The company is still facing big pressures on its marketplace business and these aren't likely to go away this year. The expansion of its own loan portfolio produces much less initial earnings (and ...

Peer-to-peer lending is a new method of debt financing that allows people to borrow and lend money without a financial institution. Harnessing technology and big data, P2P platforms connect borrowers ...

LendingClub topped bottom-line estimates as its credit loss provision declined. The company expects to grow its loan book this quarter. Higher interest rates have squeezed the business, but those are ...

Online financial services platforms are everywhere these days with LendingTree (NASDAQ:TREE) and LendingClub (NYSE:LC) two of the most popular. Online financial services platforms are everywhere these ...

LendingClub has successfully transitioned from a P2P lender to a profitable fintech-bank hybrid, leveraging its national bank charter for flexibility and growth. Recent financials show strong revenue ...

SAN FRANCISCO and NEW YORK, July 10, 2025 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), which operates America's leading digital marketplace bank, today announced that funds managed by Blue Owl ...

(RTTNews) - LendingClub Corp. (LC) said it will reduce its workforce by approximately 14%, or 172 employees. The company anticipates that the actions will result in annualized run-rate compensation ...