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October 30th, 2008 — , MyC4, africa, csr capital, fund, ifu, kasper svarrer, mads kjaer, myc4.com, press release, sven riskaer, ulla tornaes from wiseclerk @ P2P-Banking.com
The Industrialisation Fund for Developing Countries (IFU) and CSR Capital have decided to invest a total of DKK 15 million (approx. EUR 2.2 million) in Africa through MYC4. The Danish Development Minister Ulla Tørnæs supports the decision.
“This is an extremely important milestone for MYC4. That IFU and CSR Capital now invest through MYC4 is an [...]
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Continue reading → IFU and CSR Capital invest 2.2M Euro in Africa via MyC4
April 10th, 2008 — , Prosper market summary, press release from Mike @ Prosperous Land Blog
Two days ago, Prosper released their March Marketplace Summary (also on Business Wire). As always, the most interesting part is Chris Larsen’s marketplace commentary:
As we have previously reported, Prosper’s mix of “well priced” …
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Continue reading → Prosper’s March Marketplace Summary
March 24th, 2008 — , Prosper, press release from Mike @ Prosperous Land
I almost overlooked this little nugget. Prosper has taken to pitching it’s lending platform as the perfect solution for hedge funds to get into the consumer credit market.
“Prosper is America’s largest peer-to-peer marketplace with over 600,000 me…
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Continue reading → Prosper Pitching To Hedge Funds
March 11th, 2008 — , Prosper, Prosper market summary, press release from Mike @ Prosperous Land
Prosper has released their February lending market survey, and, once again, my great enjoyment is perusing Chris Larsen’s take on the marketplace:
In February 2008, the percentage of prime loans funded on Prosper once again hit record le…
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Continue reading → Prosper’s February Lending Market Survey
December 1st, 2007 — linkfest, press release from Mike @ Prosperous Land
Unlike many stores, I at least had the decency to avoid Christmas references until after Thanksgiving. Now onto the giftwrapped, linky goodness.
My MicroFinance - Zzzzz… Zopa.com
Have you ever been promised something, then that day comes and you do…
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Continue reading → We Wish You A Merry Linkfest
November 29th, 2007 — Prosper, Prosper upgrade, press release from Mike @ Prosperous Land
Remember those new features that Prosper unveiled at the Finvoate but didn’t want to talk about? Well, the Finovate folks have finally published the video. Almost everything talked about has already been implemented (except the custom portfolios), so i…
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Continue reading → Prosper’s Finovate Presentation Video Available
November 13th, 2007 — Prosper market summary, press release from Mike @ Prosperous Land
Prosper has released their October market survey. This one has produced a great wealth of topics to explore, and I find that I have some contrasting opinions as well as insights with Chris Larson’s market commentary. Now, where to begin.
While Prosper…
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Continue reading → Prosper’s October Market Survey
November 1st, 2007 — Prosper, collections, press release, rumor from Mike @ Prosperous Land
Prosper Shira has hinted that there’ll be quarterly collections updates from Doug Fuller.
Thanks for this post. There is important feedback in here that I’ll make sure Doug Fuller sees.
As a reminder, Doug plans to update the community on Collection…
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Continue reading → Prosper To Give Quarterly Collections Update?
October 31st, 2007 — Market Survey, Mortgage Market, Prosper, press release, prosper news from Chris Larsen @ Prosper Blog: Prosper, the online marketplace for people-to-people lending
When the Fed cuts interest rates people often expect mortgage rates to drop. However, this is rarely the case given that mortgage markets typically anticipate rather than react to moves by the Fed. On the flip side of the coin, the variable credit card and savings rate markets react sometime after the Fed moves. In [...]
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Continue reading → Did Prosper Anticipate or React to the Fed Rate Cut?
October 31st, 2007 — Prosper, Prosper upgrade, press release, secondary market from Mike @ Prosperous Land
As RateLadder has already spotted, Prosper has filed a Form S-1 with the SEC. In addition, a press release from Prosper also hit the wires indicating that this is, indeed, part of the effort for a secondary market. From the press release:
Following ef…
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Continue reading → Prosper Begins Slow Legal Road To Secondary Loan Market
October 19th, 2007 — interview, linkfest, press release from Mike @ Prosperous Land
Old McLinker had some links, E-I-E-I-O…
Visible Banking did a video interview with Chris Larson right after his Finovate presentation. Was he careful not to talk about features that may or may not be appearing in the future? You be the judge.
Peer-…
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Continue reading → Here A Link, There A Link, Everywhere A Link-Link
October 18th, 2007 — press release from Mike @ Prosperous Land
I have never paid much attention to CircleLending because they facilitate loans between parties who have already agreed, in principle, to make the loan. In other words, they handle the bookkeeping. Virgin (of Richard Branson fame) purchased CircleLendi…
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Continue reading → Circle Lending Puts Up Volume
October 9th, 2007 — Prosper market summary, Statistics, press release from Mike @ Prosperous Land
Prosper released their September market summary. Check it out for all the details.
Their noteworthy section included some interesting statistics. Apparently self-reported computer programmers are the least likely to default, followed by government wor…
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Continue reading → Prosper’s September Lending Market Summary
September 22nd, 2007 — default, press release from Mike @ Prosperous Land
I completely missed this. Fortunately, Lending Stats didn’t. From their September e-mail only newsletter:
Prosper Tackles Collections
Prosper is pleased to introduce our new VP of Operations, Doug Fuller. Doug brings 25 years of experience to the Pr…
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Continue reading → Prosper VP To Toughen Up On Late Payments?
September 19th, 2007 — Prosper, default, press release from Mike @ Prosperous Land
I’ve had a few days to ruminate over the Prosper’s August lending market summary, and I’ve found a few items that are noteworthy. Specifically, their “Prosper Select” criteria and the top Prosper borrower states.
The Prosper Select criteria were liste…
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Continue reading → Studying The Lending Market Summary
September 13th, 2007 — Prosper, Prosper upgrade, press release from Mike @ Prosperous Land
Prosper’s performed their September upgrade last night. As someone named Andrew (Prosper Andrew perhaps?) commented in a previous post, the rapid transfer is now functional and will be called “Instant Transfer”. Prosper’s also implemented their much ta…
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Continue reading → Another Prosper Upgrade
September 12th, 2007 — Prosper, press release from Mike @ Prosperous Land
Prosper has published their first monthly Peer to Peer Lending Market summary. The market survey, surprisingly, covers just their own lending market. There’s some interesting statistics that we’ll digest in the next few days, but I want to highlight th…
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Continue reading → Prosper Monthly Market Summary