-peer model could provide a safer, more secure alternative to payday loans. Payday Loans sites have recently attracted increasing scrutiny, being …
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Wells Fargo big winner when LendingClub goes public
Wells Fargo will be the biggest winner when LendingClub — its friend and foe — goes public. The bank, through its venture capital arm, is the biggest investor in LendingClub, a peer-to-peer lender based in San Francisco. LendingClub also does its …
Read more on SFGate (blog)

Peer-to-Peer Digital Banks Are Lending Billions of Dollars
A recent Fitch Ratings report shows that the peer-to-peer (P2P) digital banking space has become a billion-dollar industry and is growing fast. The largest P2P lenders in the world include Lending Club and Prosper in the U.S. and RateSetter, Zopa and …
Read more on Adweek

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