Al Goldstein

Personal loan startup Avant announced today that it would spin off its lending infrastructure tech business into a new platform, Amount. The business builds consumer lending products for major banks based on the technology backbone that Avant’s lending line has already built out. “Avant...

Quite recently, LendingClub Corp (NYSE: LC)’s CEO was forced to resign over allegations that he had misplaced the sale of loans. However, malaise is not over for the online lender. Last Wednesday, the company issued a downward revision of a previously released weekly loan sales figure,...