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Peer2Peer Finance News | November 23, 2017

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LendingClub sends shares down after lowering revenue forecasts

November 8, 2017 |

LENDINGCLUB has seen its share price plummet 20 per cent after lowering its revenue forecast and announcing a change in its approach to borrowers.

The US peer-to-peer lending giant reported the highest revenue in the company‚Äôs history for the third … 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