In a previous blog post, we mapped the parties involved in Peer Lending, showing that it involves many different businesses, all pretty specialized and efficient.
Today we reached a pretty cool milestone… The number of investment orders we submitted for our clients has passed one million.
Common wisdom is that Internet disrupts industries by removing intermediaries, and putting people in direct contact.
For some time, users have requested that we extend our powerful automated investing tools to provide rule-based trading on the secondary note market.
We have seen previously how machine learning and statistics could help predicting how much money a loan would pay back.
Today we are excited to announce a new feature: adding funds to your Lending Club account directly from LendingRobot.
[UPDATE: Our referral program promotion ended on 5/24/2015.]
Most of the time, lending institutions claim exceptional results are made possible through “better risk management.”
Lending Club is in the process of making changes to their API, so we thought it would be a good idea to explain how these changes affect the LendingRobot investor community.