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LendingRobot Announces New Product For Advisors
Thursday, October 13, 2016 - 11:13am | 457Read More...LendingRobot is an automated investment tool that lets users participate in peer-to-peer lending. According to Tech Crunch, the company's platform uses a high-speed automation software and machine-learning algorithm that automate the lending process and can finalize a transaction in less than one...
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Is LendingClub Ruining Fintech's Future?
Saturday, May 21, 2016 - 4:28pm | 278Read More...Peer-to-peer lending was supposed to be a major theme in how individuals borrow money, while also presenting a compelling investment case to investors. However, the recent woes at LendingClub Corp (NYSE: LC) may have ultimately killed the relatively new segment's future following the sudden...
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LendingClub Plunges Another 12% Amid Dept. Of Justice Subpoena
Tuesday, May 17, 2016 - 7:59am | 256Read More...Shares of LendingClub Corp (NYSE: LC) were trading lower by 12 percent early Tuesday morning, essentially erasing Monday's 12 percent gain after the company confirmed in a regulatory filing that it received a grand jury subpoena from the U.S. Department of Justice. LendingClub dominated...
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Are Changes Coming To The P2P Lending Model?
Tuesday, September 29, 2015 - 4:20pm | 554Read More...Shares of LendingClub Corp (NYSE: LC) have lost nearly 50 percent year-to-date. The company's CEO continues to maintain a view that its peer-to-peer lending structure hasn't been impacted by the Madden v. Midland case. Michael Tarkan of Compass Point Research maintained a Sell rating and $12 price...
