The website for LendingClub went down for roughly 4:30 p.m. PST, causing concern for investors given the recent internal probe, which resulted in the ousting of the company's CEO. One investor tweeted that “As a long time investor there I am worried that they have closed down…” however LendingClub responded quickly stating that it was resolving a power outage in a data centre. The website is now back up and running.
The website for LendingClub went down for a few hours last night, causing concern for investors given the recent internal probe, which resulted in the ousting of the company's CEO. One investor tweeted that “As a long time investor there I am worried that they have closed down…” however LendingClub responded quickly stating that it was resolving a power outage in a data centre. The website is now back up and running.