New AI-Driven Credit Model for LendingClub Spooks Investors
EXCLUSIVE— Online lender LendingClub Corp. reported revenue at an all-time high, growth in loan originations, and declining losses during its third ...
Tag: LendingClub
LendingClub Shuts Down Investment Funds, Rebrands Asset Management Business
Alternative lender LendingClub has shuttered five of its investment funds and re-branded its investment advisor subsidiary, LC Advisors, to Lending ...
Marcus Will Succeed Despite — Or Because of — Goldman Sachs
As reported last week, Goldman Sachs just announced the creation of a new retail lending arm to launch in October, named Marcus after one ...
Scandal Rocks Lending Club, Laplanche Ousted
Investors were looking to today's Lending Club Corp. earnings as a sign of validation for the troubled marketplace lending sector. ...
Striking Fintech Gold
If you invested in the S&P 500 at the start of 2015, by the end of trading today, you would ...
Amid Wild Wall Street, Fintech Outperforms Market
Wall Street has given investors a wild ride in recent days. That is, with the exception of fintech investors. The ...
Intuit in Marketing Deal with LendingClub for TurboTax
Intuit has creating a deal with LendingClub Corp. to market Intuit's TurboTax seasonal service to LendingClub's contacts. The deal resulted ...
Parlez-vous LendingClub?
LendingClub's IPO, which was trading 65% higher than its IPO price today, is big news here in the United States. But the ...
Earnest Aims to Overhaul Personal Loans by ‘Getting Back to Basics’
It's hard to borrow money when you have a limited credit history that inaccurately deems you as a risk. Earnest ...
LendingClub Makes Deal to Offload Loans to Auto Finance Company
LendingClub has quietly inked a deal to offload the risk in the personal loans originated on its platform. And, surprisingly, ...
