Peer-to-peer lending giant Lending Club is gearing up to have one of the biggest tech initial public offerings of all time. But what’s all the fuss about, anyway? Here’s a quick rundown of how the P2P ...
(MoneyWatch) On May 1, I wrotea critical review of the Lending Club, an online financial community that brings together credit-worthy borrowers and savvy investors for the benefit of both. In that ...
Lending Club cashed in on a hot market for initial public offerings and put the spotlight on an emerging group of companies with online platforms that connect borrowers with lenders. Lending Club (LC) ...
"Lending Club's platform has the potential to profoundly transform traditional banking over the next decade."--Larry Summers, 71st U.S. Treasury secretary andLending Club board member. Lending Club's ...
Though Lending Club is striving to move beyond the scandal that ended its reign as the nation’s leading online lender, the damage continues to pile up. The San Francisco company reported a $32 million ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The balance sheet versus the profit-and-loss statement is one of the great rivalries in corporate America.
I am a client of Lending Club. Lending Club and its main competitor, Prosper, facilitate peer-to-peer lending. They offer slick online platforms that make it easy for me to lend money to another ...
I sat down with Sanborn to learn more about Lending Club and how the company plans to expand beyond their current position as the largest personal loan provider in America through it’s online credit ...
The online lender, founded by Renaud Laplanche in 2006, has decided to package its loans and sell them to investors as bonds, The Wall Street Journal reports. Lending Club started out as marketplace ...
Lending Club CEO Renaud Laplanche is stepping down from his position with the company after an internal review. Shortly after markets opened Monday morning shares of the company were down as much as ...
(MoneyWatch) The Lending Club is an online financial community that brings together creditworthy borrowers and savvy investors so that both can benefit. Investors can own parts of loans in increments ...
A detailed understanding of Lending Club's business and why it's disruptive. "Lending Club's platform has the potential to profoundly transform traditional banking over the next decade."--Larry ...