Tag: LendingClub
JPMorgan’s head of new technologies hired by LendingClub
Santiago Suarez will join the San Francisco-based company as Head of Strategy and Mergers and Acquisitions. Read more: www.bloomberg.com
US consumers defaulting on loans made online
Online loans have shown signs of weakening with two of Avant’s securities breached triggers this month for the first time. Read more: www.bloomberg.com
LendingClub shares soar on smaller than expected loss
Online lending platform operator LendingClub reported a smaller-than-expected loss and said an investor had agreed to buy $1.3 billion in loans. Read more: www.fintechranking.com
Lending Club launches car loan refinance product
Today, Lending Club announced it is bringing transparent experience to the auto refinancing industry. Read more: www.finovate.com
LendingClub slumps on credit deterioration, higher rates
LendingClub Corp., the arranger of online consumer loans, declined in New York trading after citing higher delinquencies by borrowers. Read more: www.bloomberg.com