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

Unlocking Innovation Beyond Payments Tops Week in B2B
Unlocking Innovation Beyond Payments Tops Week in B2B
October 10, 2024  |  B2B Payments

Innovation is no good to the businesses that fail to embrace it. But as advanced technologies to streamline payments and financial data management reshape competition...

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As Card Delinquencies Rise, Will Debt Consolidation Loans Have Their Moment?
As Card Delinquencies Rise, Will Debt Consolidation Loans Have Their Moment?
October 09, 2024  |  Loans

Despite the volatility month to month on credit card debt, per government reports, the trend remains, generally, upward and to the right. And for consumers...

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LendingClub and Pagaya Acquire Tally’s Credit Card Management Tech
LendingClub and Pagaya Acquire Tally’s Credit Card Management Tech
October 09, 2024  |  Acquisitions

LendingClub and AI lending network Pagaya have acquired Tally Technologies’ intellectual property. Tally, a FinTech that helped consumers manage credit card debt, closed its doors...

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Strong Earnings and Peloton Recovery Spark CE 100 2.6% Bump
Strong Earnings and Peloton Recovery Spark CE 100 2.6% Bump
August 26, 2024  |  Connected Economy

The tail end of Q2 earnings were good to several companies on the CE 100 this week. The Index ended the week of August 23...

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Neobanks Bet on Direct Deposits to Keep Fickle Consumers Sticky
Neobanks Bet on Direct Deposits to Keep Fickle Consumers Sticky
August 08, 2024  |  Digital Banking

For platforms and neobanks, establishing direct deposits with end users offers an on-ramp to cross-selling opportunities and a wealth of additional revenue streams. The momentum...

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LendingClub Sees Traction Building ‘Lifetime Lending Relationships’
LendingClub Sees Traction Building ‘Lifetime Lending Relationships’
July 30, 2024  |  Earnings

LendingClub’s latest results noted growth in loan originations, a surge in repeat business — and cross-pollination efforts that management said reflect the ability to deepen,...

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LendingClub’s Structured Certificates Program Surpasses $3 Billion in Loans Sold
LendingClub’s Structured Certificates Program Surpasses $3 Billion in Loans Sold
June 17, 2024  |  Consumer Finance

LendingClub has sold more than $3 billion in loans through its Structured LendingClub Loan Certificate program since the launch of that program in April 2023....

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Q1 Earnings Show Lending Platforms’ Digital Path to Financial Wellness
Q1 Earnings Show Lending Platforms’ Digital Path to Financial Wellness
May 20, 2024  |  Personal Finance

Over the last several months, PYMNTS Intelligence data has revealed in separate reports that tens of millions of consumers would opt for a single point...

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Consumers View Embedded Lending as Option to Pay Everyday Essential Expenses
Consumers View Embedded Lending as Option to Pay Everyday Essential Expenses
May 07, 2024  |  Alternative Credit

Embedded lending may gain new consideration at the point of sale as cash-strapped consumers grapple with the pain of emergency expenses. And it may help...

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