As reported by Rateladder, there is an unknown company that has offered their newly developed p2p lending site for sale. They posted the following announcement on p2ptechforsale.com:We are from a company that is looking to sell all rights to our propri…
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P2P lending company for sale
April 28th, 2008 — , CommunityLend, IOU Central, Prosper, SocialLendingGroup, loanio, prosper competitor from tom @ Prosper Lending Review
Canada’s CommunityLend nears launch
April 9th, 2008 — , CommunityLend, IOU Central, group leader, peer to peer lending from tom @ Prosper Lending Review
We first reported on CommunityLend back in June 2007 and then again when they raised $2.5 million in venture capital. It appeared that they would become Canada’s first peer to peer loan marketplace. Then, in February, IOU Central stole the headlines wh…
Related StoresBackground on regulator’s action against IOU Central
March 3rd, 2008 — Canada, IOU Central from wiseclerk @ P2P-Banking.com
Today the Quebec security regulator in a press release commented on the action taken against IOU Central:
At the request of the Autorité des marchés financiers (AMF), the Bureau de décision et de révision en valeurs mobilières (BDRVM) issued an order on February 27, 2008 against IOU Central Inc. ("IOU") to cease any activity, directly, indirectly [...]
Continue reading → Background on regulator’s action against IOU Central
IOU Central halts operations to ‘resolve a regulatory matter’
February 29th, 2008 — CommunityLend, IOU Central from tom @ Prosper Lending Review
IOU Central, the first P2P lender in Canada, has suspended all new loan requests and stopped bidding on loans in order to “resolve a regulatory matter.” This is the announcement on their website:What Functionalities Are Available?Please note that the p…
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Continue reading → IOU Central halts operations to ‘resolve a regulatory matter’
Breaking news: IOU Central suspended by regulator
February 29th, 2008 — Canada, IOU Central from wiseclerk @ P2P-Banking.com
After being offline for several hours, Canadian IOUCentral.ca is now online again, but with limited functionality. That means that currently no loan listing and bidding is possible.
From the website:
Why Is IOU Central Operating With Limited Functionalities?IOU Central is now operating with limited functionality while we resolve a regulatory matter. IOU Central is acting in a [...]
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Continue reading → Breaking news: IOU Central suspended by regulator
How Fairrates’ problems became IOU Central’s headstart
February 24th, 2008 — Canada, Denmark, Fairrates, IOU Central from wiseclerk @ P2P-Banking.com
IOU Central launched first in Canada. As I already mentioned in my first post on IOU Central they profited from the knowledge input the two founders of danish Fairrates.dk brought with them. Fairrates had problems with fraud cases due to incomplete access to credit histories.
Here are some interesting notes by Bartlomiej Owczarek from Virtuous Cycle taken [...]
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Continue reading → How Fairrates’ problems became IOU Central’s headstart
Where did IOU Central come from?
February 24th, 2008 — CommunityLend, Fairrates, Finansowo, IOU Central, Kokos, Monetto from tom @ Prosper Lending Review
A couple days ago we wrote about IOU Central and how they beat CommunityLend to become the first P2P lending marketplace in Canada. IOU Central seemly came out of nowhere. We wrote about CommunityLend last June and then again in December when they secu…
Related StoresIOU Central beats CommunityLend to Canada’s market
February 21st, 2008 — CommunityLend, IOU Central from tom @ Prosper Lending Review
IOU Central just launched as Canada’s first P2P lending platform this month. Here’s a short YouTube introduction from Phil Marleau, Chief Executive Officer and Founder of IOU Central.IOU Central appears to be much like Prosper and Lending Club. A borro…
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P2P Lending Carnival #4
February 21st, 2008 — IOU Central, Kiva, Lending Club, Lending Club blog, Lending Hub, P2P lending carnival, Prosper, Virgin Money USA, prosper blog from tom @ Prosper Lending Review
In June of last year I reviewed the top Prosper blogs. Since then, the number of bloggers covering P2P lending has increased significantly and the content covers much more than just Prosper. I’m proud to host the 4th edition of the P2P Lending Carnival…
Related StoresIOU central launches p2p lending in Canada
February 12th, 2008 — Canada, Fairrates, IOU Central, Video from wiseclerk @ P2P-Banking.com
IOU central launched the first active p2p lending service in Canada today. Borrowers can request loans from 1,000 to 25,000 CAN$ and select a term between 1 and 36 months. IOU central allows the borrower to specify a minimum amount at which he will accept the loan, should it not fully fund in the 2 [...]
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Continue reading → IOU central launches p2p lending in Canada
