Banks Begin to Find Financial Inclusion More Worthwhile
Banks and financial inclusion have never really gelled that much as banks usually offered a limited amount of services to only a portion of ...
LendingClub Discusses National Bank Charter, GreenSky Exploring Sale
Both LendingClub and GreenSky reported earnings yesterday; LendingClub had record loan originations and record net revenues; they also announced their new Select Plus Platform ...
LendingClub Introduces Levered Certificates
LendingClub first launched their CLUB certificates back in December 2017; this was a way for certain kinds of investors to invest in whole loans who ...
New LendingClub Account Performance – Q2 2019
On Lend Academy we share the latest developments at LendingClub as well as the results from the new investment account that was opened in 2018; ...
Ten Years of Investing in Marketplace Lending
Peter Renton shares his thoughts from ten years of investing in marketplace lending; he started investing in LendingClub back in July 2009 and continues to ...
How Will Fintech Companies Handle a Recession
American Banker revisits the age old question in fintech: what happens when the next recession hits? Established fintech lenders such as LendingClub, CommonBond and Affirm ...
LendingClub Crosses $2 Billion in CLUB Certificates
LendingClub launched their CLUB Certificates less than 18 months ago; after a year they crossed $1 billion and it took another six months to issue ...
LendingClub Expands Program to Help Borrowers Actually Pay Off Debt
LendingClub announced yesterday an expansion of balance transfer loans which they had previously been calling direct payoff; now more borrowers will have more access ...
Millennial Delinquency Rising, Fintech Earnings and Regulatory News
In this week’s PeerIQ Industry Update they cover the troubling data of millennial delinquency rising significantly higher than older borrowers; overall the U.S. economy ...
New LendingClub Account Performance – Q1 2019
In April 2018, LendingClub provided us with $5,000 to open a brand new account; since then we have been chronicling the status of the ...