About LendingMemo & Simon Cunningham

Peer to peer lending was a fascinating breakthrough in American finance in the 2010s. Where banks often struggled and failed to provide personal loans in a way that could scale nationwide, startups like Lending Club and Prosper took advantage of technology to approach lending at the lowest cost in human history, enabling a brand new industry to rapidly scale and make headlines. While peer to peer lending, as it was originally conceived, eventually experienced hardships and is no longer even offered by Lending Club today, its glory days of the mid 2010s acted as an important trailblazer that paved the way for many of the financial technology companies that exist today.

Cited by major press (CNBC, Wall Street Journal, etc.) for its lending education, the original purpose of LendingMemo was to help people discover and navigate lending and borrowing money online. Feel free to watch some old peer to peer investing videos or read a few interesting articles.

Cheers,

About Simon Cunningham

Simon-Cunningham-Portrait-300px Simon Cunningham was the founder of the now-defunct peer to peer lending education site LendingMemo. He began investing in peer to peer loans while living in Seattle in 2011. The ability to save for retirement while helping people get out of debt is what inspired him to start this site. His work culminated in him being invited by Lending Club to the floor of the New York Stock Exchange in 2014 for their IPO. Simon’s greatest passion is the intersection of theology and subjectivity; he was awarded a PhD in 2026 for his work in existential theology. Today he directs Holy Ground, a theology education site that connects writing of Christian scholars to everyday people.