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Prosper Commits To Build Robust Liquidity Tools
Monday, December 21, 2020 - 9:11am | 937There is a tremendous amount of liquidity in the crypto markets, and Prosper is creating new ways for people to connect. As the size and scope of crypto markets increases, both traders and investors will need new tools for hedging and speculating that ensure trust, and derisk positions to the...
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Study: Top 20 Locations To Spend Valentine's Day
Monday, February 12, 2018 - 1:22pm | 403A new study confirms what Tony Bennett once sang about in "I Left My Heart In San Francisco" — there's something romantic about the city by the bay. San Francisco was named as the top location for Valentine's Day this year by WalletHub in a study. WalletHub...
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An Australian Entrepreneur And Ron Suber Want To Fix America's Student Debt Crisis With A Fintech Solution
Wednesday, August 2, 2017 - 8:26am | 467A trillion-dollar black cloud of student debt hangs over multiple generations of Americans. Student debt is delaying marriages, major purchases, home ownership and general enjoyment of life for millions of people. There’s more student debt than even credit card debt. Something’s gotta...
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Canaccord On Online Lending: Still Too Early To Call A Bottom
Monday, July 25, 2016 - 3:11pm | 531Canaccord Genuity said online lending stocks such as LendingClub Corp (NYSE: LC) and On Deck Capital Inc (NYSE: ONDK) should see continued headwinds in the second quarter. "Investors continue to be concerned about credit risk (growing net charge-offs), investor demand for loans (especially from...
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Post LendingClub, Other Online Lenders Under NY Regulatory Radar
Thursday, May 26, 2016 - 11:01am | 352New York State's financial regulator recently initiated an investigation into LendingClub Corp (NYSE: LC) and is now eyeing activities of other online lenders. Of particular concern is whether these peer-to-peer lenders should be allowed to conduct business in New York, Reuters reported, citing a...
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Fears Of Lending Club's Regulatory Woes Might Be Felt By Other Social Lending Players
Tuesday, May 17, 2016 - 12:20pm | 448LendingClub Corp (NYSE: LC), after ousting its CEO and amid concerns over lapses in its internal controls, has now become the focus of investigations headed by both the U.S. Department of Justice and the Securities and Exchange Commission. The news has broad implications for the burgeoning online...
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TechCrunch: Lending Club's Selloff A 'Perfect Storm'
Thursday, March 3, 2016 - 11:26am | 741Despite a business volume that has multiplied to twice its size in the last 12 months, LendingClub Corp (NYSE: LC) is down more than 16.5 percent year-to-date. Even more puzzling is the positive net income the company has experienced and the year-over-year picture, with the stock down almost 54...
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LendingRobot Expands Marketplace Access Via Partnership With Funding Circle
Thursday, November 19, 2015 - 3:10pm | 454LendingRobot has announced a new partnership with online business lending marketplace Funding Circle. LendingRobot is a robo-advisor that uses automated investment strategies to select customized marketplace loan portfolios. The new partnership with Funding Circle allows LendingRobot customers...