By Emmanuel Marot:Investing in Peer Lending loans is becoming increasingly popular. Lending Club, the US market leader, has issued more than $3B in consumer credit, and there is now a frenzied competition amongst investors to snatch up the best loans.
I have a piece in this week’s NY Mag about Lending Club, part of a series of profiles of what the magazine calls “boom brands“. I’ve been a fan of the Lending Club model since April 2009, and have watched its steady, disciplined growth with admiration since then.
ByRenee Ann Butler:
Google (GOOG) is a technology powerhouse, and it shows. The company has its hands in enough pies that it is really just a matter of time before it all comes together and Google becomes even more of a force than it already is. The company's very name has become synonymous with search engines and, to a large extent, mobile phones, but now it may have a new project on the horizon -- peer-to-peer lending.