Lendingclub news and trends

Block’s Direct Lending Move Aims at Filling Consumer Credit Gaps

March 18, 2025
CE 100 Index Plunges 4.3% as Payment and Banking Names Slide on Tariff Volatility
Connected Economy // March 10, 2025

It was a rough week for the CE 100 Index, which lost 4.3% across five days of trading, outpacing the losses seen in all other benchmarks, from the NASDAQ to the Dow. Macro concerns weighed on the markets in general, as tariffs went into effect...

Fed Scrutiny Increases on Private Credit’s Risk and Reward
Regulation // February 21, 2025

Generally speaking, the more capital in the markets, the better — as that money finds its way into new growth opportunities (including innovative firms) and provides the backing for lending and other financial services activities. Through the past few years, private credit has proven to...

5 Things Earnings Season Shows About the US Consumer
Consumer Insights // February 20, 2025

Earnings season, like clockwork, offers up a dizzying mosaic of data and qualitative analysis of revenues, profits (or lack thereof) and high-level views of the economy. The state of the consumer also comes into focus. In taking stock of what banks, payment networks and digital-only...

Regulations Are On Hold. Does That Mean More FinTechs Will Look to Become Neobanks?
Banking // February 18, 2025

The neobank model has, through the past several years, taken two paths as FinTechs bring accounts, cards and other digital-first financial offerings to customers. There are the FinTechs that partner with banks to use the latter’s licenses to bring new products to markets, and there...

Interviews & Exclusives
CE 100 Index Plunges 4.3% as Payment and Banking Names Slide on Tariff Volatility

March 10, 2025
It was a rough week for the CE 100 Index, which lost 4.3% across five days of trading, outpacing the losses seen in all other benchmarks, from the NASDAQ to the Dow. Macro concerns weighed on the markets in general, as tariffs went into effect early in the week, and then were modified, clouding at […]

Fed Scrutiny Increases on Private Credit’s Risk and Reward

February 21, 2025
Generally speaking, the more capital in the markets, the better — as that money finds its way into new growth opportunities (including innovative firms) and provides the backing for lending...

Regulations Are On Hold. Does That Mean More FinTechs Will Look to Become Neobanks?

February 18, 2025
The neobank model has, through the past several years, taken two paths as FinTechs bring accounts, cards and other digital-first financial offerings to customers. There are the FinTechs that partner...

CE 100 Index Adds 0.9% as Visa and Mastercard Lead Payments Names Higher

February 03, 2025
The CE 100 Index was boosted this past week by the Pay and Be Paid sector. As is always the case as the first few weeks of the year unfold,...

Quick Reads
LendingClub and Pagaya Acquire Tally’s Credit Card Management Tech

October 09, 2024
LendingClub and AI lending network Pagaya have acquired Tally Technologies’ intellectual property. Tally, a FinTech that helped consumers manage credit card debt, closed its doors in August. As the two buyers noted in a news release Wednesday (Oct. 9), the company also created an “embedded, white-label business-to-business credit card debt management platform.” LendingClub, which helps […]

LendingClub’s Structured Certificates Program Surpasses $3 Billion in Loans Sold

June 17, 2024
LendingClub has sold more than $3 billion in loans through its Structured LendingClub Loan Certificate program since the launch of that program in April 2023. In this program, LendingClub retains...

LendingClub Completes Standard Operating Agreement for New Bank

February 02, 2024
LendingClub exited the standard operating agreement for a new bank with the Office of the Comptroller of the Currency, having met all the requirements noted in the operating agreement. The...

LendingClub’s Structured Loan Certificates Program Reaches $1 Billion Mark

November 09, 2023
LendingClub has crossed the $1 billion mark in personal loans sold through its Structured Loan Certificates Program (SLCLC Program) since the launch of that program in April.  The company expects...