lendingclub

Alternative lending is any lending that occurs outside of a conventional financial institution. These lenders offer different types of loans such as lines of credit, microloans and equipment financing

As more fintech companies find their way to higher and higher valuations in both the private and public markets, expect to see more legacy banks and lenders be gobbled up by newer entrants.

Whether it be via SPAC, direct listing or traditional IPO, we are likely to see at least 10 to 15 fintechs go public this year — possibly more. The spotlight will be bright this year on fintech IPOs

This morning Upgrade, a credit-focused fintech startup, announced that it has raised a $40 million Series D round that the company says gives it a $1 billion valuation. The Upgrade round slots neatly

Andreessen Horowitz <3 Latin American startups. Latin America is the only region outside of the U.S. where the venture firm is routinely investing capital, and it just made another commitment, doub

In May of 2016, LendingClub CEO Renaud Laplanche faced the most embarrassing outcome imaginable for a founder. He was forced to resign from the peer-to-peer lending company he had created, just 18 mon

Renaud Laplanche spent ten years building LendingClub. In the process, he created an industry from scratch. Circumventing conventional banking channels for consumer credit began in 1996 when Chris Lar

Last year, privately held online lenders like Prosper, SoFi and Avant looked all but certain to go public at same unicorn valuations their venture investors had assigned them, if not higher. It seemed

Marketplace lending may not be prospering now but a resurgence could be on deck.

The lingo of personal finance is rapidly changing. Mint has replaced our nagging parents and significant others who think our spending is out of control. Wealthfront and Betterment took away our perso

The marketplace industry will be just fine. It is uncertainty – rather than a fundamental flaw in the business model – that is the root cause of the sector’s present turmoil. There’s uncertain

As digital wallets increasingly become the origination point for consumer spending, they will become THE platform for downstream financial services -- creating an opportunity for startups and a proble

Lending Club, the largest P2P lending platform in the U.S., has seen its share price drop by more than 50 percent since December 10; the price per share on the NASDAQ Stock Market dropped from $14 to

Lending startups are en vogue this year, with LendingClub and OnDeck planting the flag for the industry in public markets (and offering healthy returns to investors). But there's a crop of other lende

LendingClub, a company that provides an online loan marketplace, filed today to go public. According to its S-1 document, the company intends to raise up to $500 million in its flotation. LendingCl