Lending Club

47 results about this entity

Period: 24 Aug 2007 - 09 Oct 2024

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Lending Club moves into auto refinancing

Lending Club (LC), the world's largest online marketplace connecting borrowers and investors, today announced the launch of an auto refinance product that gives car owners a simple solution to save money on their auto loans.

Lending Club loses CFO; posts loss

Lending Club (LC), the world's largest online marketplace connecting borrowers and investors, today announced a series of leadership changes.

Lending Club names Patrick Dunne chief capital officer

Lending Club (LC), the world's largest online marketplace connecting borrowers and investors, announced today that Patrick Dunne has joined Lending Club as Chief Capital Officer.

Lending Club names new CEO; axes 179 jobs

Lending Club names new CEO; axes 179 jobs

Troubled marketplace lender Lending Club has appointed a new CEO and announced plans to axe 179 jobs - representing 12% of its workforce - as it bids to revive its fortunes following a turbulent two months.

Laplanche talks to investors about Lending Club takeover - Reuters

Laplanche talks to investors about Lending Club takeover - Reuters

Former Lending Club CEO Renaud Laplanche, who was forced out of the company last month over a loans sale scandal, has been speaking to private equity firms and banks about raising money for a possible buyout of the online lender he co-founded, according to Reuters.

NYDFS subpoenas Lending Club over interest rates and fees - WSJ

NYDFS subpoenas Lending Club over interest rates and fees - WSJ

Lending Club's woes continue, with New York state's financial services regulator joining the Justice Department in investigating the online loan marketplace, according to the Wall Street Journal.

Lending Club faces Justice Department probe

Lending Club faces Justice Department probe

After its CEO was forced out over a loans sale scandal, Lending Club says that it is being investigated by the US Justice Department and admitted that investors are pulling back from debt purchases.

Lending Club CEO resigns after review into loan sales

Lending Club CEO resigns after review into loan sales

Shares in Lending Club plunged in pre-market trading on news that chief executive and chairman Renaud Laplanche has quit after an internal review of loan sales to an investor.

Prosper slashes workforce as online lenders feel the heat

Prosper slashes workforce as online lenders feel the heat

Jobs, earnings and funding news out of three of America's biggest alternative lending platforms - Prosper, OnDeck and SoFi - is raising concerns about the market and investors' willingness to fund loans.

Funding Circle, Lending Club and Prosper form trade association

Leading online credit marketplaces Funding Circle, Lending Club (NYSE:LC) and Prosper Marketplace today announced the launch of the Marketplace Lending Association (MLA), a U.S. non-profit membership organization created to promote responsible business practices and sound public policy to benefit borrowers and investors.

Lending Club joins Millennium Alternative Investment Network

Millennium Trust Company, a leading provider of technology-enabled asset custody solutions for institutions, advisors, and individuals, and Lending Club (LC), the world's largest online lending marketplace, today announced that Lending Club is the latest investment platform to join the Millennium Alternative Investment Network (MAIN).

CFPB puts P2P lenders under the microscope

CFPB puts P2P lenders under the microscope

The US Consumer Financial Protection Bureau (CFPB) is to start accepting complaints about loans filed with marketplace lenders, ramping up the regulatory pressure on the nascent P2P industry.

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