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

Delivery Wars, B2B Payments, Cereal Makers Top This Week’s News
Delivery Wars, B2B Payments, Cereal Makers Top This Week’s News
February 21, 2020  |  News

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and...

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Making A Sizzling Leap Into Digital Banking
Making A Sizzling Leap Into Digital Banking
February 21, 2020  |  Sizzle/Fizzle

To be the bank, buy the bank. Earlier this week, a FinTech took the leap into the full spectrum of financial services, perhaps paving the...

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The Week in Payments: Rewriting Rewards, Buying The Bank And Containing COVID-19
The Week in Payments: Rewriting Rewards, Buying The Bank And Containing COVID-19
February 21, 2020  |  Commentary

That there was a lot of action and motion in the payments and commerce ocean this week is not much of a surprise, as that...

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Today In Payments: LendingClub Buys Radius Bank; Walmart Reports Tepid In-Store Sales
Today In Payments: LendingClub Buys Radius Bank; Walmart Reports Tepid In-Store Sales
February 19, 2020  |  News

In today’s top news, LendingClub buys Radius Bancorp in a “transformative” deal, Walmart reports disappointing quarterly earnings due to tepid holiday sales, and Macy’s is...

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LendingClub CEO Heralds ‘Transformative’ Radius Bank Buy
LendingClub CEO Heralds ‘Transformative’ Radius Bank Buy
February 19, 2020  |  Earnings

LendingClub on Tuesday (Feb. 18) posted results that showed continued growth in loan originations, up mid-single-digit percentages year over year – results that were possibly...

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FinTech LendingClub Buys Radius Bank For $185M
FinTech LendingClub Buys Radius Bank For $185M
February 18, 2020  |  Partnerships / Acquisitions

FinTech LendingClub is purchasing Radius Bancorp for $185 million in cash and stock, according to a report by CNBC. LendingClub provides personal lending online, and...

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LendingClub President: FICO’s New Model Won’t Save A Credit Scoring ‘Dinosaur’
LendingClub President: FICO’s New Model Won’t Save A Credit Scoring ‘Dinosaur’
January 24, 2020  |  Consumer Finance

In lending, in determining whether credit is likely to be repaid by a borrower, the devil is in the details. What if the details are...

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The Best Of The Monday Conversation: Everything We Learned In 2019
The Best Of The Monday Conversation: Everything We Learned In 2019
December 23, 2019  |  Monday Meetup

Something remarkable happened about halfway through the 2010s or at least something that ought to have been. Except as it turned out, due to the...

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Top News In Payments: SoftBank Reports $6.5B Loss; FIS Sees Strong Merchant Sales In Q3
Top News In Payments: SoftBank Reports $6.5B Loss; FIS Sees Strong Merchant Sales In Q3
November 06, 2019  |  News

In today’s top payments news, Japan’s SoftBank reported a $6.5 billion loss on Wednesday (Nov. 6) with its first quarterly drop-off in 14 years. Also,...

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