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for the "Lending Club" Category



Posted by Rob Garcia, Sep 3

Vote for LendingClub’s PanelPicker Ideas!

At Lending Club, we are ecstatic about the possibilities of participating in the upcoming South by Southwest Interactive 2010 conference in Austin (SXSW).

We are planning to host 2 power-packed sessions and ask for your vote via the crowdsourced 2010 SXSW PanelPicker to ensure these 2 fantastic panels make it to the final program:

Session 1: Banking 2.0: Financial Services Driven by People & Emerging Technologies

We’ll be talking about the many changes in the Banking industry brought by the emergence of people and technology-driven financial products: personal finance management, p2p lending, microfinance, credit score tracking, stock picking communities, mobile banking, and more.

We have assembled an all-star team so far (all confirmed):

Aaron Patzer, CEO of Mint.com
Arkadi Kuhlman, CEO of INGDirect
Ken Lin, CEO of CreditKarma
Marc Hedlud, Co-founder of Wesabe
Mike Ferrari, Co-founder of SmartyPig
And yours truly, Rob Garcia, Director of Product Strategy at Lending Club

We have also contacted our friends at USAA, WeSeed, Billeo, Obopay, Zecco and Geezeo to join us. With so many great names, we may need to do more than 1 session!

Session 2: The rise of P2P Lending & Microlending in the US

In this panel, we’ll discuss how P2P Lending and Microfinance are becoming the smart and obvious choices to finance and invest in fellow Americans. We have extended invitations to Kiva, Microplace, ACCION USA and several other organizations that will make this panel a must-see.

Voting ends this Friday, September 4 at 11:59 CST. Thanks in advance for your support. Vote, vote, vote!

@RobGarciaSJ


Posted by Sam Kasle, Aug 21

Yesterday over 300 investors took part in our first ever “Beat the Average” webinar. Scott Langmack, the webinar’s guest star, has invested over half of million dollars and his entire IRA into Lending Club. Scott’s Lending Club notes are averaging over 12.5% returns since 2008. Lending Club notes are offered by prospectus filed with the SEC.

During the presentation and Q&A session Scott shares his research, insight, as well as his “4 Keys to Maximizing Returns.”

View Replay

For more information on Scott Langmack please visit

www.peerlendingwealth.com

Enjoy,
Sam


Posted by Rob Garcia, Apr 14

Today, we’re honored and excited to again be recognized by the Webby Awards and accept

  • an Official Honoree designation in the Banking/Bill Paying category
  • a nomination in the Financial Services category. This year's polls just opened up and are only open until the end of the month (April 30th), so please cast your vote. We need your support! Please help us add another one to last year's win (pictured below).

Lending Club 2008 Webby


Posted by Renaud Laplanche, Oct 24

We are happy to report that our offering was cleared by the State of New Hampshire yesterday morning. Lenders who are New Hampshire residents can now buy notes from Lending Club. We have set up a big map in our office that shows weekly progress as state approvals trickle in - here is the smaller version of it:

State approvals as of 2008-10-23

Other states already cleared include Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Louisiana, Minnesota, Mississippi, Montana, Nevada, New York, Rhode Island, South Dakota, Utah, West Virginia, Wisconsin and Wyoming. We are hoping to keep adding a few states each week for the next few weeks as we get clearance from state authorities, and will post regular updates and notify members directly as the list grows longer.

Keep in mind that state limitations do not apply to the Note Trading Platform operated by FOLIOfn, and all lenders can buy or sell Notes among themselves irrespective of their state of residence.

The Notes are offered by Prospectus.


Posted by Scott Reynolds, Oct 21

For some of the latest details on Lending Club including on the reactivated growth we’ve seen since reopening our platform last week (offering Notes by Prospectus), and thoughts on how our new secondary market now empowers people with even more ways to do things that previously only banks and other corporate financial entities could do, check out recent discussions Renaud’s had with Yahoo! Finance, The Wall Street Journal, NuWire Investor and Fox Business.

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