P2P crowdfunding platform Lending Club has announced they are officially entering the business loan sector. “Everyone recognizes that small businesses are an engine of job creation and economic growth, yet their access to capital has been constrained,” said Lending Club CEO Renaud Laplanche. “We look… Read More
Read more in: General News, Investment Platforms and Marketplaces | Tagged lending club, p2p, peer to peer, renaud laplanche
In the ever-growing crowdfunding community, peer lending reigns supreme. A TD Economics report we covered last week estimates the size of the global crowdfunding industry at somewhere between $3 and $5 billion in 2013. Of the sites responsible for this emergent shift in capital access,… Read More
Read more in: Featured Headlines, Investment Platforms and Marketplaces | Tagged bubble, california, community banks, debt, facebook, google ventures, hans morris, ipo, john mack, larry summers, lending, lending club, mary meeker, p2p lending, renaud laplanche, san francisco, venture capitalists, wells fargo
The peer-to-peer lending space is rife with news and new high-quality market entrants to kick off the new year. It’s part of the reason why I predicted that 2014 is the year that P2P lending goes mainstream. (One could make an argument that it already has,… Read More
Read more in: General News | Tagged canaan partners, citigroup, debt, lending, lending club, orchard, p2p lending, peer to peer, renaud laplanche, spark capital, vikram pandit
On Thursday, December 5th 2013, Lending Club Founder and CEO Renaud Laplanche provided the following testimony to the House Committee on Small Business, and specifically the Subcommittee on Economic Growth, Taxes and Capital Access. A survey released by the Federal Reserve Bank of New York… Read More
Read more in: Investment Platforms and Marketplaces, Politics, Legal & Regulation | Tagged banks, committee on small business, dodd frank, house of representatives, lending club, p2p, p2p lending, renaud laplanche
Lending Club is on a roll. The company has announced that they’ve faciliated over $3 billion in loans originated on their P2P lending platform since their launch in May of 2007. The site is on pace for over $2 billion worth of loan originations in… Read More
Read more in: Investment Platforms and Marketplaces | Tagged debt, lending club, p2p lending, renaud laplanche, san francisco
The National Association for Business Economists (NABE) will be holding their 55th annual meeting next week in San Francisco. As part of the gathering a session has been scheduled entitled, “Crowdfinancing: Can the Revolution in Financial Intermediation be a Catalyst for Small Business?”. This session… Read More
Read more in: General News | Tagged circleup, dara albright, event, lending club, lendit, peter renton, renaud laplanche, rory eakin
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