In April 2018, LendingClub provided us with $5,000 to open a brand new account. Since then we have been chronicling the status...
Every quarter Peter Renton, Founder of Lend Academy and Co-Founder of LendIt Fintech shares his investments in various marketplace lenders;...
That was quick. After receiving preliminary approval from the OCC on December 30, LendingClub announced today that they have now...
Steve Allocca is skeptical that the announcement this week of FICO 10, the new credit scoring model from Fair Isaac,...
The complaint stated that LendingClub violated federal laws which protect consumers from unfair and deceptive practices; LendingClub stock price dropped on the news which related to LendingClub’s promise of no hidden fees and a statement to applicants that “Investors Have Backed Your Loan” even though borrowers may not have been approved; some borrowers also experienced overdraft fees when LendingClub withdrew double payments according to the complaint. LendingClub responded to the complaint by issuing a press release. Source
Yesterday LendingClub announced as part of their Q4 2019 earnings call that they are acquiring a bank, something no other...
Green Dot Eyes Banking-As-A-Service, Gen Z To Build On Q4 Growth $650 billion asset manager Franklin Templeton is embedding data...
When Scott Sanborn signed up, the topic exercised his expertise: how did LendingClub build a digital marketplace bank. Then, things changed.
This afternoon LendingClub released their earnings for Q3 2020. They have bounced back from the lows of Q2 showing a...
Lending Club has closed five of its investment funds under LC Advisors; the loans have been sold off to various buyers and the company has rebranded its investment management business to LendingClub Asset Management. Source