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The Google ads ban does not affect players like LendingClub/SoFi/Avant since they are long term loans with interest rates similar to credit cards.
by nuand 10y ago
The Google ads ban does not affect players like LendingClub/SoFi/Avant since they are long term loans with interest rates similar to credit cards.
- manav 10y agoTrue, I grouped them together since they are both semi unregulated alternative lenders. Google also had a stake/partnership with LendingClub.
- jeffjose 10y agoCan you cite that claim of Google has a stake/partnership with LendingClub?
- oarsinsync 10y agoGoogle Buys Stake in LendingClub Startup Valued at $1.55 Billion (2013) http://www.bloomberg.com/news/articles/2013-05-02/google-buys-stake-in-lendingclub-startup-valued-at-1-55-billion http://www.bloomberg.com/news/articles/2013-05-02/google-buy... Google in peer-to-peer lending venture (2015) http://www.ft.com/cms/s/0/fe0e1ca4-9cc3-11e4-a730-00144feabdc0.html#axzz48uPxBVEt http://www.ft.com/cms/s/0/fe0e1ca4-9cc3-11e4-a730-00144feabd... A Google search for 'google stake LendingClub' will reveal more.
- greesil 10y agoAre you too lazy to use the Google?