dv01, a platform that connects online lenders and investors with data management, has expanded its reporting partnership with LendingClub, according to a release by the firm. dvo1 has previously provided reporting services for LendingClub securitizations but is says it now has secured its “role as… Read More
Read more in: Investment Platforms and Marketplaces, Fintech | Tagged dvo1, lendingclu, lendingclub, perry rahbar, valerie kay
LendingClub (NYSE:LC), the largest marketplace lending platform in the US, has just posted an 8K regarding a warehouse funding agreement with certain lenders. LendingClub has enlisted the assistance of JPMorgan Chase Bank, N.A. as administrative agent, and Wilmington Trust, National Association as collateral trustee. The warehouse… Read More
Read more in: Investment Platforms and Marketplaces | Tagged 8k, jpm chase, lendingclu, lendingclub, marketplace, online lending, p2p, peer to peer, warehouse
Below is the copy of the letter Paul Mathieson, the CEO of IEG, sent to Scott Sanborn, CEO of LendingClub, and the LendingClub Board of Directors. In the letter, Mathieson declares his intent to commence a tender offer for up to 9.99% of LendingClub (NYSE:LC)… Read More
Read more in: Investment Platforms and Marketplaces | Tagged australia, ieg holdings, lendingclu, lendingclub, marketplace, online lending, paul mathieson, scott sanborn, tender offer
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