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LendingClub Corporation is an American financial services company headquartered in San Francisco, California. [6] It was the first peer-to-peer lender to register its offerings as securities with the Securities and Exchange Commission (SEC), and to offer loan trading on a secondary market.
LendingClub’s LevelUp Savings account, which launched Aug. 21, is a high-yield savings account that offers a competitive yield of 5.30 percent APY — but to qualify for that APY, you must ...
Renaud Laplanche (born 1970) is a French-American entrepreneur and business executive.He is the co-founder and CEO of the fintech company, Upgrade, Inc. [1] Prior to founding the company, Laplanche co-founded and served as the CEO of Lending Club, an American peer-to-peer lending company, for a decade.
APY. 0.10%. Monthly fees. None. Minimum starting balance. $500 or $1,000 (depending on term) More Information About LendingClub CDs. CDs differ from standard savings accounts in a couple of ways:
Upgrade was founded by Renaud Laplanche, founder and former CEO of LendingClub, and other former colleagues from Lending Club in August 2016. [16] [17] The company began offering loans in April 2017 [18] and raised $60 million Series A funding round. [19] [20] [21]
SoFi began in 2011 as a student-focused lender but has since expanded to offer personal loans and other banking services. LendingClub was founded in 2006 as a peer-to-peer lending platform.
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