{"id":41964,"date":"2014-05-06T03:51:28","date_gmt":"2014-05-06T07:51:28","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=41964"},"modified":"2014-05-05T23:59:03","modified_gmt":"2014-05-06T03:59:03","slug":"banks-hedge-funds-push-into-peer-to-peer-lending","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2014\/banks-hedge-funds-push-into-peer-to-peer-lending.html","title":{"rendered":"Banks, hedge funds push into peer-to-peer lending"},"content":{"rendered":"<p style=\"color: #000000;\">SF Gate &#8211; Peer-to-peer lending started as a way individuals could borrow money from other individuals over the Internet. But now that big money is flooding the market, it might be due for a name\u00a0change.<\/p>\n<p style=\"color: #000000;\">On Monday,\u00a0Lending Club, the biggest P2P lender, announced a &#8220;strategic alliance&#8221; with Union Bank, one of the nation&#8217;s 20 largest banks. Initially, Union Bank will purchase personal loans through Lending Club&#8217;s platform. Eventually, the two companies, both based in San Francisco, will create new credit products for their\u00a0customers.<\/p>\n<p style=\"color: #000000;\"><a href=\"http:\/\/www.sfgate.com\/business\/networth\/article\/Banks-hedge-funds-push-into-peer-to-peer-lending-5455005.php\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SF Gate &#8211; Peer-to-peer lending started as a way individuals could borrow money from other individuals over the Internet. But now that big money is flooding the market, it might be due for a name\u00a0change. On Monday,\u00a0Lending Club, the biggest [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-41964","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/41964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=41964"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/41964\/revisions"}],"predecessor-version":[{"id":41965,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/41964\/revisions\/41965"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=41964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=41964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=41964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}