Digital Marketplace Bank - All News And Posts By Crowdfund Insider

Living Paycheck to Paycheck Cuts Across All Income Brackets, with 75% of Consumers Earning Less than $50K Annually – Survey

December 1, 2023 @ 4:11 pm By Omar Faridi |

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America’s digital marketplace bank, released key findings from the 26th edition of the Reality Check: Paycheck-To-Paycheck research series. The Seasonal Financial Distress Deep Dive Edition “examines the impact of seasonal spending on consumers’ ability to… Read More

Nearly 30% of Gen Z Consumers Living Paycheck to Paycheck Cite Nonessential Spending as Cause for Financial Distress: Report

September 2, 2023 @ 10:17 am By Omar Faridi |

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America’s digital marketplace bank, released findings from the 25th edition of the New Reality Check: Paycheck-To-Paycheck research series.” The Nonessential Spending Deep Dive Edition examines “the impact of nonessential spending on consumers’ ability to manage… Read More

LendingClub Reports Q1 2023 Results: Total Assets Grew 10%, Deposits Up 13% Since Dec ’22

April 30, 2023 @ 8:59 am By Omar Faridi |

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America’s digital marketplace bank, recently announced financial results for the first quarter ended March 31, 2023. Scott Sanborn, LendingClub CEO, said: “We delivered a solid quarter driven by our strategic advantages, including over 15 years… Read More