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Why These Two Big Banks Are Stiff-Arming P-to-P
www.americanbanker.com

“The peer-to-peer lending opportunity is not one that is at the top of our list,” Richard Fairbank, the chief executive of Capital One, told analysts in a conference call this month. “There are a number of other really clever things that are happening with startups that we’re a lot more interested in.”

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Regulatory Barriers Are Holding Back Investing And Lending Opportunities For Crowdfunding
www.forbes.com

Crowdfunding is a powerful tool for innovation and we shouldn’t be satisfied with a government that wants to hold it back.

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Bitcoin P2P Lending Platform BitLendingClub Gains $200K Seed Funding
www.cryptocoinsnews.com

BitLendingClub, a Bulgarian Bitcoin crowd lending platform, has announced that they have received a $200,000 seed investment from the European VC fund LAUNCHub. Launchub is a seed fund that invests in European digital startups. BitLendingClub is a peer-to-peer platform that allows Bitcoin lenders to lend Bitcoin borrowers.

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Kabbage enters consumer credit via Karrot
www.bankingexchange.com

Instant loans via online analysis and delivery Kathryn Petralia and her Kabbage teammates have expanded their online “garden” with Karrot (…).

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Smaller bank loan sector set to face rising peer pressure
www.ft.com

The world’s most powerful man, largest bond fund manager and second or fourth best university (depending on on’€™s preferred ranking) would not have entrusted the fate of billions of dollars to somebody who could not see round the next corner.

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PWC & Funding Circle form UK Partnership
www.crowdfundinsider.com

UK based peer to peer lending platform Funding Circle has announced a partnership with global consulting firm PWC to support more UK businesses access capital.

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City Insider: Horlick pushes P2P
www.ft.com

Nicola Horlick: Supermum pushes P2P Self-styled City supermum Nicola Horlick has moved – not without the odd stumble – from fund manager to film and restaurant backer to the fashionable business of peer-to-peer lending, known as crowdfunding.

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Peer-to-Peer Lending Gains Support of Veteran Bankers
www.bloomberg.com

On “Before The Bell,” Bloomberg’s Betty Liu, Mia Saini, and Pimm Fox run down the top stories of the day. They speak on “In The Loop.”

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