Lending Club’s terrible twos

“I crossed paths with Laplanche back in 2007 and wanted to back him right away,” Petrushka said. Laplanche is Renaud Laplanche, Lending Club’s colorful and highly quotable founder and first CEO, and he had that effect on a lot of people during the eight years between Lending Club’s IPO in 2014 and its beginnings. And understandably so, because whatever else might be true, Laplanche always had a big vision for his firm — and for financial services technology providers in general. Read more: PYMNTS.com