As Trouble Piles Up, Online Lenders Pull Back

by | May 9, 2016 | Press

Although few months for online lenders got even more difficult Monday with the resignation of one of the industry’s leading figures, a development that adds to already considerable uncertainty for the business. Lending Club, the San Francisco firm that’s...

Lending Club Looks to Cope with Challenge

by | May 8, 2016 | Press

Financial Times by Ben McLannahan (May 8, 2016) Series of grim results from peers in online lending industry It is hard to imagine a less hospitable environment for Lending Club to present its first-quarter earnings on Monday. Last week saw a succession of grim...

Marketplace Lenders: Old Hands in New Market

by | May 6, 2016 | Press

Euromoney by Christopher Hunt (May 6, 2016) …Other more familiar names from the financial crisis are also active in marketplace lending. Ex-Citi CEO Vikram Pandit has invested in CommonBond, Orchard Platform and PeerIQ, while former Morgan Stanley CEO John...

SoFi offers equity to tempt new partners

by | May 2, 2016 | Press

Financial Times by Ben McLannahan (May 2, 2016) Online lending group SoFi is offering institutional investors slices of its equity in exchange for commitments to buy loans, as it tries to lock down secure sources of funds. The new equity round, which could come close...

Podcast Transcription Session 63: Ram Ahluwalia

by | Apr 29, 2016 | Press

Lend Academy by Peter Renton (April 29, 2016) Welcome to Lend Academy Podcast, Episode No. 63. This is your host, Peter Renton, Founder of Lend Academy. (music) Peter Renton: Today on the show, I am delighted to welcome Ram Ahluwalia. He is the CEO and Founder of...