LendingClub saw loan originations continue to decline in the quarter ended Sept. 30 as bank investors remain cautious. In response, the firm is promoting new products...
Demand for personal loans, direct deposit accounts and “cross-buy” opportunities boosted SoFi Technologies’ results despite macro headwinds. Total deposits at SoFi Bank grew 46%...
LendingClub posted first-quarter earnings results Tuesday (May 5) that showed a high single-digit percentage decline in loan originations as consumers held back, investors shied away...
OnDeck fell short of expectations with its fourth-quarter earnings report on Tuesday (Feb. 11), and the financial services firm registered a decrease in loan origination volume. Chief...
The last few years have been an exciting ride for LendingClub watchers. The firm went public in 2014 and had just managed its first quarter...
Goldman Sachs might be reining in its online lending platform due to concerns about the stage of the credit cycle and changes in market data....