(Reuters/IFR) - Renaud Laplanche, founder and chief executive of online lender Lending Club Corp, resigned after an internal probe found that the company had knowingly sold an investor $22 million of ...

The S.E.C. said that Renaud Laplanche had improperly approved alterations to some of the company’s lending products to bolster the company’s financial performance. By Nathaniel Popper Mr. Laplanche ...

Davidson Kempner Capital Management LP, Atalaya Capital Management, Nelnet, Inc. and Värde Partners Join Growing list of Marketplace Loan Investors Seeking Competitive Yield SAN FRANCISCO, Nov. 9, ...

Terms presented, including APR and monthly payment amount, are estimated and created based on information entered by you and through analysis of historical data on loans through Prosper. Your ...

I believe the 750 bps spread between credit card rates and personal loan rates will drive continued demand for debt consolidation loans, leading to double-digit origination fee growth in 2025. The 75 ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Troubled San Francisco-based fintech LendingClub will lay ...