Peer & Social Lending

Everything Peer to Peer Lending

LendingClub IPO - A Review of the Day that Changed P2P Lending

by 9 Comments

Yesterday was an incredible day for the peer to peer lending industry as LendingClub went public.  It surely has brought attention to a new way of investing that I have been involved with for a year and a half.  There has been a substantial increase in articles about LendingClub which will only expand the investor and borrower base.  The most exciting article for me is below, where I was mentioned in the Wall Street Journal:

Lending Club IPO: Finance Business Gets Tech-Stock Allure

In this post, I’ll outline how I handled the shares of LendingClub stock I was allocated.  Please feel free to share how you fared in the comments.

[Read more…]

Investing in Lending Club’s IPO

by 35 Comments

On November 17th, investors received the below email from Lending Club stating that the IPO shares of Lending Club (ticker: LC) are to be offered through Fidelity.  Keep in mind it was recently reported that Lending Club may be seeking a buyer. If you are a Lending Club investor as of September 2014, you should have also received the email as well.  This was a surprise since myself and many others speculated that the IPO would be offered through Loyal3.  I outline the full process in this post and will continue to update this post as I hear more and hopefully successfully invest in the Lending Club IPO.  If you’re wanting to get in on the IPO, I would recommend starting this process early. At the bottom of this post, you’ll also find other links to coverage of the LendingClub IPO.

[Read more…]

Lending Club Filed to go Public - My Thoughts on Their IPO

by 4 Comments

By now you’ve probably heard that Lending Club has filed to go public.  Lending Club will now be in a “quiet period” until after the IPO actually occurs.  If you’re interested in digging in yourself, you can view the SEC related documents here:

http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001409970&owner=include&count=40

There has been some talk regarding whether the IPO will be available for retail investors.  For an industry that started with mostly retail investors, I hope Lending Club does their best to make this possible. After all, we are talking about something that once represented true “Peer to Peer Lending”  I’m hopeful and signed up to be notified of new IPOs through Loyal3.  If you haven’t heard of Loyal3, it is an easy way for retail investors to purchase stocks of well known U.S. companies. Most recently, they have allowed retail investors access to the GoPro IPO.

This is solely just speculation on my part, but if you want to get notified of upcoming IPOs offered through Loyal3 - you can do so through my below (affiliate) link:

Loyal 3 - Get notified of new IPOs

[Read more…]