Credit- and data-quality concerns were already dogging the high-flying marketplace lending sector when, in May, Renaud Laplanche, founder and chief...
Posts about Industry News (5):
Marketplace lending platform Lending Club (NYSE:LC) has appointed Patrick Dunne as its new Chief Capital Officer. Dunn, an experienced investment...
The recent rebuke by the Solicitor General (SG), a unit of the Department of Justice, concluded that Midland Funding LLC (a nonbank collection...
As illustrated in today’s article in Bloomberg, while some banks are pressing pause, long term investors like Prime Meridian are pressing forward by...
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.
SAN FRANCISCO, April 6, 2016 /PRNewswire/ — Leading online credit marketplaces Funding Circle, Lending Club (NYSE: LC) and Prosper Marketplace today...
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...
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