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Roundup of Social Lending News – May 5, 2012

by Peter Renton on May 5, 2012

Every Saturday I bring you the latest news from the world of peer to peer lending. These are the best of the news articles and blog posts from around the web that I shared on Twitter this past week.

Probably the most important article of this week was the one on Daily Finance, the widely read site owned by AOL. It was a well researched article that included comments from Joseph Toms, the Chief Investment Officer at Prosper. But the most interesting article of the week from my perspective was the interview with Rebecca Lynn on Xconomy. Ms Lynn is a partner with Morgenthaler Ventures, a venture capital firm that has invested in Lending Club, and she is also on Lending Club’s board. She gave her perspective on why she thinks Lending Club has such great potential. Enjoy your weekend.

Five Cent Nickel - Lending Club Recovered Funds from Defaulted Loans

Xconomy - Xconomist of the Week: Rebecca Lynn on the Financial Services Boom

Texas Enterprise - Brief Evangelizing for P2P

Finextra - An orderly transition to the new branch state

DoughRoller - My Investment Portfolio Update (May 2012)

Prosper blog - Mac or PC? Learn how one borrower made the call with

Lucrative Lending - P2P Lenders Should Expect Borrowers that Won’t Pay


Lazy Man and Money - Lending Club Update – May 2012

Lend Analyst - 3 More Steps to Increase Lending Club Returns

AOL Daily Finance - Either a Borrower or a Lender Be: Why P2P Lending Keeps Growing

Lucrative Lending - P2P Lender posted 14.71% Loss on 3 Essential Lessons Learned

The Busy Executive Money Blog - Ready for P2P Investing (Just one big problem!)

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