Lending Club

Online lenders seek to balance the needs of borrowers, investors

03/26/20

While LendingClub, Prosper, Avant and SoFi are giving existing borrowers breaks in the short term, they're considering tightening credit as the coronavirus outbreak threatens to drag the economy into a recession.

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What LendingClub and Radius saw in each other

02/20/20

The heads of the two companies explain how the deal came about, what hurdles they face and how they plan to mash up their very different operations.

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Simpler is better for fintechs breaking into banking

02/20/20

LendingClub and Varo Money are making inroads into the traditional financial system, but other fintechs still face long odds.

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LendingClub to acquire Radius Bancorp for $185 million

02/18/20

The online lender's deal for Boston-based Radius would be the first in history in which a fintech buys a mainstream bank.

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Fintech lenders tighten standards, become more like banks

12/16/19

Easy credit has given way to cautiousness, with financial technology upstarts now seeking households with higher incomes, above-average credit scores and less debt relative to their wages.

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Charter or not, fintechs are already ‘banking’

11/22/19

A more practical approach for U.S. regulators on whether to bring fintechs into the banking fold might be ‘better the devil you know than the devil you don’t.’

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LendingClub's new pitch to institutional investors

10/10/19

The company has rolled out an online platform for firms considering marketplace loans as an asset class.

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LendingClub founder's new firm launches card-loan hybrid product

10/10/19

Renaud Laplanche, one of the first fintech disruptors, is launching an unusual type of credit product at Upgrade, his new company, that is a cross between a credit card and an unsecured loan.

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Fintech lenders taking more market share from banks, survey finds

09/25/19

Digital-first lenders more than doubled their market share in the last four years, according to a report by Experian.

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Nonbank players are ready for CECL — are banks?

08/15/19

The accounting standard is coming regardless of a delay. It will bring some nonbank lenders to the forefront of banking competition.

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