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The online lender, founded by former Lending Club chief Renaud Laplanche, doubled revenues last year
Rebranding as a ‘digital marketplace bank’ seems to be a counter-intuitively shrewd move
Shares soar after change helps company to lower funding costs and diversify products
The concept remains resilient. Whether a pure start-up can flourish is another matter
The crisis will squeeze earnings for online lenders, and big banks could be waiting to snap up some bargains
Industry faces threat of economic slowdown just as underwriting skills show improvement
Renaud Laplanche settles fraud charges with SEC
Crowdsourced funding offers a useful alternative to bank financing
Upgrade mostly arranges online loans for consumers to pay down credit card debt
Progress is coming slowly for the online lending pioneer
Proposals to limit online platforms to ‘sophisticated’ investors are an overreaction
Its accelerated growth rate is not fast enough to excuse the large cost base
FTC lawsuit sends shares in online lending platform to record low
Ousted Lending Club founder Renaud Laplanche returns to offer consumer lines of credit
Legal settlements arising out of governance scandal hit online lender
A model that promised to disrupt banking has disappointed as delinquencies mount
Investors are not quite so clear as to how the company is going to make money
Online lender cuts profit forecasts again at its inaugural investor day
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