Lending Club

Latest stories

22h
Market Watch
4 things to watch for in Lending Club’s annual meetingLending Club Corp. will hold its annual shareholders meeting on Tuesday, after
4 things to watch for in Lending Club’s annual meeting
Market Watch / Posted 22 hours ago
Lending Club Corp. will hold its annual shareholders meeting on Tuesday, after delaying it by three weeks because the company was “not yet in a position to provide its stockholders a complete report.” This is by itself an unusual and unsavory event,... Read more
2d
The Star
Strong interest in P2P platformgrown fast globally, has shown other teething problems. Take the case of the l
Strong interest in P2P platform
The Star / Posted 2 days ago
grown fast globally, has shown other teething problems. Take the case of the largest player in the United States, namely, Lending Club. It had launched its service as far back as 2007 and become the US’ largest technology initial public offering... Read more
3d
Business Wire
创业世界杯首次揭幕: 世界冠军将获一百万美金大奖and Play孵化器是全球最大的加速器和风投。自从2006年创立以来,他们的项目已经覆盖了来自世界24个国家的创业者们,为他们提供在硅谷取得成功的必要资源。
创业世界杯首次揭幕: 世界冠军将获一百万美金大奖
Business Wire / Posted 3 days ago
and Play孵化器是全球最大的加速器和风投。自从2006年创立以来,他们的项目已经覆盖了来自世界24个国家的创业者们,为他们提供在硅谷取得成功的必要资源。通过约350多家创业公司和300多企业合作伙伴,他们成功打造世界顶级的创业生态系统。Plug and Play与硅谷180多家顶尖的风投合作并且每年组织超过365多场社交活动。他们社区的创业公司们已经筹集了超过35亿美金的投资,项目中包括Danger,Dropbox,Lending Club,PayPal,Soundhound,和Zoo... Read more
22 related stories
4d
iol.co.za
Wall Street ends higherits Chinese e-commerce business to JD.com and create a strategic alliance. Walm
Wall Street ends higher
iol.co.za / Posted 4 days ago
its Chinese e-commerce business to JD.com and create a strategic alliance. Walmart shares gained 0.2 percent to $71.10. Lending Club gained 2.7 percent to $5.00 after Chinese billionaire Chen Tianqiao raised his stake in the online lending... Read more
4 related stories
4d
The Star
Wall Street ends higher as Britain seen staying in EUits Chinese e-commerce business to JD.com and create a strategic alliance. Walm
Wall Street ends higher as Britain seen staying in EU
The Star / Posted 4 days ago
its Chinese e-commerce business to JD.com and create a strategic alliance. Walmart shares gained 0.2 percent to $71.10. Lending Club Corp gained 2.7 percent to $5.00 after Chinese billionaire Chen Tianqiao raised his stake in the online lending... Read more
4 related stories
4d
Weekly Times
Wall St ends higher as Brexit fears fadeChinese e-commerce business to JD.com and create a strategic alliance. Walmart
Wall St ends higher as Brexit fears fade
Weekly Times / Posted 4 days ago
Chinese e-commerce business to JD.com and create a strategic alliance. Walmart shares gained 0.2 per cent to $US71.10. Lending Club Corp gained 2.7 per cent to $US5.00 after Chinese billionaire Chen Tianqiao raised his stake in the online... Read more
4 related stories
4d
Herald Sun
Wall St ends higher as Brexit fears fadeChinese e-commerce business to JD.com and create a strategic alliance. Walmart
Wall St ends higher as Brexit fears fade
Herald Sun / Posted 4 days ago
Chinese e-commerce business to JD.com and create a strategic alliance. Walmart shares gained 0.2 per cent to $US71.10. Lending Club Corp gained 2.7 per cent to $US5.00 after Chinese billionaire Chen Tianqiao raised his stake in the online... Read more
4 related stories
4d
The Courier Mail
Wall St ends higher as Brexit fears fadeChinese e-commerce business to JD.com and create a strategic alliance. Walmart
Wall St ends higher as Brexit fears fade
The Courier Mail / Posted 4 days ago
Chinese e-commerce business to JD.com and create a strategic alliance. Walmart shares gained 0.2 per cent to $US71.10. Lending Club Corp gained 2.7 per cent to $US5.00 after Chinese billionaire Chen Tianqiao raised his stake in the online... Read more
4 related stories
5d
CNBC
Chinese billionaire raises stake in Lending Club following ouster of founderShares of Lending Club, the world's largest peer-to-peer lender, were up about
Chinese billionaire raises stake in Lending Club following ouster of founder
CNBC / Posted 5 days ago
Shares of Lending Club, the world's largest peer-to-peer lender, were up about 3.9 percent at $5.06 in midday trading on Monday. The company's shares are down sharply since May. Chen made a name for himself as an online gaming magnate after... Read more
15d
KERA North Texas
With Lending Club Disgraced, An Industry Looks For Lessonsthat industry: online lending. Lesson 1: Oversight Is Essential The scandal s
With Lending Club Disgraced, An Industry Looks For Lessons
KERA North Texas / Posted 15 days ago
that industry: online lending. Lesson 1: Oversight Is Essential The scandal started with a very big no-no: Employees of Lending Club went into the company database and doctored loan applications to make them look more appealing to... Read more
15d
Reuters
Latest threat to online lenders: 'stacking' of multiple loansFILE PHOTO -- A woman looks at her phone as she passes by a Lending Club banner
Latest threat to online lenders: 'stacking' of multiple loans
Reuters / Posted 15 days ago
FILE PHOTO -- A woman looks at her phone as she passes by a Lending Club banner on the facade of the the New York Stock Exchange December 11, 2014. SAN FRANCISCO/NEW YORK (Reuters/IFR) - Many online lenders have failed to detect the “stacking” of... Read more
5 related stories
15d
KPBS San Diego
With Lending Club Disgraced, An Industry Looks For Lessonsa scandal rocking the financial industry — or we should say, a small but import
With Lending Club Disgraced, An Industry Looks For Lessons
KPBS San Diego / Posted 15 days ago
a scandal rocking the financial industry — or we should say, a small but important part of that industry: online lending. Lending Club — one of the first companies to directly connect borrowers and investors online — is in boiling-hot water.... Read more
15d
TechCrunch
Why transparency would have saved us from the 2008 financial collapsethen everything crashes. By the time I left J.P. Morgan in 2013, peer-to-peer
Why transparency would have saved us from the 2008 financial collapse
TechCrunch / Posted 15 days ago
then everything crashes. By the time I left J.P. Morgan in 2013, peer-to-peer (P2P) lending had erupted. Companies like Lending Club, Prosper and SoFi were originating loans in greater numbers, using proprietary risk-analysis tools and... Read more
16d
CNBC
Lending Club website goes down, cites data center outageWednesday afternoon. The company tweeted at about 4 p.m. Pacific time (2300 GM
Lending Club website goes down, cites data center outage
CNBC / Posted 16 days ago
Wednesday afternoon. The company tweeted at about 4 p.m. Pacific time (2300 GMT) that it was "working to resolve a data center outage" and would be "back up and running soon." Lending Club representatives did not respond to a request for c... Read more
16d
Channel NewsAsia
Lending Club website goes down, cites data center outagep.m. Pacific time (2300 GMT)that it was "working to resolve a data center outag
Lending Club website goes down, cites data center outage
Channel NewsAsia / Posted 16 days ago
p.m. Pacific time (2300 GMT)that it was "working to resolve a data center outage" and would be "back up and running soon." Lending Club representatives did not respond to a request for comment. (Reporting by Heather Somerville in San Francisco;... Read more
16d
San Francisco Chronicle
Lending Club delays meeting, raises ratesLess than a month after its founder and chief executive was forced to resign, L
Lending Club delays meeting, raises rates
San Francisco Chronicle / Posted 16 days ago
Less than a month after its founder and chief executive was forced to resign, Lending Club on Tuesday announced a significant tightening of its lending standards and took the rare step of postponing its annual shareholder meeting. The troubled San... Read more
9 related stories
16d
Bankrate.com
Lending Club increases personal loan ratesScott Sanborn was named Lending Club acting CEO in May. | Ilya S. Savenok/Getty
Lending Club increases personal loan rates
Bankrate.com / Posted 16 days ago
Scott Sanborn was named Lending Club acting CEO in May. | Ilya S. Savenok/Getty Borrowing from Lending Club has just become more expensive. The embattled personal loan outfit raised interest rates Tuesday for nearly all borrowers in an effort to... Read more
16d
TechCrunch
Underrepresented founders, apply for Include office hours with Pejman Mar and ffVCstartups. He’s invested in over 100 startups and has seeded several multi-billi
Underrepresented founders, apply for Include office hours with Pejman Mar and ffVC
TechCrunch / Posted 16 days ago
startups. He’s invested in over 100 startups and has seeded several multi-billion dollar companies, such as Dropbox, Lending Club, SoundHound and Gusto (formally Zenpayroll). He is also an investor in industry defying emerging startups, such... Read more
17d
New York Post
Ousted Lending Club CEO mulls takeover of his old companyOusted Lending Club CEO and co-founder Renaud Laplanche has been speaking to pr
Ousted Lending Club CEO mulls takeover of his old company
New York Post / Posted 17 days ago
Ousted Lending Club CEO and co-founder Renaud Laplanche has been speaking to private equity firms and banks about financing a potential buyout of the online lender, according to people familiar with the matter. The French entrepreneur, one of the... Read more
9 related stories
17d
FOX Business
7 Reasons I Wont Invest in LendingClub or OnDeck Capital Anytime SoonImage source: Getty Images Online marketplace lenders like Lending Club and On
7 Reasons I Wont Invest in LendingClub or OnDeck Capital Anytime Soon
FOX Business / Posted 17 days ago
Image source: Getty Images Online marketplace lenders like Lending Club and OnDeck Capital have had a tough month. While these companies could still one day upend the banking industry, I have seven big questions that prevent me from investing in... Read more
17d
FOX Business
7 Reasons I Wont Invest in LendingClub or OnDeck Capital Anytime SoonImage source: Getty Images Continue Reading Below Online marketplace lenders
7 Reasons I Wont Invest in LendingClub or OnDeck Capital Anytime Soon
FOX Business / Posted 17 days ago
Image source: Getty Images Continue Reading Below Online marketplace lenders like Lending Club and OnDeck Capital have had a tough month. While these companies could still one day upend the banking industry, I have seven big questions that prevent... Read more
17d
USA Today
Tech Five: Lending Club shares trading higherIs the former CEO of troubled loan company Lending Club planning a takeover? Me
Tech Five: Lending Club shares trading higher
USA Today / Posted 17 days ago
Is the former CEO of troubled loan company Lending Club planning a takeover? Meanwhile, Amazon is making a big investment in India. Let's look at tech stocks to watch Wednesday: Lending Club. Shares surged in pre-market trading following a Reuters... Read more
17d
New York Post
Lending Club has its worst day since start of loan probeLending Club got slammed on Tuesday after the loan middleman company delayed it
Lending Club has its worst day since start of loan probe
New York Post / Posted 17 days ago
Lending Club got slammed on Tuesday after the loan middleman company delayed its annual meeting and its second-biggest shareholder sold its stake. “Given the developments of the last few weeks, the company is not yet in a position to provide its... Read more
22 related stories
17d
Business Insider
Lending Club's ousted CEO is plotting an audacious comeback bidThe French entrepreneur, one of the highest-profile names in the fledgling indu
Lending Club's ousted CEO is plotting an audacious comeback bid
Business Insider / Posted 17 days ago
The French entrepreneur, one of the highest-profile names in the fledgling industry, left Lending Club in May after an internal probe found the company had falsified documentation when selling $22 million of loans to an investor. The scandal sent... Read more
9 related stories
17d
Fortune
Ousted CEO Laplanche Studies LendingClub TakeoverOusted Lending Club CEO and co-founder Renaud Laplanche has been speaking to pr
Ousted CEO Laplanche Studies LendingClub Takeover
Fortune / Posted 17 days ago
Ousted Lending Club CEO and co-founder Renaud Laplanche has been speaking to private equity firms and banks about financing a potential buyout of the online lender, according to people familiar with the matter. The French entrepreneur, one of the... Read more
9 related stories
17d
Reuters
Ousted CEO Laplanche studies LendingClub takeoverRenaud Laplanche, Founder and CEO of Lending Club, speaks during an interview w
Ousted CEO Laplanche studies LendingClub takeover
Reuters / Posted 17 days ago
Renaud Laplanche, Founder and CEO of Lending Club, speaks during an interview with CNBC on the floor of the New York Stock Exchange December 11, 2014. A woman looks at her phone as she passes by a Lending Club banner on the facade of the the New... Read more
9 related stories
17d
WTSP-TV Tampa
Lending Club postpones shareholder meeting as investor drops outSAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking a
Lending Club postpones shareholder meeting as investor drops out
WTSP-TV Tampa / Posted 17 days ago
SAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking alternative announced Tuesday that it would postpone its shareholder meeting until late June. "Given the developments of the last few weeks, the Company is not yet in a... Read more
22 related stories
17d
WLTX-TV Columbia
Lending Club postpones shareholder meeting as investor drops outSAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking a
Lending Club postpones shareholder meeting as investor drops out
WLTX-TV Columbia / Posted 17 days ago
SAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking alternative announced Tuesday that it would postpone its shareholder meeting until late June. "Given the developments of the last few weeks, the Company is not yet in a... Read more
22 related stories
17d
WLBZ Bangor
Lending Club postpones shareholder meeting as investor drops outSAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking a
Lending Club postpones shareholder meeting as investor drops out
WLBZ Bangor / Posted 17 days ago
SAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking alternative announced Tuesday that it would postpone its shareholder meeting until late June. "Given the developments of the last few weeks, the Company is not yet in a... Read more
22 related stories
17d
13 WMAZ Macon
Lending Club postpones shareholder meeting as investor drops outSAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking a
Lending Club postpones shareholder meeting as investor drops out
13 WMAZ Macon / Posted 17 days ago
SAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking alternative announced Tuesday that it would postpone its shareholder meeting until late June. "Given the developments of the last few weeks, the Company is not yet in a... Read more
22 related stories
17d
USA Today
Lending Club postpones shareholder meeting, investor drops outSAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking a
Lending Club postpones shareholder meeting, investor drops out
USA Today / Posted 17 days ago
SAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking alternative announced Tuesday that it would postpone its shareholder meeting until late June. "Given the developments of the last few weeks, the Company is not yet in a... Read more
22 related stories
17d
Los Angeles Times
Troubled fintech leader Lending Club delays meeting, raises ratesLess than a month after its founder and chief executive was forced to resign, L
Troubled fintech leader Lending Club delays meeting, raises rates
Los Angeles Times / Posted 17 days ago
Less than a month after its founder and chief executive was forced to resign, Lending Club on Tuesday announced a significant tightening of its lending standards and took the rare step of postponing its annual shareholder meeting. The troubled San... Read more
22 related stories
17d
WZZM 13 Grand Rapids
Lending Club postpones shareholder meeting as investor drops outSAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking a
Lending Club postpones shareholder meeting as investor drops out
WZZM 13 Grand Rapids / Posted 17 days ago
SAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking alternative announced Tuesday that it would postpone its shareholder meeting until late June. "Given the developments of the last few weeks, the Company is not yet in a... Read more
22 related stories
17d
KTHV Little Rock
Lending Club postpones shareholder meeting as investor drops outSAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking a
Lending Club postpones shareholder meeting as investor drops out
KTHV Little Rock / Posted 17 days ago
SAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking alternative announced Tuesday that it would postpone its shareholder meeting until late June. "Given the developments of the last few weeks, the Company is not yet in a... Read more
22 related stories
17d
NorthWest Cable News
Lending Club postpones shareholder meeting as investor drops outSAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking a
Lending Club postpones shareholder meeting as investor drops out
NorthWest Cable News / Posted 17 days ago
SAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking alternative announced Tuesday that it would postpone its shareholder meeting until late June. "Given the developments of the last few weeks, the Company is not yet in a... Read more
22 related stories
17d
KGW Channel 8 Portland
Lending Club postpones shareholder meeting as investor drops outSAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking a
Lending Club postpones shareholder meeting as investor drops out
KGW Channel 8 Portland / Posted 17 days ago
SAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking alternative announced Tuesday that it would postpone its shareholder meeting until late June. "Given the developments of the last few weeks, the Company is not yet in a... Read more
22 related stories
17d
First Coast News
Lending Club postpones shareholder meeting as investor drops outSAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking a
Lending Club postpones shareholder meeting as investor drops out
First Coast News / Posted 17 days ago
SAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking alternative announced Tuesday that it would postpone its shareholder meeting until late June. "Given the developments of the last few weeks, the Company is not yet in a... Read more
22 related stories
17d
KENS 5 San Antonio
Lending Club postpones shareholder meeting as investor drops outSAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking a
Lending Club postpones shareholder meeting as investor drops out
KENS 5 San Antonio / Posted 17 days ago
SAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking alternative announced Tuesday that it would postpone its shareholder meeting until late June. "Given the developments of the last few weeks, the Company is not yet in a... Read more
22 related stories
17d
KTVB Boise
Lending Club postpones shareholder meeting as investor drops outSAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking a
Lending Club postpones shareholder meeting as investor drops out
KTVB Boise / Posted 17 days ago
SAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking alternative announced Tuesday that it would postpone its shareholder meeting until late June. "Given the developments of the last few weeks, the Company is not yet in a... Read more
22 related stories
17d
5KSDK St. Louis
Lending Club postpones shareholder meeting as investor drops outSAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking a
Lending Club postpones shareholder meeting as investor drops out
5KSDK St. Louis / Posted 17 days ago
SAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking alternative announced Tuesday that it would postpone its shareholder meeting until late June. "Given the developments of the last few weeks, the Company is not yet in a... Read more
22 related stories
17d
WGRZ-TV Buffalo
Lending Club postpones shareholder meeting as investor drops outSAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking a
Lending Club postpones shareholder meeting as investor drops out
WGRZ-TV Buffalo / Posted 17 days ago
SAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking alternative announced Tuesday that it would postpone its shareholder meeting until late June. "Given the developments of the last few weeks, the Company is not yet in a... Read more
22 related stories
17d
KVUE-TV Austin
Lending Club postpones shareholder meeting as investor drops outSAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking a
Lending Club postpones shareholder meeting as investor drops out
KVUE-TV Austin / Posted 17 days ago
SAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking alternative announced Tuesday that it would postpone its shareholder meeting until late June. "Given the developments of the last few weeks, the Company is not yet in a... Read more
22 related stories
17d
KREM.com Spokane
Lending Club postpones shareholder meeting as investor drops outSAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking a
Lending Club postpones shareholder meeting as investor drops out
KREM.com Spokane / Posted 17 days ago
SAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking alternative announced Tuesday that it would postpone its shareholder meeting until late June. "Given the developments of the last few weeks, the Company is not yet in a... Read more
22 related stories
17d
WCSH 6 Portland
Lending Club postpones shareholder meeting as investor drops outSAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking a
Lending Club postpones shareholder meeting as investor drops out
WCSH 6 Portland / Posted 17 days ago
SAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking alternative announced Tuesday that it would postpone its shareholder meeting until late June. "Given the developments of the last few weeks, the Company is not yet in a... Read more
22 related stories
17d
WXIA-TV Atlanta
Lending Club postpones shareholder meeting as investor drops outSAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking a
Lending Club postpones shareholder meeting as investor drops out
WXIA-TV Atlanta / Posted 17 days ago
SAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking alternative announced Tuesday that it would postpone its shareholder meeting until late June. "Given the developments of the last few weeks, the Company is not yet in a... Read more
22 related stories
17d
WWL-TV, Channel 4 New Orleans
Lending Club postpones shareholder meeting as investor drops outSAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking a
Lending Club postpones shareholder meeting as investor drops out
WWL-TV, Channel 4 New Orleans / Posted 17 days ago
SAN FRANCISCO - The Lending Club's woes continue, as the peer-to-peer banking alternative announced Tuesday that it would postpone its shareholder meeting until late June. "Given the developments of the last few weeks, the Company is not yet in a... Read more
22 related stories
17d
Fortune
Lending Club Shares Drop as It Postpones Shareholder MeetingShares of embattled online lender Lending Club dropped 7% in midday trading as
Lending Club Shares Drop as It Postpones Shareholder Meeting
Fortune / Posted 17 days ago
Shares of embattled online lender Lending Club dropped 7% in midday trading as the company canceled its shareholder meeting and warned investors that its loan volume will decrease. Lending Club lc has seen its share price plummet by over 60% in the... Read more
22 related stories
18d
Zero Hedge
Desperate Lending Club Raises Interest Rates To Encourage Investors, Postpones Shareholder Meetingmodel. Banks "lend" money out of thin air, so they can charge almost no interes
Desperate Lending Club Raises Interest Rates To Encourage Investors, Postpones Shareholder Meeting
Zero Hedge / Posted 18 days ago
model. Banks "lend" money out of thin air, so they can charge almost no interest and still make tons of money. How does Lending Club make money? If it's peer to peer lending, the interest rates should be extremely high compared to bank rates.... Read more
18d
CNBC
LendingClub to cut lending to riskier borrowers, raise ratesit expects its standard loan volume to decrease by around 5 percent due to tigh
LendingClub to cut lending to riskier borrowers, raise rates
CNBC / Posted 18 days ago
it expects its standard loan volume to decrease by around 5 percent due to tightened credit criteria for borrowers. Lending Club shares traded more than 5 percent lower after being halted for about 5 minutes. Its shares traded nearly 5... Read more
22 related stories
18d
TechCrunch
Lending Robot makes Lending Club investing easy as setting screen brightnessLending Robot integrates with peer-to-peer lending platform Lending Club to let
Lending Robot makes Lending Club investing easy as setting screen brightness
TechCrunch / Posted 18 days ago
Lending Robot integrates with peer-to-peer lending platform Lending Club to let users offer credit and buy and sell notes on a secondary market. Previously, users would have to compete to execute split second transactions for the most popular,... Read more
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