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...Lending Club, the first company Renaud Laplanche founded, way back in 2006, has recently undergone a transformation....
...Renaud Laplanche, chief executive of Upgrade, the fintech lender that tops the latest FT-Statista ranking of the Americas’ 500 fastest-growing companies, credits product innovation and being consumer-friendly...
...Fintech takes prize as fastest-growing company in the Americas: Upgrade, the marketplace lender led by Lending Club co-founder Renaud Laplanche, has topped the annual FT-Statista list of the fastest growing...
...Later, he provided early backing to new start-ups founded by Mike Cagney and Renaud Laplanche, two fintech executives who had left their previous positions following public controversies....
...Renaud Laplanche, the fintech pioneer who built Lending Club into America’s biggest provider of unsecured consumer loans, has achieved a $500m valuation for his follow-up venture, Upgrade....
...Renaud Laplanche, chief executive of the lender and card issuer Upgrade, told the FT that “delinquency rates are down across the board.”...
...Further fintech fascination Follow the money: Renaud Laplanche has his second unicorn, writes Robert Armstrong....
...Renaud Laplanche, a pioneer of the online lending industry in the US, has been banned from the securities industry as part of a settlement with the US Securities and Exchange Commission....
...The industry took a hard shot to its reputation in 2016 when the founder and chief executive of Lending Club, Renaud Laplanche, was pushed out over loan sales that violated company policies....
...Renaud Laplanche, the fintech pioneer who took a bite out of big banks’ credit card balances through his online lending venture Lending Club, is opening up a new line of attack on the industry....
FTC lawsuit sends shares in online lending platform to record low
...Fraud charges Renaud Laplanche, a pioneer of the online lending industry in the US, has been banned from the securities industry as part of a settlement with the US Securities and Exchange Commission....
...Big-name departures at the time of the scandal included Renaud Laplanche, the founder, chairman and chief executive....
...Further fintech fascination Valuation upgrade Lending Club founder Renaud Laplanche is off to a flying start with his new venture Upgrade, which is now valued at $500m after a $62m equity raise last week...
...Renaud Laplanche, the former Lending Club chief ousted over a governance scandal last year, is stepping up lending at his new venture, determined to re-impose himself on the market for refinancing more than...
...Investors’ current funk is nothing to do with the past manipulation of loan data or the abrupt departure of founder Renaud Laplanche....
...That episode — which led to the departure of Renaud Laplanche, the company’s founder, chairman and chief executive, and several of his top lieutenants — prompted various regulatory probes, including one...
...Investors lost confidence in founder Renaud Laplanche after allegations emerged that loans with doctored dates had been sold to investment bank Jefferies and that Mr Laplanche’s family had taken out loans...
...Lending Club’s fall from grace, triggering a similar share price slump, was more dramatic still, with founder and former boss Renaud Laplanche ousted in 2016 after a row over undisclosed conflicts of interest...
...It has also worked to shore up confidence after a number of governance glitches that resulted in former chief executive Renaud Laplanche’s exit....
...Renaud Laplanche, founder and former chief executive of Lending Club, stood down last May after a governance scandal....
...The market capitalisation of upstart Lending Club, however, has collapsed from 2014 highs of more than $10bn to $2.3bn after a governance scandal erupted last year that forced out its founder Renaud Laplanche...
...Its chief executive, Renaud Laplanche, also had to scarper off. He has since done well at a new venture appropriately named Upgrade. His old company, alas, has not done so well....
...For Lending Club, still trying to recover from last year’s crisis over its selling practices that led to the departure of its founder and chief executive Renaud Laplanche, this can be spun easily as good...
...On top of all that, Lending Club was hurt by a series of governance glitches, disclosed last May, which cost the jobs of Renaud Laplanche, chairman and chief executive, along with several of his lieutenants...
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