Search Results for: lendingClub

LendingClub Acquires $1 Billion Personal Loan Portfolio
Banking Finance News

LendingClub Acquires $1 Billion Personal Loan Portfolio

Fintech News Desk
Seasoned, Quality Portfolio to Support Growth in Recurring Revenue LendingClub Corporation announced an agreement to acquire a $1.05 billion loan portfolio. The portfolio consists of personal loans that were originated through LendingClub’s marketplace and will support its growing revenue stream of recurring net interest income. The personal loans were previously acquired by......
LendingClub Names Drew LaBenne as New Chief Financial Officer
Banking News

LendingClub Names Drew LaBenne as New Chief Financial Officer

Fintech News Desk
Current CFO and Board Member, Tom Casey, to Retire After Transition Period LendingClub Corporation the parent company of LendingClub Bank, America’s leading digital marketplace bank, today announced that Drew LaBenne has been named LendingClub’s next Chief Financial Officer (CFO). To ensure a seamless transition, he will assume the responsibilities on September 1, 2022, from current......
LendingClub Adds Client-to-Client Sales to Its LCX Automated Loan Auction Platform
Digital Investment Services News

LendingClub Adds Client-to-Client Sales to Its LCX Automated Loan Auction Platform

Fintech News Desk
Major Step Forward to Enhance Liquidity of Asset Class LendingClub Corporation, the parent company of LendingClub Bank, America’s leading digital marketplace bank, announced a major enhancement to its automated loan auction platform, LCX. Institutional investors can now sell LendingClub loans directly to each other on the platform, increasing liquidity for this......
LendingClub Surpasses 4 Million Members
Banking News

LendingClub Surpasses 4 Million Members

Fintech News Desk
One Year After Becoming a Bank, LendingClub Helps More People Keep More of What They Earn LendingClub Corporatio, the parent company of LendingClub Bank, America’s leading digital marketplace bank, announced it has helped more than 4 million members since 2007 on their paths to financial health. The company reached this......
LendingClub Endorses Small Business Truth in Lending bill introduced in US House and Senate
Fintech News

LendingClub Endorses Small Business Truth in Lending bill introduced in US House and Senate

Fintech News Desk
Bill would bring price transparency to small business lending, building on similar laws passed in California and New York LendingClub Corporation , the parent company of LendingClub Bank, America’s leading digital marketplace bank, endorsed a bill introduced in the United States House and Senate that would extend the transparency standards of......
LendingClub and PYMNTS Third Report Finds Personal Loans Have Become a Mainstream Financial Tool for Americans
Banking Finance Fintech News

LendingClub and PYMNTS Third Report Finds Personal Loans Have Become a Mainstream Financial Tool for Americans

Fintech News Desk
LendingClub Corporation, the parent company of LendingClub Bank, America’s leading digital marketplace bank, today released findings from the third Reality Check: Paycheck-To-Paycheck research series, conducted in partnership with PYMNTS.com. The first report found that the majority of Americans (54 percent) are living paycheck-to-paycheck; the second edition examined regional differences and found that Americans living in......
LendingClub and PYMNTS Second Report Finds Americans Living in the South Central Region are Most Likely to Live Paycheck to Paycheck
Banking Fintech News

LendingClub and PYMNTS Second Report Finds Americans Living in the South Central Region are Most Likely to Live Paycheck to Paycheck

Fintech News Desk
LendingClub Corporation, the parent company of LendingClub Bank, America’s leading digital marketplace bank, released findings from its second  Reality Check: Paycheck-To-Paycheck research series, conducted in partnership with PYMNTS. The first report found that the majority of Americans (54 percent) living paycheck-to-paycheck; this second August edition examines regional differences. The key takeaway: In......
LendingClub Appoints Adrienne Harris to its Board of Directors
Banking Fintech News

LendingClub Appoints Adrienne Harris to its Board of Directors

Fintech News Desk
LendingClub Corporation , the parent company of LendingClub Bank, America’s leading digital marketplace bank, announced that Adrienne Harris has joined as the newest member of its Board of Directors, effective July 29, 2021. “We are thrilled to have Adrienne join our board and support our next chapter of growth,” said Scott Sanborn, CEO of LendingClub. “She is deeply in touch with......
LendingClub Announces New Appointments to Accelerate Digital Marketplace Bank Strategy
Banking Digital Fintech News

LendingClub Announces New Appointments to Accelerate Digital Marketplace Bank Strategy

Fintech News Desk
Promotes Ronnie Momen to Company’s First Chief Consumer Banking Officer David Bolocan joins from BBVA USA as Senior Vice President of Deposits and Payments Amber Carroll joins from Freedom Mortgage as Senior Vice President of Membership & Lifecycle Marketing Jamie Armistead joins from Zelle as Vice President of Product Management......
FinTron Partners with LendingClub Bank to Offer Digital Banking Services to Mobile-First Generation
Banking Mobile Banking News

FinTron Partners with LendingClub Bank to Offer Digital Banking Services to Mobile-First Generation

Fintech News Desk
FinTron App Allows Users to Manage their Funds in an All-in-One Digital Banking, Investing, and Learning Platform FinTron Invest– a new FinTech company, built by the mobile generation, for the mobile generation – announced today a new partnership with LendingClub Bank, National Association, Member FDIC, America’s leading digital marketplace bank.......
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