The following is a compendium demonstrating the penetration of Marketplace Lending.
LendingRobot’s “Fully Automated” mode utilizes our machine-learning algorithm to intelligently identify and buy loans.
LendingRobot’s mission has always been to simplify the marketplace lending experience for individual investors.
There have been a lot of changes since Marketplace Lending was introduced in 2006, but since surviving the financial crisis of 2008 and SEC scrutiny in 2008-2009 it’s clear that Marketplace Lending is an asset class that is here to stay.
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.