Peer-to-Peer (P2P)

Sometimes it’s best to rely on the kindness of strangers when borrowing money.

Prosper study shows many teetering on financial precipice

The results of a study released by Prosper Marketplace show many Americans have at best tenuous control over their finances. The Prosper Marketplace Financial Wellness Study surveyed 1,000 American adults with financial decision-making power. Close to one in four respondents ...

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Human-centered risk management

On the Kiva Zip team, we’re enjoying disrupting financial paradigms. Most lenders look at financial data when assessing credit risk — the strength of a borrower’s credit score or their cashflows. We emphasize social data — the strength of a borrower’s character and their ...

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BorrowersFirst adds former Lending Club executive

BorrowersFirst has hired former Lending Club Senior Vice President Zhi Zhou as its new Chef Risk Officer and Head of Enterprise Analytics. Mr. Zhou had been with Lending Club since 2009, joining the platform when it employed 20 people. He ...

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Credible expands into personal loans

Student loan facilitation and refinancing platform Credible is expanding into personal loans with a format which will look familiar to its clientele. Borrowers complete one form before a soft credit inquiry not impacting credit score is made. Competitive loan offers ...

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Orchard Platform to publish marketplace lending data on Bloomberg

Marketplace lending technology and data provider Orchard Platform will distribute its U.S. Consumer Marketplace Lending Index on the Bloomberg Professional Service. Bloomberg subscribers can access Orchard’s Index while using Bloomberg Intelligence. The Index attempts to measure the overall performance of ...

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