Market awaits 2015’s first P2P ABS

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Market awaits 2015’s first P2P ABS

Lending Club

Several investment firms are readying securitizations of peer-to-peer (P2P), or "marketplace lending", loan collateral, some of which could materialise in the next two weeks. Market participants believe 2015 could be the year the P2P sector gains mainstream appeal, after the rapid growth of 2014, culminating in the December IPO of Lending Club.

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