Understanding Renaud Laplanche’s next Upgraded act [TechCrunch Blog]
LendingClub Corporation (LC)
Last lendingclub corporation earnings: 2/18 04:06 pm
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ir.lendingclub.com
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Source: TechCrunch Blog
Following a decade running LendingClub, Laplanche uses lessons learned for his next startup Renaud Laplanche spent ten years building LendingClub. In the process, he created an industry from scratch. Circumventing conventional banking channels for consumer credit began in 1996 when Chris Larsen started E-LOAN , which ultimately led to Prosper Marketplace . But LendingClub, which Laplanche founded in 2007, was and remains the poster child for the business of marketplace lending. The industry’s short history has been volatile, characterized by both triumphant hype and utter lack of confidence . History of the Marketplace Lending Industry, CB Insights While LendingClub has struggled in the public markets since their late 2014 IPO , they have managed to propel their industry into significance, while rapidly expanding their share of the personal loan market to 10% . After his well-publicized departure in May 2016, Laplanche got started on his next venture in
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News
- Peer-to-Peer Lending Market Surges to US$ 1709.6 Billion by 2034, Driven by Growing Demand and Reduced Operating Costs | Future Market Insights, Inc. [Yahoo! Finance]Yahoo! Finance
- 4 Warning Signs You're Not Prepared for Unexpected Medical Expenses [Yahoo! Finance]Yahoo! Finance
- This couple makes $139K/year yet they're drowning in debt and can barely make ends meet. Ramit Sethi weighs in [Yahoo! Finance]Yahoo! Finance
- LendingClub Schedules First Quarter 2024 Earnings Release and Conference Call [Yahoo! Finance]Yahoo! Finance
- LendingClub Schedules First Quarter 2024 Earnings Release and Conference CallPR Newswire
LC
Earnings
- 1/30/24 - Beat
LC
Sec Filings
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- 4/11/24 - Form PRE
- LC's page on the SEC website