Tag: Lending Club

CapStack, the integrated operating system for banks, has officially stepped out of stealth mode, amassing $6m in pre-seed funding.

Online lending platform LendingClub has closed its second securitisation deal, which it sponsored and supported, in a deal worth $323m.

Lending Club is hiring Steve Allocca PayPal global head of credit as its president as the lender continues to move away from the scandal that overturned its fortunes last year.

Former Lending Club CEO Renaud Laplanche is launching a new consumer lending startup with $60m in funding.

South Korea’s Hanwha Life Insurance has acquired a 4.1% stake in troubled peer-to-peer lending firm Lending Club. The insurer paid $66.3m for the stake.

Lending Club has brought in its new CFO. Thomas Casey is joining the wavering peer-to-peer lending company following the departure of Carrie Dolan.

Peer-to-peer lending firm Lending Club is bringing new senior staff on board in an attempt to once again win favour with investment banks.

Following the ousting of its former CEO Renaud Laplanche, peer-to-peer marketplace Lending Club continues to struggle, posting widening year-on-year losses for Q2 2016.

Peer-to-peer lending firm Prosper is in talks with a group of investment firms to sell $5bn worth of loans over the next five years.