For online lenders, Wall Street cash brings growth and risk - By - TopicsExpress



          

For online lenders, Wall Street cash brings growth and risk - By Alistair Barr SAN FRANCISCO (Reuters) - Institutional investors are tripping over themselves to buy so-called peer-to-peer loans offered by a new breed of Internet lending companies, a development that could transform the nascent sector into significant player in the credit markets. P2P lending, as it is known, started in 2006 with the founding of Lending Club and Prosper Marketplace. Back then, the idea w... ow.ly/2y3Ueb
Posted on: Wed, 03 Jul 2013 05:27:14 +0000

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