Auto-Lend is a brand new product by Lending Loop that allows Lenders to automatically invest in loans as soon as they become available on the Marketplace. Auto-Lend automatically invests a Lender’s money in loans that meet their pre-selected criteria. The motivation behind building Auto-Lend was to help Lenders get the most out of Lending Loop’s […]
2 August 2017
Auto-Lend has arrived! How to get the most out of P2P lending by using Automated Lending
TORONTO Aug. 2, 2017 – Lending Loop has raised $2 million in funding to roll-out its new automated investing product, Auto-Lend, and continue to grow its presence as Canada’s premier peer-to-peer lending platform. The company also plans to use the funds to help with new product expansion later in the year. The round was led […]
Canada’s first peer-to-peer lender, Lending Loop, has opened its doors after completing its registration with the Ontario Securities Commission (OSC) and other securities regulators. The company today launched its platform to investors and small businesses across the country. The launch follows extensive efforts by the company’s founders to chart the course for peer-to-peer lending in Canada. […]
Lending Loop is currently engaging in discussions with the appropriate securities regulatory authorities. During this time, we have decided to voluntarily and temporarily halt the posting of new loan requests on the marketplace. Lending Loop will continue to service all existing loans and lenders will continue to be able to access their account, monitor their [...]
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