Former Lending Club chief creates S.F. online venture Credify
Just months after being forced out as the chief executive officer of Lending Club, Renaud Laplanche is starting a new venture to lend money online. The company went public in late 2014, and by the end of 2015 it had originated over $15 billion in new loans, most of them to help people refinance their credit card debt. Lending Club’s stock plunged,...