Lendingclub Corporation
Location
California
Founded
2006-02-13
Website
Risk Signals
1292 news mentions monitored
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Personal Credit Institutions, Short-Term Business Credit Institutions, Except Agricultural, Business Services, Not Elsewhere Classified), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about Lendingclub Corporation
Live alerts from global media, monitored by Business Radar
2024-08-19 (ffnews.com)
The Fintech Industry Faces Job Losses Amid Cost-Cutting Measures
The financial-technology (fintech) industry, which has been rapidly growing in recent years, is now facing job losses as companies cut costs.
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2024-08-19 (ffnews.com)
The Fintech Industry Faces Job Losses Amid Cost-Cutting Measures
The financial-technology (fintech) industry, which has been rapidly growing in recent years, is now facing job losses as companies cut costs.
Read more
2024-08-12 (pymnts.com)
LendingClub Cutting 14% of Workforce as Interest Rates Pressure Marketplace
LendingClub is laying off 172 employees — about 14% of its workforce — to reduce costs and navigate the “challenging macroenvironment.” The move will
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2023-12-12 (americanbanker.com)
Major fintech layoffs in 2023
LendingClub, SoFi and Upstart were among those that wielded the ax.
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2023-10-12 (kfgo.com)
LendingClub reducing 14% of workforce to ease cost pressures
(Reuters) - LendingClub is cutting 172 jobs, or 14% of its workforce, the financial services company said on Thursday, as it looks to reduce costs amid continued macroeconomic uncertainty. The Federal Reserve's aggressive rate hikes to rope in stic...
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2023-01-13 (americanbanker.com)
LendingClub cuts 225 employees, including C-suite executive
The fintech is also relying more heavily on its bank charter as rising interest rates make selling loans to investors more challenging.
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2023-01-12 (reuters.com)
LendingClub cuts 14% workforce to pare costs
LendingClub Corp said on Thursday it has laid off 14% of its workforce, or 225 employees, joining several financial firms which cut costs as threats of a recession loom large.
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2023-01-12 (reuters.com)
LendingClub cuts 14% workforce to pare costs
LendingClub Corp said on Thursday it has laid off 14% of its workforce, or 225 employees, joining several financial firms which cut costs as threats of a recession loom large.
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2023-01-09 (bankingdive.com)
Steve Allocca named Funding Circle’s US managing director
Allocca, who will report to CEO Lisa Jacobs, was among the 460 employees let go when LendingClub cut 30% of its workforce after acquiring Radius Bank in April 2020.
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2023-01-09 (bankingdive.com)
Steve Allocca named Funding Circle’s US managing director
Allocca, who will report to CEO Lisa Jacobs, was among the 460 employees let go when LendingClub cut 30% of its workforce after acquiring Radius Bank in April 2020.
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2019-05-01 (sfchronicle.com)
Bird back in SF; LendingClub moves jobs; Anka bankruptcy; Zendesk shares
Bird is back While San Francisco allows only Skip and Scoot to operate electric scooter rentals,
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2016-06-28 (thestreet.com)
LendingClub 'Platform Investors' Are Slowly Returning Despite Recent Hiccups
LendingClub's shares jumped Tuesday after its annual shareholders meeting. The company said it cut 12% of its workforce due to lower loan volume, but sees investors slowly returning.
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