The UK alternative finance market is still healthy

To learn more and subscribe, please click here. The UK’s alternative finance market — including marketplace lending, crowdfunding, and invoice trading — grew 43% year-over-year (YoY) in 2016, from £3.2 billion ($4.3 billion) to £4.58 billion ($6.17...

LendingClub Shares Fall After Disappointing Investor Day

The move comes after numerous struggles for the online lender (as well as for the marketplace lending industry overall) during the year. LendingClub had previously reduced its guidance during its third-quarter conference call, and detailed this second …Powered...

Lending Club shares plumb new depths

“The last 18 months have been among the most challenging of my career, but my conviction has never wavered: consumer credit is a data problem that a technology-driven marketplace is well positioned to solve,” he said. “That’s what drew me to …Powered by...