The Daily Dig for Tuesday, February 2

The future of P2P

Where is the marketplace lending industry headed and what factors will most influence that path? Sonny Singh reports.

$Billions in question as 21 Chinese P2P execs arrested in fraud case

A group of executives from Ezubao have been arrested on suspicion they bilked 900,000 investors out of $7.6 billion. Richard Macauley reports.

Kickstarter video game campaign cancelled after funds spent on booze, strippers

At least they were honest. Eric Kain reports.

JPMorgan buys $900M of Lending Club loans from Santander

"Santander? Is that the new housekeeper?"

“Santander? Is that the new housekeeper?”

How’s that for name dropping in a headline? Learn more here.

Pakistani P2P partners with Singapore-based credit firm

i-Lend is the latest company to employ Lenddo’s technology for its own specific needs. Payal Ganguly reports.