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Wells Fargo may get windfall with Lending Club IPO
www.sfgate.com

Wells Fargo will be the biggest winner when Lending Club – its friend and foe – goes public.The bank, through its venture capital arm, is the biggest investor in Lending Club, a peer-to-peer lender based in San Francisco.

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SocietyOne hands credit scores power to customers
www.theage.com.au

Borrowers will be able to access their credit scores for free from Tuesday on a new website backed by peer-to-peer lender SocietyOne, putting banks on the backfoot by encouraging high credit quality customers to negotiate lower interest rates on their loans.

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Lending Club Files For IPO, But Offers Little Insight
www.bankinnovation.net

Lending Club has filed a $500 million IPO, according to S-1 filings sent to the SEC.

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Amazon Quietly Hires Visa Credit Card Boss to Expand Little-Known Lending Business
recode.net

Nick Talwar is “leading Amazon’s global expansion into the lending industry.

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SAOS Survey looks to gauge interest in credit union and peer to peer lending.
www.smallholder.co.uk

In response to strong interest in the potential establishment of a new credit union for rural Scotland, SAOS, with KTP partners Aberdeen University, and support from NFU Scotland and RHASS, is running a survey to investigate alternative finance options for farms and rural businesses.

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With IPO coming, Lending Club starts pulling out the stops
smallbusiness.yahoo.com

Apparently feeling some competitive urgency, the dominant peer-to-peer lending company has accelerated its expansion — and reversed its profitability for now.

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How to Play Banker to Your Peers
time.com

Lending Club’s IPO filing puts peer-to-peer lending in the spotlight. If you’re thinking about opening your wallet, here’s what you need to know.

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LendingClub’s silent backer poised for windfall
www.cnbc.com

There’s a certain irony to the upcoming IPO of LendingClub, the lender that’s used software to take on the big banks. The top winner is Wells Fargo.

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