Last month we learned about the new $30 million investment received by Upgrade from the Portuguese digital bank Banco BNI...
While the personal loan has been around for centuries and the credit card has been around for decades they have...
While giving a keynote speech at LendIt Europe 2017 Upgrade CEO Renaud Laplanche laid out his three biggest predictions for the near future; the growth of online lending will accelerate in the next 15 months, a meaningful secondary market will develop and rebundling will give birth to one major consumer product innovation in the next 15 months. Source.
SuperMoney reviews the new US consumer lending platform founded by Renaud Laplanche; firm is an online lender focused on personal loans, also offering consumer credit monitoring and education for its customers with benefits for high quality borrowers; SuperMoney outlines the platform's underwriting standards, application process, and pros and cons versus competitors. Source
In his first public appearance in over a year Renaud Laplanche, the CEO of Upgrade, gave a presentation this past...
In his interview with AltFi, Laplanche reflects on his experience at LendingClub and how that has helped him shape his...
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's new consumer lending platform, Upgrade, has announced a new executive hire; John Dye will be joining the executive team as general counsel; John brings experience from Western Union and has also worked at Freddie Mac, Citigroup and Salomon Smith Barney; John Dye will support the firm's legal, compliance and regulatory operations; he is joined by Louis Shansky who has also been hired as deputy counsel. Source
Renaud will kick off day two of LendIt Europe with a keynote speech discussing online lending 2.0 as well as the US online lending industry and its role within fintech overall; Laplanche is currently the CEO of newly founded US consumer lending platform Upgrade; the platform raised $60 million from a Series A fundraising and launched in April 2017. Source
Online lender Upgrade is opening an office in Phoenix; founded by former Lending Club CEO Renaud Laplanche, the firm launched in April with a fundraising of $60 million; the Phoenix office will be its first expansion from its San Francisco headquarters and the firm plans to hire 100 employees this year. Source