“Behind the boom in online lending: a tiny Utah bank. Utah-chartered WebBank, controlled by Warren Lichtenstein, has become a crucial and highly profitable cog in some of the largest marketplace-lending platforms, including LendingClub Corp LC -5.64%. and Prosper Marketplace Inc.” (WSJ)


The articles does not mention this:  San Bernardino shooter borrowed money from Utah’s WebBank. I had never heard of the bank until that incident, but apparently it is a significant player in the online lending world.

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