Loanio suspends operations

Asked to comment on the recent developments, Loanio CEO Michael Solomon told

In light of recent events beyond our control, Loanio, Inc. has suspended its business so that we may begin the process of registering our promissory notes with the appropriate securities authorities and agencies. As a direct result, please be advised that effective immediately Loanio will no longer be accepting registration from lenders or borrowers and/or any new bids on loans or loan requests until further notice.

This message will be posted on the Loanio platform today.

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6 thoughts on “Loanio suspends operations

  1. To participate in the class action lawsuit against prosper contact
    Phillip Kim, Esq.
    The Rosen Law Firm, P.A.
    350 5th Avenue, Suite 5508
    New York, New York 10118
    tel: (212) 686-1060

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