Scott Sanborn news and trends

LendingClub CEO Says Responsible Spending Deserves Rewards as Credit Dependency Soars
Digital Banking // June 18, 2025

High-income Americans are drowning in debt despite six-figure salaries. LendingClub’s CEO Scott Sanborn believes the solution isn’t more credit — it’s rewarding people for using the money they actually have. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

LendingClub: Mobile App Features Drive Member Engagement and Loan Issuance
Digital Banking // April 29, 2025

LendingClub is finding that its mobile app is reducing servicing costs, increasing interaction with members and boosting loan issuance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

LendingClub Shares Plummet as Loan Originations Slow
Earnings // January 28, 2025

LendingClub’s latest quarterly results, released Tuesday (Jan. 28), indicated growth across several key metrics, including loan originations and deposits through its digital banking arm, and some improving credit metrics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

LendingClub Loan Originations Surge 27% as Consumers Look to Consolidate Debt
Earnings // October 23, 2024

LendingClub’s latest quarterly results show an acceleration of loan originations, and banks have moved back to the company’s platform as consumers look for ways to consolidate and pay down debt — particularly credit card debt. Get the Full Story Complete the form to unlock this...

Interviews & Exclusives
8 CEOs Describe Financial Services Innovation in a Time of Turbulence

June 19, 2025
Welcome to the second half of 2025. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing […]

LendingClub CEO Says Responsible Spending Deserves Rewards as Credit Dependency Soars

June 18, 2025
High-income Americans are drowning in debt despite six-figure salaries. LendingClub’s CEO Scott Sanborn believes the solution isn’t more credit — it’s rewarding people for using the money they actually have....

LendingClub Shares Plummet as Loan Originations Slow

January 28, 2025
LendingClub’s latest quarterly results, released Tuesday (Jan. 28), indicated growth across several key metrics, including loan originations and deposits through its digital banking arm, and some improving credit metrics. Get...

Quick Reads
LendingClub: Mobile App Features Drive Member Engagement and Loan Issuance

April 29, 2025
LendingClub is finding that its mobile app is reducing servicing costs, increasing interaction with members and boosting loan issuance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, […]

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. Get the Full Story Complete...

FinTechs Wary Of US Bank Charter Plan

August 15, 2018
Despite having the chance to apply for banking licenses with the Office of the Comptroller of the Currency, many online lenders are proceeding with caution. Get the Full Story Complete...