31 March 2016

Empowering People – Welcoming Innovation (Addressing The Sharing Economy)




Lending Loop's CEO, Cato Pastoll, recently joined Mr. Hudak in announcing Sharing Economy 2, a Private Member's Bill that addresses regulatory challenges faced by companies that operate in the sharing economy. This bill specifically focuses on Fintech which has become a rapidly growing industry in Canada. Unfortunately, Fintech in Canada continues to face an uphill [...]
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31 March 2016

OPEN LETTER: Lifting the Veil on Peer-to-Peer Lending in Canada (By NCFA Canada)




On behalf of the National Crowdfunding Association of Canada (NCFA), its members and affiliates, we would like to highlight the urgent need for governments and regulators to actively promote the growth and development of Canada’s nascent peer-to-peer marketplace lending (P2P Lending) industry to unlock potential benefits for borrowers and investors.   10 Facts about P2P [...]
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1 March 2016

We’ll Be Back Soon!




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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22 February 2016

How P2P Lending Works




Traditionally, when a company or a person wanted a loan, they would often go to the only place where they could get one: the bank. But now there’s another option called peer-to-peer (P2P) lending. P2P lending started about a decade ago and came to Canada only recently. Companies like Lending Loop act as an intermediary [...]
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