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Apr. 21, 2020

LendingClub Cutting 460 Staff in Response to Reduced Loan Volume

Back in October last year LendingClub executives ran an exercise where they had to game plan how the company would...
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May. 3, 2016

Prosper Lays Off 28% of its Workforce and Closes Salt Lake City Office

May 3 will go down as a dark day in the history of this industry. First, we had OnDeck’s stock...
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Aug. 18, 2016

A Bad Quarter for Prosper and Avant Parts Ways With 30% of its Workforce

Two of the leading marketplace lending platforms reported some more bad news this week as the industry continues to struggle...
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