LendingClub Reports Strong Q4 Earnings But Weaker 2019 Guidance
After the closing bell yesterday LendingClub reported their earnings for Q4 2018 and the full calendar year; they originated a record $10.9 billion in new ...
Announcements & Releases for January 18, 2019
Natwest rolls out Esme loans to SME customers ScaleFactor secures $30m funding for back office automation Truss Raises ...
Inverted Yield Curve, Fintech Deals and Securitization Lawsuit
The Fed is on track to raise rates one last time in 2019 with the percentage of a rate rise sitting at 77 percent; ...
Strong Economy, New Securitization Deal and Consumer Credit Digest
In this week’s PeerIQ Industry Update they cover the continued strength of the economy as wages grew at 3.1 percent YoY, unemployment stayed at 3.7 ...
LendingClub Reaches $1bn in CLUB Certificate Issuance
LendingClub Reaches $1bn in CLUB Certificate Issuance LendingClub has seen issuance of their new CLUB Certificate reach $1bn in less than a year after ...
LendingClub Tops $1B in New Club Certificates…in Under One Year
Less than a year after announcing Club Certificates, LendingClub has reported that the company has topped the $1 billion mark in new Club Certificates. LendingClub’s ...
Is a Bubble Being Formed in Online lending?
Online consumer and small business lending platforms are bringing in record numbers of originations according to recent earnings calls and some are now asking ...
Online Lenders Learn from Early Mistakes
Online lending companies like LendingClub and OnDeck look a lot different now then when they went public in the winter of 2014; there have ...
Banks Disagree with CECL and Fintech Earnings Season
In this week’s PeerIQ Industry Update they cover the continued flattening of the yield curve and the growth of consumer credit growing at a ...
Roundup of Q3 2018 Earnings: GreenSky, OnDeck, LendingClub
Yesterday was a big day for the public companies in our space. OnDeck Capital and GreenSky reported before the market opened and LendingClub reported after ...