One of the true pioneers of the fintech space joins us for the show today. This is someone who has...
Business Insider interviewed Renaud Laplanche last week at LendIt Europe; on his exit from Lending Club, Laplanche stated, “It was very, very frustrating. I'm not commenting on the story, but the best way to actually understand what really happened is to read the filings. I think the press made it sound a lot worse, a lot more sensational, than it really was.”; he is taking what he learned from building Lending Club and applying it to his new company Upgrade; Laplanche stated that he hopes to launch a new product each year with possible expansion into mortgages, auto loans, credit cards, home equity and lines of credit. Source
Renaud Laplanche has announced the launch of a new online consumer lending platform called Upgrade; the firm's investors include Apoletto, CreditEase, FirstMark Capital, Noah Holdings, Ribbit Capital, Sands Capital Ventures, Silicon Valley Bank, Union Square Ventures, Uprising and Vy Capital; the firm will partner with WebBank for loan originations and plans to sell its loans to institutional investors; it is working with Jefferies on its capital markets strategy and a loan securitization program; the firm also has plans to use blockchain for data management and transactions. Source
In a wide ranging interview with Crowdfund Insider, Upgrade CEO and Co-founder Renaud Laplanche discusses what makes his company unique...
Renaud Laplanche launched his new online lending firm at the beginning of April; Upgrade raised $60 million for its launch and is reportedly valued at $168 million; the company will compete directly with many unsecured consumer lenders offering loans from $2,000 to $50,000; a key part of the offering will be a mobile app to help borrowers manage their finances which has yet to be released. Source
In this week’s PeerIQ Industry Update they cover the uncertainty from the recent Fed meeting about whether or not there...
Just before Christmas last year I went to San Francisco to sit down for a chat with former Lending Club...
Fresh off a new funding round that put Upgrade in unicorn status, CEO and Co-founder, Renaud Laplanche talked with Crowdfund...
In his first public appearance in over a year Renaud Laplanche, the CEO of Upgrade, gave a presentation this past...
While the personal loan has been around for centuries and the credit card has been around for decades they have...