-
Lending Club May Still Be Small, But It's Growing Exponentially
Thursday, May 7, 2015 - 1:43pm | 447LendingClub Corp (NYSE: LC) reported better-than-expected quarterly earnings following market closing on Wednesday. Adjusted EPS for the quarter came in at $0.02 on revenue of $81 million, compared to the adjusted EPS of $0.00 on revenue of $38.7 million for the same quarter last year. Founder...
-
LendingClub CEO On Partnering With Alibaba
Wednesday, February 4, 2015 - 4:53pm | 366Two of the hottest IPO companies last year, LendingClub Corp (NYSE: LC) and Alibaba Group Holding Ltd (NYSE: BABA), announced a partnership on Tuesday, which will allow U.S. small businesses to get financing to buy Chinese goods on Alibaba’s platform at a fraction of rates charged by credit...
-
Why Shares Of LendingClub Were Trading Higher On Tuesday (Hint: It's About Alibaba)
Tuesday, February 3, 2015 - 11:39am | 169Shares of LendingClub Corp (NYSE: LC) were trading higher by more than 4 percent on Tuesday after the company announced a partnership with Alibaba Holding Group Ltd (NYSE: BABA). LendingClub will team up with Alibaba to offer sales financing to small U.S. business who are buying items from Chinese...
-
Lending Club Founder & CEO Discusses The Company's IPO
Thursday, December 11, 2014 - 3:22pm | 428Lending 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...
-
Consumer Loan Rates Surpass Bonds, Boosting Lending Club's Popularity
Thursday, September 8, 2011 - 12:36pm | 558The company that aims to cut out the middle man is taking things one step further as investors flock to the service. Lending Club, the “safe alternative” to traditional banking, is beginning to attract investors who buy pieces of loans and receive higher returns than they would get from stocks or...
-
Lending Club, A “Safe Alternative” To Traditional Banking
Tuesday, January 4, 2011 - 3:22pm | 250If 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...
-
Renaud Laplanche: Best Investments, Career Highlights And More
Tuesday, January 4, 2011 - 3:09pm | 369When 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...
-
Renaud Laplanche: Lending Club Is Growing 5% to 10% Month-To-Month
Monday, January 3, 2011 - 4:43pm | 89During 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...
-
Lending Club: Killing Two Birds With One Stone
Monday, January 3, 2011 - 2:45pm | 435You 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...
-
Exclusive: Interview with Renaud Laplanche, CEO of Lending Club, Part 1
Monday, January 3, 2011 - 2:27pm | 1334Welcome to Zing Talk, where Benzinga brings you the biggest names and brightest minds from Silicon Valley to New York City. Direct Download Subscribe in iTunes Today our guest is Renaud Laplanche, the CEO of Lending Club. How are you doing today, Renaud? Renaud Laplanche: I'm good, thank...