What Happens When You Roll an Online Lender, a Robo-Adviser and Bitcoin into One?

By Timothy Sohn Dec 27, 2016 6:55 AM EST

(The Wall Street Journal) – Algorithmic Inc., a Bellevue, Wash.-based investment adviser, is launching a new credit fund that combines three of the hottest trends in the financial-technology sector: online lending, robo advisory and the technology that underpins the digital currency bitcoin. The company, which does business under the name LendingRobot, started out in 2012 by building a tool that automates retail investors’ purchases of loans from LendingClub Corp. and its peers.

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