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LendingRobot

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This is an old revision of this page, as edited by JackPerr (talk | contribs) at 17:09, 5 October 2015. The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.
  • Comment: LendingRobot may be notable, but we require multiple, reliable, independent, secondary sources providing in-depth coverage to provide evidence of it as described above. The NYT is a passing reference, GeekWire is an interview and may not meet WP's narrow definition of reliable. American Banker appears to meet our critieria, but we need one more like it.
    You might also take a look at User:Joe Decker/IsThisNotable. I'm still working on refining it, but my hope is to provide a more step-by-stem (if still not simple) approach to explaining what we need in terms of demonstrating notability. Perhaps it will be helpful. j⚛e deckertalk 18:11, 29 May 2014 (UTC)
LendingRobot
Company typePrivate
IndustryPersonal finance, Software
Founded2012
HeadquartersSeattle, Washington
Key people
Emmanuel Marot, Gilad Golan
ProductsPeer-to-peer lending
WebsiteLendingRobot.com

LendingRobot is an automated investment service for Peer to Peer Lending for retail investors[1]. It is based in Seattle, Washington,[2] and was the first SEC-registered Investment Advisor[3] in the Peer to Peer Lending industry.

History

LendingRobot was originally created as a small script by Emmanuel Marot and Gilad Golan to automate their own, personal investments[4] on Lending Club. After discovering that the most popular loans were gone a few seconds only after publication, they decided to offer the service to other individual investors. The first tests with external users were made in September 2013. In the following months, LendingRobot accepted more users while still remaining in private beta. Subsequently, LendingRobot became the first platform[5] to offer automated secondary market note trading on [[1]].

LendingRobot added support for the Prosper Marketplace in February 2014, and became registered as Investment Advisor with the SEC in April 2014

It closed first a Seed Round of $700,000 dollars during the spring of 2014, and a Series A financing round of approximately $3 million in January 2015, led by investor Runa_Capital.

LendingRobot has been listed as a member of "30 Hot Fintech Startups to Watch" by Fox Small Business.[6]

On 3 September 2015 LendingRobot announced a partnership with Lending Club to be the first partner aligned with the Lending Club's latest initiative[7]— Lending Club Open Integration, which allows investors to open accounts through third party websites.

References

  1. ^ Wack, Kevin (1 May 2014). "Five Companies to Watch from Finovate". American Banker. Retrieved 5 October 2015.
  2. ^ "LendingRobot takes the reins to combat investing pain". The Seattle Times. June 15, 2015. Retrieved 5 October 2015.
  3. ^ "EDGAR Search Results". U.S. Securities and Exchange Commission. U.S. Securities and Exchange Commission. Retrieved 5 October 2015.
  4. ^ O'Hear, Steve (1 January 2015). "LendingRobot Scores $3M To Automate Investing On P2P Lending Platforms Lending Club And Prosper". TechCrunch. Retrieved 5 October 2015.
  5. ^ Sabin, Samantha. "Investing on LendingClub just got easier". CNBC. CNBC. Retrieved 1 October 2015.
  6. ^ Marquit, Miranda (18 May 2015). "30 Hot Fintech Startups to Watch". Fox Business. Retrieved 5 October 2015.
  7. ^ Pylarinou, Efi (24 August 2015). "LendingRobot and NSRInvest, "les fiancées" of LendingClub". Bank Innovation. Retrieved 5 October 2015.
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