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Latest Person-to-person lending Stories

2014-07-02 08:30:06

SHANGHAI, July 2, 2014 /PRNewswire/ -- Yu'e Bao came into being on June 13, 2013. The money market funds sold over the Internet have little innovation in essence, but has changed the daily lives of many. Yu'e Bao has since pioneered the wave of Internet financing. Today, yet another revolution is coming. This time, it is online P2P lending that will again change Chinese wealth management habits. At 10:10 am on June 27th, Sina Weicaifu and Dianrong.com, a leading P2P company in China,...

2014-05-30 23:13:22

LendingMemo Relaunches as Peer to Peer Lending Educational Hub Seattle, WA (PRWEB) May 30, 2014 LendingMemo (LendingMemo.com), a peer to peer lending investor resource, announced today the relaunch of its site as a educational hub for the average American investor. The company's founder, Simon Cunningham, outlines LendingMemo's renewed mission to introduce the investment of consumer credit to the average American: "LendingMemo has added much to the peer to peer lending...

2014-04-29 12:39:24

Presentation to Focus on Who Needs a Qualified Custodian, and Why? OAK BROOK, Ill., April 29, 2014 /PRNewswire/ -- Millennium Trust Company, a leading provider of essential custody solutions to the online lending industry, announced today that it will host a company workshop at this year's LendIt Conference on May 5th at the Hilton Union Square in San Francisco. The second-annual LendIt Conference is the leading conference in the global online lending industry, encompassing both...

2014-04-14 16:27:52

More lenders, automated approvals and new platforms increase credit accessibility to consumers CHARLOTTE, N.C., April 14, 2014 /PRNewswire/ -- LendingTree, the nation's leading online source for competitive loan now provides consumers a more competitive marketplace for personal loans. Continuing to grow its network of personal loan providers, LendingTree is able to provide consumers with customized, real-time quotes from multiple lenders....

2014-03-12 12:33:34

WILMINGTON, Del., March 12, 2014 /PRNewswire/ -- Marlette Funding, LLC, a national lender of unsecured personal loans, announced today the launch of Best Egg, a streamlined approach to lending that enables consumers to borrow money online at competitive rates without administrative hassles or long waiting periods. "Our goal is to help our customers recover from credit card debt in a way that is clear and affordable and to get them on the path to building their nest egg," said Bobby...

2014-03-05 23:00:40

Investment will help accelerate rate of growth of P2P lending in Australia Sydney, Australia (PRWEB) March 06, 2014 SocietyOne, Australia’s leading Peer-to-Peer (P2P) lending company, today announced it has successfully completed an $8.5 million Series A round that includes investments from the newly-launched Australian venture capital fund Reinventure, Munich-based Global Founders Capital (GFC) as well as a private investment from Justin Reizes together with a number of existing...

2014-02-24 23:25:28

Peer-to-peer hedge fund to expand its investment in Main Street businesses through pioneering crowdlending platform. San Diego, CA (PRWEB) February 24, 2014 Direct Lending Investments, LLC, the general partner of a peer-to-peer (P2P) fund with a diversified pool of high-yielding, short-term small business notes, today announced a partnership agreement with Dealstruck, Inc., a leading online crowdlending platform. The deal flow provided by Dealstruck will enable Direct Lending Investments...

2014-02-05 23:24:19

Prime Meridian Income Fund, a peer-to-peer lending fund, released its 2013 returns reporting a profit of 9.89% net of fees and expenses. San Francisco, CA (PRWEB) February 05, 2014 Prime Meridian Income Fund, a peer-to-peer lending fund, released its 2013 returns reporting a profit of 9.89% net of fees and expenses. Since its inception in May 2012, Prime Meridian Income Fund, which is managed by Prime Meridian Capital Management, has returned 20 consecutive months of profit without a...

2014-02-04 08:41:28

MOUNTAIN VIEW, Calif., Feb. 4, 2014 /PRNewswire/ -- Zidisha has launched its global direct microlending platform at the legendary tech startup incubator Y Combinator. Dubbed an "eBay for microlending", Zidisha is the first online P2P lending platform to link individual lenders and borrowers directly across international borders. (Logo: http://photos.prnewswire.com/prnh/20140204/NE57723LOGO) A United States nonprofit organization, Zidisha lets ordinary web users make microloans to...

2014-01-07 08:40:31

- Can he Build the Lending Club Again, and This Time in China? SHANGHAI, Jan. 7, 2014 /PRNewswire/ -- Shanghai-based online financial services firm Dianrong.com recently announced that it has entered into an investment agreement with Northern Light Venture Capital (NLVC), under which the company has received tens of millions of dollars in investment from NLVC. Industry watchers and players have taken note as Lending Club co-founder and former Head of Technology Soul Htite has brought...


Word of the Day
siliqua
  • A Roman unit of weight, 1⁄1728 of a pound.
  • A weight of four grains used in weighing gold and precious stones; a carat.
  • In anatomy, a formation suggesting a husk or pod.
  • The lowest unit in the Roman coinage, the twenty-fourth part of a solidus.
  • A coin of base silver of the Gothic and Lombard kings of Italy.
'Siliqua' comes from a Latin word meaning 'a pod.'
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