Lending Club

The Benzinga Global Fintech Awards — a day of dealmaking, networking and recognition in the financial technology space — takes places Nov. 10.  In recognition of those disruptive innovators creating positive and diverse change within the financial services...

LendingClub Corp (NYSE: LC) fell as much as 22.4 percent Thursday as management presented weak guidance at investor day. Following a third-quarter sales miss, the firm now anticipates a 2017 GAAP loss per share between 16 cents and 17 cents against the Street’s expected 2-cent gain. “Q4...

Shares of Lending Club Corp (NYSE: LC) were trading lower by more than 25 percent early Monday morning after the company reported the resignation of its CEO within its first quarter results. Lending Club said it earned $0.01 per share in the first quarter on revenue of $151.27 million. Wall...

Deutsche Bank’s Matt O'Connor maintained a Buy rating for JPMorgan Chase & Co. (NYSE: JPM), with a price target of $70. The analyst mentioned the key focus areas as : How much would revenue miss expectations, if the economy and markets remain weak? Management has projected $2...

Shares of LendingClub Corp (NYSE: LC) have lost nearly 50 percent year-to-date. The company's CEO continues to maintain a view that its peer-to-peer lending structure hasn't been impacted by the Madden v. Midland case. Michael Tarkan of Compass Point Research maintained a Sell rating and $12 price...

Lending Club Corp. (NYSE: LC) made a spectacular debut Thursday, opening more than 60 percent higher than its issue price. The company has garnered interest from influential investors because of its unconventional business model. Renaud Laplanche, Lending Club founder and CEO, was on CNBC...

Alternative lending provider, Lending Club (NYSE: LC) will debut Thursday, December 11. The company is paving the way for a new method of financing, designed to cut out the middleman and connect lenders with borrowers using its technology-based platform as a launchpad. Old Vs. New Methods...

If there's one thing Renaud Laplanche can't stress enough, it's his dedication to allaying the fears of wary investors. As the co-founder and CEO of Lending Club, he wants everyone to know about the safety and security of his financial community. “I think what happens is that, as the ratings come...

When Renaud Laplanche co-founded Lending Club with Soul Htite, he became responsible for overseeing the strategic direction and operation of the firm. While far from an easy task, this is not the first time that Laplanche has launched and led a successful enterprise. Before Lending Club, he was the...

During a recent interview with Lending Club's Renaud Laplanche, the co-founder and CEO told Benzinga about the site's impressive growth. “Right now we're growing 5% to 10% month to month,” he said. As an online financial community, Lending Club is dedicated to bringing together borrowers and...

You know the old saying, “Kill two birds with one stone”? Renaud Laplanche, co-founder and CEO of Lending Club, could write a book on that. As a site for both investors and borrowers, Lending Club was designed to give interested parties an alternative to traditional banks. “Instead of borrowers...