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LendingClub was initially launched on Facebook as one of Facebook's first applications. [9] [10] After receiving $10.26 million in a Series A funding round in August 2007, from venture capital investors Norwest Venture Partners and Canaan Partners, LendingClub was developed into a full-scale peer-to-peer lending company.
Peer-to-peer lending marketplace Lending Club just announced several new features for investors who use the service which can help them earn an average return of 9.67%. The new features, which ...
Peer-to-peer lending, also abbreviated as P2P lending, is the practice of lending money to individuals or businesses through online services that match lenders with borrowers. Peer-to-peer lending companies often offer their services online, and attempt to operate with lower overhead and provide their services more cheaply than traditional ...
Peer to Peer lending isn't just a good way to get a loan for consolidating your debt or launching a small business, it's also a great way to invest. LendingClub.com, one of the best known p2p ...
Peer-to-peer investing (P2PI) is the practice of investing money in notes issued by borrowers who are requesting a loan without going through a traditional financial intermediary and who are unknown to the investor. P2PI is not to be confused with Peer-to-peer lending (P2PL) which deals with the borrower's part. Investing takes place online via ...
If you've been looking for investment options for your money, you've likely encountered P2P platforms at some point. With reports that the peer-to-peer lending market could hit over $21 billion by...
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