I reached out to Simon Hermiz who is the co-founder and CEO of NoteX360 to learn more about their offerings. The easiest way to understand NoteX360 is that they are an aggregator and execution provider for the alternative lending market. Thus, family offices and institutional investors come to them with credit models and filter strategies. NoteX360 executes on behalf of clients using their low latency ordering management system. [Read more...]
When it comes to social lending, I thought I had a pretty good idea of where I thought the industry could go and some of the other niches that social lending companies could service. Last week that changed when I heard about Red Rock Assets. It seems like there is no lack of innovation when it comes to disrupting industries. Red Rock Assets has an interesting twist on social lending. For one, it offers only mining projects through its platform. Not only do lenders earn interest, but there is also a profit sharing aspect, which is a unique concept. Intrigued? I was, and that’s why I was anxious to talk with Matthew Freedman - CEO of Red Rock Assets - to learn more.
BorrowFlex is a startup in the peer to peer lending space with a twist. As opposed to getting a loan funded from anonymous investors with Lending Club and Prosper - your friends and family act as lenders. Since people lend money to friends and family already, it makes sense to structure and streamline the process. People need loans for all sorts of reasons, but I think this could be a particularly great alternative for people who often resort to things like payday loans. I had the opportunity to send questions to David Tran from BorrowFlex to learn more.
From time to time, I like to feature other companies involved in the peer to peer lending space. Orchard Platform is one of many companies involved in investing money in peer to peer lending for institutional investors. I spoke to Matt Burton from Orchard to learn more about Orchard and get his insight into the p2p lending industry. [Read more...]
BlueVestment is a third party tool for automation with LendingClub. Recently, they have made their product completely free for investors. Not only does the tool allow you to select your own custom filters, but it also ties into P2P-Picks for loan picking - a feature that I’m currently using. (If you haven’t heard of Bryce Mason from P2P-Picks, you may also be interested in the podcast he did with LendAcademy here)
Nathan from BlueVestment was nice enough to participate in our third part in a series of posts about third party tools. If you have any questions for Nathan, please feel free to post in the comments.
This is our second post in a series of posts of third party tools for peer to peer lending. Our first post featured automated investing with LendingRobot. In this session, we will be featuring a Q & A with Michael from Nickel Steamroller, which is a great source of information for everything LendingClub and Prosper. [Read more...]
This isn’t the first time that we have talked about third party tools for automated investing on Peer & Social Lending. Today marks the first of a series of posts we plan to do on all of the popular third party tools that exist for Lending Club and Prosper. We are starting off this series with a Q & A of LendingRobot created by Gilad Golan and Emmanuel Marot. As you read through this post be thinking of other questions you may have as Emmanuel has agreed to field any additional questions in the comments section. [Read more...]
Recently there has been a lot of talk around the peer to peer lending community about institutional investors. Peer to peer institutional investors are companies who invest in places such as Lending Club and Prosper on behalf of their clients. We reached out to one named Looking Glass Investments (LGI) which is headquartered in Milwaukee, WI. We had the opportunity to talk with co-founders Matthew O’Malley and Dr.Chad Cotti about their experience in the industry.