LendingClub and Prosper Tax Information for 2019
Every year we provide the information that retail investors who buy notes at LendingClub or Prosper need for filing their taxes; as the industry has ...
Comparing Acquisition Costs of Online Lenders
GreenSky noted in their end of the year earnings call that their acquisition costs were among the best in the market; during the call GreenSky ...
Announcements & Releases for February 21, 2019
Green Dot Eyes Banking-As-A-Service, Gen Z To Build On Q4 Growth $650 billion asset manager Franklin Templeton is embedding data ...
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 ...