LendingClub

LendingClub is an American peer-to-peer lending company, headquartered in San Francisco, California. It was the first peer-to-peer lender to register its offerings as securities with the Securities and Exchange Commission, and to offer loan trading on a secondary market.

Source: lendingclub.com

Simplification Serves LendingClub Well As It Pushes To Get Back To Profitability
Simplification Serves LendingClub Well As It Pushes To Get Back To Profitability
November 06, 2019  |  Earnings

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...

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Facebook’s Libra, Uber Losses, Instant Deposits Top Week’s News
Facebook’s Libra, Uber Losses, Instant Deposits Top Week’s News
October 11, 2019  |  News

It’s never quite a slow week in the world of payments and commerce, and the newest edition of the PYMNTS Weekender is proof of that....

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Top News In Payments: Credit Card Interest Rates Approach Record Levels; WhatsApp Pay India’s Rollout May Be Delayed
Top News In Payments: Credit Card Interest Rates Approach Record Levels; WhatsApp Pay India’s Rollout...
October 10, 2019  |  News

Today in the payments news roundup, average interest rates on credit cards are approaching record levels. Also, the rollout of WhatsApp Pay in India may...

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LendingClub Offers Same-Day Loan Settlements
LendingClub Offers Same-Day Loan Settlements
October 10, 2019  |  Loans

LendingClub, an online marketplace that connects borrowers and investors, has launched a new marketplace called LCX with the intention of drawing a larger swath of...

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Upgrade Card Combines Credit Card Acceptance With Installment Payments Flexibility
Upgrade Card Combines Credit Card Acceptance With Installment Payments Flexibility
October 10, 2019  |  Loans

Twelve years ago, LendingClub Founder Renaud Laplanche built a business to help consumers manage the $800 million in outstanding credit card debt. That product was...

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 LendingClub CEO On Interest Rates, Credit … And The Bank Charter Quest 
 LendingClub CEO On Interest Rates, Credit … And The Bank Charter Quest 
August 19, 2019  |  Consumer Finance

Interest rates are volatile, fears of a recession are spiking, central banks are cutting rates. In an interview with Karen Webster, LendingClub CEO Scott Sanborn...

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LendingClub Logs Lower-Than-Expected Losses
LendingClub Logs Lower-Than-Expected Losses
August 07, 2019  |  Earnings

Though LendingClub is still reporting losses this quarter and missed its revenue estimates, the market mostly liked what it saw out of the financial services...

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LendingClub Broadens Access To Credit With Select Plus Platform
LendingClub Broadens Access To Credit With Select Plus Platform
August 06, 2019  |  Loans

To broaden access to responsible credit with additional models, LendingClub has announced the rollout of its Select Plus Platform. The offering opens the company’s marketplace...

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Building New Digital Experiences
Building New Digital Experiences
June 20, 2019  |  Today In Data

Mobile can help build new loyalty offerings, while responses help build Facebook’s new plans for digital payments. Balance transfers could lead to better consumer savings...

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