Last week we saw a number of positive signs for the industry coming from the US. LendingClub seems to have sorted out its troubles with Jefferies Group and Moody’s has removed warning’s from Citigroup Inc. securitization of Prosper loans. Peer-to-peer lending is also getting more coverage in traditional financial press in the UK with multiple articles in Financial Times and City A.M. This week we have also included a section with mentions of Bondora. Enjoy!
- Interview with the head of The Peer-to-Peer Finance Association discussing the current state of the industry and regulatory changes
P2P body chief denies FCA delays damaged industry (13.07.2016, FT Adviser) - News on positive developments in LendingClub’s relationship with Jefferies
Jefferies, LendingClub Said to Eye Revival of Scuttled Bond Sale (14.07.2016, Bloomberg) - Moody’s has decided to remove its downgrade warning from securitization of Prosper loans
Moody’s Decides Against Downgrade for Prosper Marketplace Loan Deal (15.07.2016, Wall Street Journal) - A review on how asset managers have jumped into peer-to-peer lending and what challenges might still be ahead
Asset managers run risks in the rush into peer-to-peer loans (17.07.2016, Financial Times) - Discussion on how and why peer-to-peer lending has still not expanded in the independent financial advisers market
How are the alternative finance industry and the $1.6 trillion wealth management market approaching each other? (14.07.2016, City A.M.)
Mentions of Bondora over the past week
- In Estonian. An interview with Bondora CEO Pärtel Tomberg on the risks in the industry
“Äripäev eetris”: kuidas mõjutab kriis Bondora investoreid? (11.07.2016, Äripäev) - A light interview with our CEO on Bondora in general and how the company was started
FINTERVIEW: BONDORA (11.07.2016, Finance Zweinull) - In Czech. One of our customers talks about the very positive Bondora portfolio performance and track record
BONDORA P2P PŮJČKY, RECENZE, ZKUŠENOSTI O VÝKONNOSTI INVESTICE (15.07.2016, Blog: mladyinvestor.cz) - In German. Another investor talks about his 44 months with Bondora and why he believes 10-12% returns on Bondora are realistic
Bondora – doppelt oder nichts? (12.07.2016, Blog: p2p4oktaeder)