Category: FinTech

Stay up to date on the latest trends in FinTech – where technology meets finance to create new market opportunities.

FinTech

Lending Club Celebrates $13 Billion in Loans

by Jonathan Dyer 1
There's no doubt that the growth Lending Club has seen since launching in 2007 has been impressive. Eight years after launch the FinTech leader has introduced new products, formed great partnerships, and now they celebrate facilitating over $13 billion (with a 'b') in loans. As they've come to do when hitting such milestones, the company recently took a look at what their loans have been used to achieve over the...
FinTech

Square's IPO — What it Means for FinTech

by Jonathan Dyer 8
Following IPOs from Lending Club and OnDeck last year, another FinTech company is set to go public in the coming weeks. Square, a payments company famous for their mobile card readers amongst other things, filed for their initial public offering earlier this month. While no date has been announced for their stock debut yet, the news has garnered a lot of attention. Part of the reason Square's IPO has been...
FinTech

FinTech Insurgents? How Lending Club Is Working With Banks

by Jonathan Dyer 5
On the heels of being named one of Bloomberg Markets' 50 Most Influential figures, Lending Club CEO Renaud Laplanche recently appeared at the Bloomberg Markets' Most Influential Summit in New York. There, he sat with Joe Weisenthal and Earthport CEO, Hank Uberoi, to talk about his company and the rising FinTech movement.Although the panel was titled "Banker Beware: Meet the FinTech Insurgents," Laplanche dispelled the notion that Lending Club is...
FinTech

Lending Club CEO Named to Bloomberg Most Influential List

by Jonathan Dyer 1
Bloomberg has just released their list of the 50 Most Influential figures for the fifth year in a row and Lending Club CEO Renaud Laplanche was named #28. Other big names on the list include Janet Yellen (#1), Elon Musk (#25), Jeff Bezos (#15), and even President Barack Obama (#6). The list itself is broken into six categories — Corporate Power Builders, Policy Shapers, Money Managers, Bankers, Tech Builders, and Thinkers...
FinTech

Peer to Peer Lending Review: What is It and How Do You Make It Work for You

by Jonathan Dyer 4
Lately there’s been a lot of talk about crowdfunding and sites like Kickstarter that have been used to fund independent films, tech gadgets, and even the return of Reading Rainbow. These sites collect donations towards a monetary goal in exchange for various incentives chosen by the project’s host. Similarly peer to peer lending matches up people seeking loans with people willing to give them. However instead of offering movie tickets...