The week of 25th of July was awfully quiet in our industry. The biggest news came once again from the US where Bloomberg wrote about Prosper’s plans to launch their proprietary investment fund focused solely on the peer-to-peer lending assets Prosper originates. Meanwhile Huffington Post and Financial Planner wrote about trends created by financial technology companies. Enjoy!
- Bloomberg writes that Prosper is setting up a peer-to-peer lending fund focused on buying the loans it originates. This opens up another route at attracting traditional investors.
Prosper Said to Pitch Fund That Would Buy Its Online Loans (25.07.2016, Bloomberg)
- An overview of the RoboAdviser industry and how it is moving into the peer-to-peer lending asset class.
Robo advisers’ next offering: Loans (25.07.2016, FinancialPlanning)
- Huffington Post looks at how financial technology companies have slowely shaped the way consumers and businesses today manage their money.
How Fintech Is Changing The Way We Handle Money (28.07.2016, Huffington Post)
Mentions of Bondora over the past week
Our Estonian readers can tune into a podcast where our CEO talks about Bondora underwriting and risk management processes. He also explains why savers should not look at the peer-to-peer lending asset class and the minimum amount people should be able to invest to diversify into peer-to-peer lending.
- Crowdfund Insider covers Bondora’s recent steps aimed at providing more transparency
Bondora: We Want to Be the Market Leader in Transparency (31.07.2016, Crowdfund Insider)
- Podcast in Estonian. Our CEO explains how Bondora underwriting works and why investors should not exploring peer-to-peer lending without having at least 1 000 euro to invest per each platform they pick.
Kuidas Bondora petturid välja sõelub? (25.07.2016, Äripäev Eetris)