BlackRock Bets Big on LendingClub
BlackRock, the world’s largest asset manager, is investing a whopping $1 billion in LendingClub, a California-based fintech company. LendingClub’s Big Win This massive investment will go towards LendingClub’s marketplace programs. LendingClub, based in San Francisco, offers various loan and deposit products. They cleverly acquired Radius Bank in 2020, becoming one of the first fintechs to…
