Lending Club, Prosper woes are a ‘setback’ for MLA

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Lending Club, Prosper woes are a ‘setback’ for MLA

Lending Club

The Marketplace Lending Association (MLA), the online peer-to-peer (P2P) lending trade group launched in April, is dealing with a lack of industry coordination stemming from recent headwinds encountered by two of its founding members, people familiar with the matter tell GlobalCapital.

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