Peer-to-peer lending stock soars in IPO

Peer-to-peer lending stock soars in IPO
Of course, peer-to-peer lending is still a relatively new industry, and there are many unknowns. Rising interest rates, defaults, and lawsuits are all par for the course. In an SEC filing, the company also mentioned "negative publicity" of the industry …
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Peer-To-Peer Lending: Better For Borrowers. Better For Lenders. Terrible For
The two largest P2P lending platforms, Lending Club and Prosper, have issued roughly $ 7.7 billion in loans cumulatively through September 2014, with annual growth rates between 200% and 300% over the last few years. Compared to the $ 880 billion in …
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Lendable Raises £2.5M As P2P Lending Market Shows No Signs Of Cooling
Perhaps riding the wave of U.S.-based Lending Club's recent $ 5.4 billion IPO, the UK's Lendable, which also offers a peer-to-peer lending platform for personal loans, has raised a £2.5 million seed round from a decent group of European angel investors …
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