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Peer2Peer Finance News | November 20, 2017

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Lending Club Renaud Laplanche

Lending Club posts Q1 loss but lifts full-year forecast

May 5, 2017 |

LENDING CLUB posted its fourth consecutive quarterly loss on Thursday but raised its revenue forecast for the full year, as chief executive Scott Sanborn restated his ambition to return the company to growth within one year from his predecessor’s departure.

The scandal-struck … Read More

Lending Club losses increase after tough 2016

February 15, 2017 |

US peer-to-peer giant Lending Club made a loss for the third year in a row in 2016, despite new loans picking up slightly in the fourth quarter.

The platform, which saw its founder and chief executive Renaud Laplanche resign last … Read More

Lending Club’s Laplanche to set up rival firm

November 16, 2016 |

FORMER Lending Club chief executive Renaud Laplanche is planning his comeback to the peer-to-peer finance industry, less than a year after he was ousted from the company he founded.

Laplanche has reportedly started a new online lending company called … Read More