Lending Club is the world’s largest online marketplace connecting borrowers and investors. We’re transforming the banking system to make credit more affordable and investing more rewarding.
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Discussion
Fintastico Team
1 day, 12 hours
https://www.crowdfundinsider.com/2019/08/150691...
Future Fintech: The Fight for the Digital Banking Crown
As 2019 moves into its third quarter, the once burgeoning industry of digital banking is starting to make serious waves in the financial world - and investors are taking notice. Big players like Monzo, Starling, N26, Revolut, and EQIBank have recently completed massive funding rounds
Fintastico Team
4 days, 21 hours
http://www.americanbanker.com/opinion/nonbank-p...
Nonbank players are ready for CECL — are banks?
The accounting standard is coming regardless of a delay. It will bring some nonbank lenders to the forefront of banking competition.
Fintastico Team
1 week, 4 days
https://cointelegraph.com/news/coinbase-custody...
Coinbase Custody Adds New York Banking Regulatory Experts to Its Board
Coinbase Custody Trust Company has appointed Richard Neiman and Robert Easton to its Board of Directors, who previously held various leadership positions in the New York State financial regulatory system.
Fintastico Team
1 week, 6 days
http://feedproxy.google.com/~r/finovate/~3/nGjg...
Lending Club Unveils Select Plus for Sophisticated Investors - Finovate
Months after LendingClub announced that it was closing its small business lending division, the online P2P credit marketplace is back in the fintech headlines with the launch of the Select Plus Platform. The solution enables sophisticated investors to participate in the financing of borrowers “who fall outside current criteria” of bank lenders. Select Plus provides Read more...
Satin Creditcare
1 week, 6 days
Certainly, the launch of "Select Plus Platform" will help to reach out to people who fall outside the credit lending criteria currently used by bank lenders. Thanks for simplifying credit accessibility.
Fintastico Team
1 week, 6 days
http://www.americanbanker.com/news/lendingclub-...
LendingClub eyes 3Q profit, looks to reopen credit spigot
The San Francisco company forecast a modest profit in the third quarter because its cost-cutting plans are ahead of schedule. It's also starting a program to sell riskier loans to sophisticated investors.
Fintastico Team
1 week, 6 days
https://www.crowdfundinsider.com/2019/08/150306...
LendingClub Q2 Results, Revenue Rises, Loss Declines. Launches New 'Select Plus Platform' for Sophisticated Credit Investors
LendingClub (NYSE: LC), an online lending platform for both borrowers and investors, has posted second-quarter results. While still generating a loss, LendingClub said it was on track to be net income profitable (Adjusted) by Q3. The Fintech lender reports the following metrics: Record loan originations
Fintastico Team
1 week, 6 days
https://www.crowdfundinsider.com/2019/08/150306...
LendingClub Q2 Results, Revenue Rises, Loss Declines. Launches New 'Select Plus Platform' for Sophisticated Credit Investors
LendingClub (NYSE: LC), an online lending platform for both borrowers and investors, has posted second-quarter results. While still generating a loss, LendingClub said it was on track to be net income profitable (Adjusted) by Q3. The Fintech lender reports the following metrics: Record loan originations
Fintastico Team
2 weeks
https://www.crowdfundinsider.com/2019/08/150228...
LendingClub: America Does Not Need Another Credit Card, Apple Card Spells Disaster for Consumers
Apple Card, a 'new kind of credit card' launched by Apple (NASDAQ:AAPL) in partnership with Goldman Sachs (NYSE:GS) is expected to be made available to the public within the next few days. In fact, it has been reported that invitation emails have already gone out