Tagged: lend academy

LendingRobot Acquired by Lime Financial

LendingRobot has been acquired by Lime Financial. According to an email, Lime Financial is now the majority owner of the company. Details of the transaction were not provided. LendingRobot was previously part of Lend Academy Investments, LLC dba NSR Invest. Lend Academy also operates the… Read More

LendIt Founder Slaps Down Bloomberg Article on Lending Club “Shady Loans”

Peter Renton, founder of LendIt and online lending industry advocate, has take to the pages of Lend Academy to defend Lending Club (NYSE:LC) following a critical article by BloombergBusinessweek. The Bloomberg article, co-authored by Max Chafkin and Noah Buhayar, hammered Lending Club by questioning the… Read More

Brief: Lend Academy & Emerald Asset Management Announce Partnership to Develop An Investment Management Business

On Monday, Lend Academy and Emerald Asset Management announced they have formed a strategic partnership to develop an investment management business to be focused on opportunities in the marketplace lending industry. Sharing details about the partnership, Emerald chairman and CEO, Joseph E. Besecker, explained: “We believe that… Read More

Peter Renton Celebrates Lend Academy’s Fifth Anniversary: “We’ve Come a Long Way, But There’s Still More to Do”

Five years ago, fintech trailblazer Peter Renton launched Social Lending Network which rebranded to Lend Academy in 2012. On his blog Renton reflects on industry changes during the half-decade. “Back in November 2010, Lending Club had issued less than $200 million in total loans and was focused primarily on retail… Read More

Peter Renton, Founder of Lend Academy & LendIt Conference, Contributes to Marketplace Lending’s Global Understanding, Growth & Success

  “I think Fintech, particularly as it applies to lending, has the capacity to completely transform how consumers and small business use credit. The best platforms are true innovators, underwriting consumers and small businesses in new ways using data that was simply unavailable ten or… Read More

Cloud Lending Solutions Launches New Platform Dedicated to Multi-Country Lending

Cloud Lending Solutions, a global cloud infrastructure company, announced on Tuesday the launch of CL Multi-Country Extension, a lending technology platform to support global operations. With CL Multi-Country Extension, marketplace lenders can manage all operations from a single system, including bank integrations, funds movement and… Read More

The University of Cambridge & University of Chicago Join Forces to Launch the 2015 Americas Alternative Finance Benchmarking Survey

The Cambridge Centre for Alternative Finance at Cambridge Judge Business School and the Polsky Center for Entrepreneurship and Innovation at Chicago Booth School of Business are jointly launching the 2015 Americas Alternative Finance Benchmarking Survey. This survey will be the first comprehensive and empirical assessment… Read More

A Primer in Marketplace Lending

There were over one hundred submissions for the RFI by the US Department of Treasury on Marketplace / Peer to Peer Lending. As one would expect, most commenters came with either an ax to grind or an urgent message to deliver.  In reading many (not… Read More

Direct Lending Investments Appoints Bryce Mason As New Chief Investment Officer

Direct Lending Investments LLC, a marketplace lending and investment firm, today announced that Bryce Mason will join the company as Chief Investment Officer. Direct Lending Investments is a marketplace lending and private investment firm that makes short-term, high-yield small business loans available in fund form to… Read More

Lend Academy Investments & Nickel Steamroller Merge to Create NSR Invest

On April 7, 2015, P2P industry pioneers: Lend Academy Investments and Nickel Steamroller announced that they had a completed a merger that resulted in the creation NSR Invest, a new P2P analytics and investment platform designed to support the distinct needs of financial advisors their retail… Read More

Lend Academy’s Peter Renton To Launch Managed Fund For P2P Loans

Peter Renton has been informing the world about the peer-to-peer lending space for some time now. Lend Academy is a great source of deep information on P2P lending and stalwart platforms like Lending Club and Prosper. Renton is now taking his place in the space to the… Read More

Brief: November Stats From P2P Lenders Lending Club, Prosper

Lend Academy’s Peter Renton shared stats from Lending Club and Prosper for the month of November. It should be no surprise that Lending Club continues to grow, issuing $280 million in new loans in the month of November. They issued just short of $100 million… Read More

Lend Academy and NowStreetMedia Announce Peer to Peer Lending Conference

Lend Academy, a resource for the P2P lending industry, and NowSteet Media, producer of  financial events that highlight Wall Street transformations, are pleased to announce LendIt, the first global conference for the burgeoning P2P and online lending industry. Lend Academy, the preeminent resource for the… Read More

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