Tagged: lendup

LendUp Launches Digital Banking and Financial Health Platform “Ahead Financials” for the Emerging Middle Class

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LendUp, a socially responsible online lender on a mission to redefine financial services for the emerging middle class, announced on Tuesday the launch of its new digital banking and financial health platform, Ahead Financials. According to LendUp, Ahead Financials is dedicated to serving emerging middle-class… Read More

LendUp Milestone: Surpasses $2 Billion in Consumer Loans

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LendUp, a socially responsible online lender on a mission to redefine financial services for the emerging middle class, announced on Thursday it has surpassed $2 billion in consumer loans through its digital lending platform. The company reported that since 2012 it has provided more than… Read More

LendUp Names Capital One Co-Founder Nigel Morris As Board Chair & QED investors Co-Founder Frank Rotman As Board Members

LendUp Frank Rotman

LendUp, a socially responsible online lender on a mission to redefine financial services for the emerging middle class, announced on Thursday it has appointed Capital One co-founder Nigel Morris joined as board chair, and Frank Rotman, an early Capital One employee and its longtime Chief Credit Officer, joined… Read More

LendUp Appoints Former Tesla VP Bill Donnelly As First Chief Financial Officer

LendUp Bill Donnelly

LendUp, a socially responsible online lender on a mission to redefine financial services for the emerging middle class, announced on Tuesday it has appointed former Vice President of Global Financial Services for Tesla, Bill Donnelly, as its new (and first) Chief Financial Officer. According to… Read More

LendUp Appoints Jotaka Eaddy As New VP of Policy, Strategic Engagement & Impact

Jotaka Eaddy

LendUp, a socially responsible online lender on a mission to redefine financial services for the emerging middle class, announced on Wednesday it has appointed Jotaka Eaddy as its new Vice President of Policy, Strategic Engagement, and Impact. Eaddy previously served as LendUp’s Head of Government Affairs…. Read More

Online Lender LendUp Receives Strategic Investment From PayPal & Appoints Former CFO of LendingClub As Board Advisor

Carrie Dolan

LendUp, a socially responsible online lender on a mission to redefine financial services for the emerging middle class, announced on Thursday it received a strategic undisclosed sum investment from PayPal.  While sharing details about the investment, Sasha Orloff, LendUp co-founder and CEO, stated: “PayPal has… Read More

CFPB Orders LendUp to Pay-up $3.63 Million in Refunds & Penalties

Red Card Penalty Fine Infraction

The Consumer Financial Protection Bureau (CFPB) has ordered LendUp to pay approximately $1.83 million in refunds and pay a civil penalty of $1.8 million. The enforcement action was taken as the “online lender did not help consumers build credit or access cheaper loans” as the… Read More

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