LendingClub, the largest lender to individual Americans is having a hard time weathering the crisis due to increase competition.
Analysts forecast that LendingClub Corp (NYSE:LC) will announce sales of $177.30 million for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for LendingClub’s earnings,
Media coverage about LendingClub (NYSE:LC) has been trending very negative recently, InfoTrie reports. The research group identifies negative and positive media coverage by monitoring more than 6,000

How to Invest Your Stimulus Check

06:36pm, Friday, 24'th Apr 2020
If you find yourself in the enviable position of being able to ponder how to invest your stimulus check, thank your lucky stars ... for plenty of reasons.As you're well aware by now, the $2 trillion C
Equities analysts predict that LendingClub Corp (NYSE:LC) will announce earnings of ($0.04) per share for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for
The company cited the COVID-19 pandemic's "unprecedented effect," as well a drop-off in investor demand for the personal loans the company specializes in.
Yesterday, Crowdfund Insider covered the news that LendingClub (NYSE:LC), the largest Fintech consumer lender in the US, was furloughing and eliminating jobs du
Even Financial, a Fintech that helps to match loans to borrowers, has acquired LeapLife - an Insurtech platform - in a move to add more services. Terms of the deal were not disclosed. According to a c

6 Real Ways to Save on Your Car Costs

03:00pm, Wednesday, 22'nd Apr 2020
Owning a car can easily costs thousands of dollars a year. But these tools can slash the ongoing expenses a vehicle brings.
Even Financial (Even), the leading API for financial services search, acquisition, and monetization, announced today that it will be launching services for the insurance industry through the acquisiti
LendingClub Corp., a San Francisco-based online loan marketplace, will lay off 460 employees, about one-third of its workforce, due to COVID-19 related impact on credit markets and investor appetite f

Wall Street Breakfast: Stocks Attempt Rebound

10:57am, Wednesday, 22'nd Apr 2020
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. S&P 500 futures c

LendingClub cuts workforce as Covid-19 hits hard

10:07am, Wednesday, 22'nd Apr 2020
LendingClub has made its president Steven Allocca redundant and will cut its workforce as part of a restructuring plan after Covid-19 has hit its loan originations. The board of the US peer-to-peer le
Aimed at repositioning expense base due to impact from COVID-19, LendingClub (NYSE:LC)  approves workforce reductions of ~460 employees.Expects to incur pre-tax restructuring and related charges o
The online lender, reeling from the economic fallout of the coronavirus pandemic, also said it is cutting senior executives' salaries by 25%.
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