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News Roundup
·Nov. 4, 2020

LendingClub Shows Continued Recovery in Q3 2020 Results

This afternoon LendingClub released their earnings for Q3 2020. They have bounced back from the lows of Q2 showing a...
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FintechUSA
·Aug. 5, 2020

LendingClub Releases Q2 2020 Earnings

LendingClub reported their Q2 earnings after the closing bell yesterday and as expected it was a significantly down quarter; the...
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FintechUSA
·Jul. 10, 2020

SoFi Applies for a National Bank Charter

Leading fintech platform, SoFi, has applied for a national bank charter with the OCC; unlike back in 2017 when they...
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EuropeFintechUSA
·Jun. 29, 2020

European Investors Looking to Back US Consumer Loans

Dynamic Credit is an asset manager that started in New York but has strong European ties; they have launched their...
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FintechUSA
·Jun. 3, 2020

Online Lenders Make Attractive Buying Targets for Banks

Online lenders have felt the brunt of the current crisis as many of the platforms operate on a marketplace model...
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Peer to Peer Lending
·Oct. 7, 2020

LendingClub Closing Down Their Platform for Retail Investors

There is big news out of LendingClub today for their tens of thousands of retail investors. They have given notice...
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News Roundup
·Aug. 4, 2020

LendingClub Releases Q2 2020 Earnings

Today, LendingClub released their Q2 2020 earnings and as expected the results were pretty ugly. As the pandemic takes a...
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EuropeFintechUSA
·Jun. 30, 2020

More News for June 30th, 2020

Supreme Court strikes down CFPB leadership structure Experian’s Rob Haslingden: “Open Finance has the potential to fuel the growth of...
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FintechUSA
·Jun. 26, 2020

LendingClub Provides an Investor Update

LendingClub provided an investor update in a blog post yesterday that demonstrates the resilience of their borrower base; the company...
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FintechNews RoundupUSA
·May. 14, 2020

Why Decentralized Lending Today is Like the Early Days of P2P Lending

LendIt Co-Founder and current CCO of Centrifuge, Jason Jones, wrote a guest post on Lend Academy comparing decentralized lending to...
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