LendingClub: An update on the continuing saga of LendingClub. While there have been multiple reports of investors pausing loan purchase and the tanking share price, a Singapore investment group stepped in and bought a nearly 12% stake in the company, with call options for another 6%. The share price has since been stable in the $4 range… Read More

As we approach summer, temperatures and controversy are heating up in the fintech world. This week has been exceptional in the amount of breaking news – starting with the resignation/termination of LendingClub’s CEO on Monday.   I won’t repeat in detail the many articles you have probably already read. The two main parts of the… Read More