Amazon, PayPal & EBay Expand Lending Options

The mantra in marketplace lending is to build, buy or partner. When people say this they are talking about fintech firms and banks and how they should work together. One side left out of this equation is fintech platforms getting into lending for their own customers like Amazon, Paypal, or EBay. All are or soon … Read moreAmazon, PayPal & EBay Expand Lending Options

How Much Should I Invest in Peer to Peer Lending?

How much should I invest in peer to peer lending? I get this question every week and like many investment related questions, the answer is it depends. Remember, everyone’s financial situation is different and I’m not a financial advisor….. While the real answer is it depends, there are some things you should look for when … Read moreHow Much Should I Invest in Peer to Peer Lending?

Lending Club’s 2nd Quarter Earnings

After yesterday’s close, Lending Club (symbol: LC) announced its 2nd quarter earnings. If you want to read the entire transcript from the earnings call yesterday, here is a copy at Seeking Alpha. (a free email signup required to read it all) You can also find the numbers and presentation on the LC site. Let’s check … Read moreLending Club’s 2nd Quarter Earnings

Lending Club’s 3rd Quarter Earnings

The industry bellweather Lending Club announced its earnings this morning before the opening bell of the stock market for the week. The consensus of 6 analysts that cover the stock, according to Zacks Investment Research is an EPS (earnings per share) of -$0.10. Let’s see how they actually did. By now you know about what … Read moreLending Club’s 3rd Quarter Earnings