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

Higher Fees Drive LendingClub’s Earnings Beat
Higher Fees Drive LendingClub’s Earnings Beat
May 08, 2019  |  Alternative Finances

Stronger-than-expected loan originations combined with increased transaction fees to push LendingClub’s quarterly earnings report past analyst expectations when the results went live shortly after the...

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LendingClub Expands SMB Lending Footprint
LendingClub Expands SMB Lending Footprint
April 23, 2019  |  Loans

LendingClub, Opportunity Fund and Funding Circle announced on Tuesday (April 23) a collaboration aimed at providing small businesses with more affordable credit. In a press...

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Online Lenders Prepare For A Recession
Online Lenders Prepare For A Recession
April 15, 2019  |  Economy

Online lenders in the U.S. including LendingClub, Kabbage, and Avant are gearing up for a slowdown in the economy and are taking a look at...

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Has Alternative Lending Seen Its VC Peak?
Has Alternative Lending Seen Its VC Peak?
March 26, 2019  |  Alternative Finances

In 2015, news outlets ran articles about the “gold mine” of venture capital investments in the alternative finance sector. The industry indeed proved to be lucrative...

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LendingClub Links Lenders To Loan Metrics Via Brismo
LendingClub Links Lenders To Loan Metrics Via Brismo
February 22, 2019  |  B2B Payments

Lending performance data solutions provider Brismo is integrating its technology into the LendingClub platform, enabling lenders to analyze the performance of their portfolios. In a...

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LendingClub Loan Applications Surge 18 Pct Despite Earnings Miss
LendingClub Loan Applications Surge 18 Pct Despite Earnings Miss
February 20, 2019  |  Earnings

LendingClub shares sank on guidance that missed the Street, but management said fourth quarter lending activity was strong across personal and auto loans, even as...

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LendingClub: Loan Applications Grow Double Digits Amid Rising Rates  
LendingClub: Loan Applications Grow Double Digits Amid Rising Rates  
November 07, 2018  |  Earnings

Class action settlements are in the rearview mirror, and September quarter results topped the Street.  LendingClub pointed to double digit loan originations and margin expansion...

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Lending Club, Intuit Pair To Streamline Consumer Loan Applications
Lending Club, Intuit Pair To Streamline Consumer Loan Applications
October 19, 2018  |  Partnerships / Acquisitions

Intuit is set to offer an easier consumer loan application process and personalized financial advice through partnerships with Lending Club and Wealthfront. “With more than...

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LendingClub Settles With SEC, DOJ
LendingClub Settles With SEC, DOJ
October 01, 2018  |  Security & Fraud

On Friday (Sept. 30), LendingClub officially closed the door on a two-year chapter in its corporate history that its current board and founding team would...

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