Since it presented itself in 2005, the P2P lending market (which matches lenders with borrowers for personal loans, real estate, commercial loans,...
Lending Club’s ouster of Chairman and CEO Renaud Laplanche and 35% drop in stock price has rattled the marketplace lending industry. Meanwhile,...
“The loan performance on our LC book (as well as Prosper) remains strong. The internal controls and audit process at LC actually worked successfully...
Silicon Valley once threw money at startups that aimed to disrupt broad swaths of finance. Now it is rewarding those that have sharpened their focus.
For those looking to sidestep the red tape of traditional real estate bank loans the peer-to-peer (P2P) real estate lending marketplace is growing in...
SAN FRANCISCO, April 6, 2016 /PRNewswire/ — Leading online credit marketplaces Funding Circle, Lending Club (NYSE: LC) and Prosper Marketplace today...
Fund manager Don Davis had been buying online loans for several years when there was a spike in calls from worried clients. In recent months, they’d...
Prime Meridian Capital Management, which specializes in an online peer-to-peer (P2P) lending strategies, has announced the launch of the Prime...
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...
Since his surprise departure of CEO of Citigroup in 2012, Vikram Pandit has lent his name, expertise and monetary support to various corners of the...
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