Sections
Lending Club
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EarningsLendingClub Logs Lower-Than-Expected Losses
Though LendingClub is still reporting losses this quarter and missed its revenue estimates, the...
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Data DiveData Dive, Reset Button Edition: Zelle, LendingClub and MoviePass
Hitting “reset” has been the top-line news item globally this week. North Korea and South...
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Alternative FinancesWhy Marketplace Lending Needs Less Transparency, Not More
Marketplace lending platforms — Lending Club, OnDeck, Prosper and the like — have inarguably...
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Alternative FinancesVenture Capitalists Wary Of Online Lenders
With an early string of alternative lenders having a tough go of it, startups...
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RetailIndia's Rentomojo Raises $10M For Expansion, Brand Awareness
Rentomojo, the Indian startup that enables consumers to rent appliances, furniture and other items,...
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Alternative FinancesRenaud Laplanche’s Second Act
F. Scott Fitzgerald is often quoted as the source behind the phrase, “there are...
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EarningsLending Club Keeps Pushing Its Comeback
The last 12 months have undoubtedly been a difficult period for marketplace lending pioneer...
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LoansHelping Investors Avoid The Lending Club Trap
Transparency cures all ills — especially in the online lending space where investors need...
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Consumer FinanceElevate Goes Public; Stocks Closes Higher On First Day Of...
Elevate Credit, the lending startup that last year delayed its initial public offering, went...
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Alternative FinancesLending Club’s Laplanche Back With New Venture
There are second acts in financial services, it seems — or at least interesting...
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Alternative FinancesLending Club Beats The Street, Wants To Be BFFs With...
Lending Club managed to do something yesterday that it hasn't been quite able to...
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Alternative FinancesLending Club's Tough Fall
Lending Club has had a tough year. In early May, news broke that Lending...
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Partnerships / AcquisitionsLendingRobot Launches Product That Connects With Lending Club
LendingRobot, the peer lending robo-advisor, announced on Thursday (Oct. 13) a new product connecting...
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Alternative FinancesLending Club Has A New CFO
Embattled marketplace lender Lending Club has appointed a new CFO. Thomas Casey will replace...
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B2B PaymentsOne Lending Club Investor Uncovered Its Questionable Practices
Lending Club suffered a widely publicized downfall this year when its CEO resigned after...
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Payments InnovationSizzle Or Fizzle: Restaurants Rule, FireEye Flounders And Lending Club...
The Olympic athletes are undoubtedly the biggest Sizzle of all this week, and Team...
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Alternative FinancesLending Club Appoints BlackRock Veteran As Chief Capital Officer
Lending Club, which has been struggling to recover from loan errors and the departure of...
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Alternative FinancesLendingClub's Skyrocketing Charge-Offs
Proving the old adage that troubles never travel alone and instead choose to hunt...
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Payment MethodsLending Club Says Ex-CEO Inflated Company's Volumes
Online lender Lending Club said Tuesday (June 28) that its founder and former CEO...
- Alternative Finances
Lending Club Names Scott Sanborn CEO
There’s big news out of Lending Club this morning. The pioneering marketplace lender has...
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Payments InnovationFinTech’s Bright Future Marred by Hype
Silicon Valley has the banking industry in its crosshairs. Hardly a day, hardly even...
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Mobile CommerceNever A Dull Moment: The Wild Week With CurrentC, Uber...
The news cycle has apparently not yet gotten the memo about summer being the...
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Alternative FinancesLending Club Holds More Funding Talks
The movement by Lending Club to obtain financing in order to help shore up...
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Alternative FinancesLending Club Site Hiccup Causes Investor Worry
A testament to just how difficult and uncertain the Lending Club situation has been...
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Alternative FinancesLaplanche Eyes Lending Club Buy While Investors Flee And Annual...
Well, one can say this much for Lending Club: For whatever difficulties it seems...
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InvestmentsLendingRobot Still Bullish About Lending Club Integration
The trading platform known as LendingRobot is enabling investors to invest in loans tied...
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Alternative FinancesWhat Lending Club's Board Doesn't Know Is Hurting It
One of the funds controlled by Lending Club that invests in its online consumer...
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Alternative FinancesMeet Lending Club's Largest Shareholder
Lending Club – and the alternative lending industry overall – has lost a lot...
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Alternative FinancesCiti Says ‘No Thanks’ To Lending Club
In the continuing emergence of details surrounding Lending Club and its woes in the...
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NewsPayments Summer Blockbusters Waiting To Be Written
For good or ill, summer blockbuster season is undeniably upon us. The highest grossing...
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RegulationNY Regulators Launch Lending Club Probe
In the latest chapter of the Lending Club drama, on Thursday (May 19), it...
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Payment MethodsAll Quiet On The Unicorn Front
No new unicorns, no downrounds, but some hints of turbulence on the regulatory front....
- Alternative Finances
Lending Club Slapped With Shareholder Lawsuit
Lending Club's troubles don't appear to be going away anytime soon. The company was...
- Alternative Finances
The Clock Is Ticking For Lending Club
Brutal. If one were forced to come up with a single-word description for the...
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Alternative FinancesA Brief History Of Lending Club
The recent history of Lending Club is well-known to, frankly, probably just about everyone...
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Security & FraudSizzle Or Fizzle: Payday Loans, Wells Fargo, Chip Cards –...
April showers are supposed to bring May flowers, but so far, they’ve brought more...
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InternationalLending Club Ripple Effect Reaches Across The Pond
The Lending Club saga has had reverberations across the pond, according to Reuters. As...
- Alternative Finances
Banks Push Pause On Lending Club Deals
The fallout from Lending Club's admissions of improper loan sales earlier this week might...
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EarningsLending Club Closes Under $5 A Share
Shares of Lending Club broke through what might be an important psychological barrier on...
- Alternative Finances
Lending Club’s Bombshell And Alt-Lending Aftershocks
“What is even more exciting is the potential of where we are headed. I...
- Alternative Finances
Lending Club CEO Resigns
Renaud Laplanche, the CEO of Lending Club, has resigned following a board investigation regarding...
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Alternative FinancesLending Club, Funding Circle And Prosper Join Forces And Form...
On the logic that everything is easier when taken on with a team, the...
- Marketplace Lending Platform
Is The Tide Going Out On Marketplace Lending?
Warren Buffett is a lot more than just a mega-billionaire and one of the...
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Alternative FinancesLending Club’s Bumpy Ride
Even by the unusually turbulent standards set by the first eventful 31 days of...
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InternationalWall Street Warming Up To FinTech Startups
The movement to fund FinTech is gathering steam, at least on Wall Street, where...
- News
Lending Club Launches In Three More US States
Lending Club, the online peer-to-peer lending platform, said Friday (Sept. 18) that it is...
- In Depth
Will Wall Street Carnage Hurt Startups?
As stocks plunge double digits, and investors fret about China, there’s another group of...
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Alternative FinancesWill The Market Cool-Off Freeze Some Alt Lending Players?
When the stock market opens and immediately drops a thousand points, it is an...
- Alternative Finances
US Treasury Eyes Marketplace Lending Practices
The U.S. Treasury Department will open a study on the lending practices within the...
- Alternative Finances
Lendingkart Secures $10M To Help India's SMBs
Lendingkart is on its way to helping more small businesses in India secure more...
