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News

Every day the Fintech Nexus News team writes original stories from around the world, and we archive them chronologically on this category landing page.

News
·Sep. 8, 2011

Lending Club Attracts Their Largest Investor Ever

Today Lending Club announced a big new investor on their platform. Peter J. Thomson, a director at Thomson Reuters and...
Read Full Story
News
·Jun. 30, 2011

Lending Club Breaks $20 Million in New Loans in June

The numbers for June are in the books and Lending Club had another fantastic month, breaking $20 million in new...
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News
·Apr. 15, 2011

Lending Club Changes How Investors Can Ask Questions

Yesterday on the Lending Club blog, in a post titled Protecting Identity and Privacy, CEO Renaud Laplanche announced a change....
Read Full Story
News
·Aug. 3, 2011

Lending Club Closes a New $25 Million Funding Round

Today, Lending Club announced that they have closed their latest funding round, a Series D, to the tune of $25...
Read Full Story
News
·May. 13, 2010

Lending Club Debuts Five Year Loans

Lending Club has announced the creation of five year loans, adding a longer term peer to peer loan alternative that...
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News
·Jan. 31, 2011

Lending Club Overtakes Prosper to Become the World’s Largest P2P Lender

It was not a question of if it would happen, just when. Well, now it is official. Today Lending Club...
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FILE — LendingClub sign and logo at company headquarters in Silicon Valley.
Fintech
·Jan. 26, 2022

LendingClub beats Q4 earnings and delivers profits

Nearly a full year after purchasing RadiusBank, LendingClub boasted revenue of $262.2M and diluted earnings per share of $0.27.

Read Full Story
Banking
·Jan. 30, 2024

LendingClub delivers better than expected earnings in Q4 2023

LendingClub reported earnings for Q4 2023 and the company beat analysts expectations both on revenue and net income.
Read Full Story
LendingClub Earnings
Fintech
·Apr. 27, 2022

LendingClub earnings beat Q1 expectations

After a successful first quarter, LendingClub posted earnings of $.39 a share on revenue of $289.5 million, beating analysts' expectations.
Read Full Story
Banking
·Apr. 30, 2024

LendingClub exceeds expectations in strong Q1 earnings

LendingClub reported Q1 2024 earnings and the company exceeded analyst expectations for both revenue and profit.
Read Full Story
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