Brief: November Stats From P2P Lenders Lending Club, Prosper

lending club and prosperLend Academy’s Peter Renton shared stats from Lending Club and Prosper for the month of November.

It should be no surprise that Lending Club continues to grow, issuing $280 million in new loans in the month of November. They issued just short of $100 million in November of 2012, representing ~180% year-over-year growth.

Lending Club has also crossed $3 billion in total loans issued since inception. Note that at their current pace, they’re set to match that $3 billion next year alone.

Prosper issued $46 million in loans in November, just a little less than the roughly $50 million in loans issued in October. (October had 23 business days and November had 19, which contributed to the regression.)

See all the stats at Lend Academy

Sponsored Links by DQ Promote

Send this to a friend