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LendingClub Launches Home Improvement Financing; Begins Underwriting and Originating Loans Through Inaugural Partnership with Wisetack

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SAN FRANCISCO, April 27, 2026 /PRNewswire/ — LendingClub Corporation (NYSE: LC) today announced it has started underwriting and originating home improvement loans through its inaugural partnership with Wisetack, a platform embedded with over 40,000 contractors and growing.

LendingClub brings its expertise, proprietary credit models, and bank balance sheet directly to the point of sale for consumers seeking convenient and affordable financing for home improvement projects.

“We’re excited to begin originating loans within the $500 billion home improvement market, where we have distinct advantages over incumbents and a meaningful opportunity for growth,” said Steve Mattics, Chief Lending Officer at LendingClub. “This space is distinctly on brand for us. By combining our advanced underwriting and credit decisioning with Wisetack’s embedded platform, we’re able to clear the way for people to make meaningful home improvement projects happen while also helping contractors grow their own businesses. It’s the type of win-win we’re always striving for.”

Through the Wisetack platform, loans up to $65,000 are originated by LendingClub and offered seamlessly within contractor and merchant workflows. LendingClub’s underwriting system, which is informed by more than 150 billion cells of proprietary data, enables real-time credit decisions and supports access to larger loan amounts with transparent terms. The benefits of the partnership are clear:

Homeowners get instant offers and real-time approvals that allow them to make their projects happen, andContractors get immediate funding and better close rates, especially on larger projects.

“LendingClub’s move to originate loans strengthens the financing experience across our platform, helping more contractors offer flexible payment options that enable homeowners to move forward with larger projects,” said Bobby Tzekin, Founder and CEO of Wisetack.

Reinforced by LendingClub’s investment in Wisetack, both companies plan to continue scaling the partnership, expanding the range of LendingClub-originated financing solutions available across the platform.

“We’ve been really impressed with Wisetack’s team and platform,” said Scott Sanborn, LendingClub CEO, “so impressed that we have also made an investment in the company to help accelerate our future together.”

The U.S. home improvement market represents an estimated $500 billion in annual spending, driven by aging housing inventory and a continued preference among homeowners to renovate rather than relocate. LendingClub’s expansion into the home improvement financing vertical is a natural extension of its point-of-sale financing expertise. This represents a powerful new opportunity to attract, delight, and engage consumers in moments that matter – and represents a perfect example of how LendingClub’s members use credit responsibly to make it happen.

About LendingClub

LendingClub Bank (soon to be Happen Bank) is a digital bank built for the Motivated Middle: high-FICO, high-income, digitally savvy consumers actively managing their financial lives. Our difference? We make it easy for them to access award-winning products that help them keep more of what they earn and earn more on what they save. Our products are aligned by design to reward our five million members when they take positive financial steps, like saving regularly or making loan payments on time.

Our success is fueled by our advanced credit underwriting, a proprietary technology platform engineered for innovation, and a marketplace bank model that drives value for members, loan investors, and shareholders alike. The result is affordable credit, meaningful value, and a trusted banking relationship delivered consistently and profitably at scale.

As we look to our next chapter, we’re choosing a name that reflects why we exist: to clear the way for our members to make it happen. Learn more at https://www.meethappen.com.

LendingClub Corporation (NYSE: LC) is the parent company and operator of LendingClub Bank, National Association, Member FDIC. Loans originated pursuant to the partnership with Wisetack are underwritten and originated by LendingClub Bank. For more information about LendingClub, visit https://www.lendingclub.com.

About Wisetack

Wisetack is the leading embedded platform for consumer financing for home services and home improvement, with presence in other verticals such as elective medical and car repair. Wisetack partners with software companies to embed consumer financing options into their customer-facing applications through simple APIs. Wisetack’s extensive network of merchants rely on Wisetack to offer their customers affordable pay-over-time options at point of sale.

Founded in 2018 in San Francisco by an experienced team of leaders in the financial technology industry, Wisetack is backed by leading VCs such as Greylock Partners, Quadrille Capital, Insight Partners, and Bain Capital Ventures. Payment options through Wisetack are provided by its lending partners and subject to credit approval. Terms may vary.

Safe Harbor Statement

Some of the statements in this press release, including statements regarding the growth and benefits of our partnership with Wisetack, are “forward-looking statements.” Words such as “plan”, “delivers” and similar expressions may identify forward-looking statements, although not all forward-looking statements may contain these identifying words. Factors that could cause actual results to differ materially from those contemplated by these forward-looking statements include: our ability to develop and operate a compelling offering in the home improvement lending space, macroeconomic conditions, loan demand and performance, and those factors set forth in the section titled “Risk Factors” in LendingClub Corporation’s most recent Annual Report on Form 10-K, as filed with the Securities and Exchange Commission, as well as in its subsequent filings with the Securities and Exchange Commission. Actual results or events could differ materially from the plans, intentions and expectations disclosed in forward-looking statements, and you should not place undue reliance on forward-looking statements. We do not assume any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

CONTACTS:

LendingClub
Media Contact: Press@lendingclub.com
For Investors: IR@lendingclub.com

Wisetack
Media Contact: Press@wisetack.com

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SOURCE LendingClub Corporation

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DIGITIMES Intelligence: Chip Controls Are Reshaping China’s Auto Supply Chain — BYD Shows What Comes Next

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TAIPEI, Sept. 7, 2026 /PRNewswire/ — The global automotive industry is entering a new phase in which semiconductors are becoming as strategically important as batteries, motors and manufacturing scale. As vehicles evolve into software-defined, AI-enabled platforms, chips increasingly determine everything from power management and cockpit functions to advanced driver-assistance systems. At the same time, geopolitical tensions and technology restrictions are pushing automakers to rethink where those chips come from — turning semiconductor supply into a strategic issue for the global auto industry.

China sits at the center of that shift. U.S. and allied export controls introduced since 2022 were designed primarily to restrict China’s access to advanced semiconductor technologies and manufacturing equipment. Yet the restrictions have also added urgency to Beijing’s long-running localization strategy. A March 2026 analysis by the Center for Strategic and International Studies (CSIS) found that the controls have accelerated the adoption of domestic chips and equipment, while strengthening coordinated efforts across government and industry to localize semiconductor design and manufacturing.

The automotive sector is becoming one of the clearest testing grounds for that strategy. Chinese automakers are accelerating efforts to increase domestic chip sourcing as Beijing pushes for greater semiconductor self-reliance across strategic industries. The shift is especially significant because modern electric and intelligent vehicles depend on a broad range of semiconductors — from mature-node power devices and microcontrollers to increasingly sophisticated computing chips for smart-driving systems.

Against this backdrop, a new DIGITIMES Intelligence report identifies BYD as a particularly revealing case of what happens when policy-driven localization meets years of prior corporate investment. Unlike automakers that are only now accelerating their semiconductor strategies, BYD began building in-house chip capabilities more than two decades ago, initially focusing on power-control semiconductors needed for electric vehicles.

That strategy has steadily moved up the semiconductor value chain. BYD’s early work in IGBT and silicon carbide (SiC) power devices helped secure critical electronic-control components for its EV business. Its semiconductor roadmap has since expanded toward higher-compute smart-driving SoCs, culminating in the Xuanji A3, which the DIGITIMES Intelligence report identifies as entering scaled production on a 4nm automotive-grade process.

The difference is not simply chip design. DIGITIMES Intelligence finds that BYD has spent more than two decades building an integrated device manufacturer (IDM) model spanning chip design, wafer fabrication and mass-production deployment, supported by multiple in-house fabs and a dedicated semiconductor engineering organization. That vertical integration gives BYD a different starting point from automakers now entering custom silicon primarily in response to supply-chain pressure.

The strategic value of that investment may ultimately extend beyond cars. DIGITIMES senior analyst Jessie Lin notes that intelligent vehicles and humanoid robots share many of the same foundational technologies, including AI processors, sensors, motors, batteries and control systems. BYD’s accumulated expertise in smart-driving silicon and algorithms could therefore provide a foundation for expansion into robotics and other physical AI applications.

That possibility is becoming more relevant as China accelerates its push into embodied and physical AI. At the 2026 World Robot Conference in Beijing, more than 300 companies showcased over 2,000 robotics exhibits, with humanoid robots increasingly demonstrated in manufacturing, logistics and household applications rather than simply as prototypes. The growing overlap between China’s EV and robotics ecosystems could make capabilities in batteries, motors, sensors, manufacturing and AI increasingly transferable across the two industries.

BYD’s trajectory also illustrates why the long-term impact of semiconductor export controls is difficult to assess in simple terms. Restrictions can constrain access to frontier technology in the short term, while simultaneously strengthening incentives for domestic substitution and investment. CSIS has argued that although export controls have limited China’s access to some leading-edge technologies, they have also added momentum to domestic semiconductor innovation and localization.

The implications extend beyond BYD or even China’s auto industry. As cars become more dependent on advanced computing, semiconductor capability is increasingly becoming part of automakers’ competitive strategy — alongside software, batteries, manufacturing and supply-chain resilience. The rise of vertically integrated players such as BYD could therefore reshape not only automotive semiconductor sourcing, but also the boundaries between automakers, chipmakers and emerging physical AI companies.

The new DIGITIMES Intelligence report examines BYD’s semiconductor evolution from power devices and SiC to smart-driving SoCs, the structural advantages created by its IDM model, and how those capabilities could position the company as China’s automotive semiconductor localization accelerates and physical AI emerges as a new growth frontier.

For more information: DIGITIMES Intelligence – BYD Semiconductor Report
https://dgt.ms/reportBYDchips_prnewswire

About DIGITIMES

DIGITIMES is a Decision Intelligence platform rooted at the core of the industry, dedicated to helping global decision–makers navigate change and formulate strategies through first–hand insights and AI–driven analysis. We integrate intelligence services, forward–looking research, and influence marketing to provide comprehensive support from insights to execution—continuously defining the future with clarity and serving as a long–term strategic partner for businesses moving forward.

View original content:https://www.prnewswire.com/news-releases/digitimes-intelligence-chip-controls-are-reshaping-chinas-auto-supply-chain–byd-shows-what-comes-next-302871068.html

SOURCE DIGITIMES

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AI, Connectivity and What Comes Next: Inside Asia Innovation Summit 2026

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SINGAPORE, Sept. 7, 2026 /PRNewswire/ — Globe Teleservices (GTS), a global telecom solutions provider, hosted the Asia Innovation Summit 2026 on 20 August in Singapore, bringing together 50+ industry leaders from 30+ companies across MNOs, technology providers and enterprise ecosystems to discuss the forces reshaping digital communications.

The expert-led panels focused on the key shifts reshaping digital communications, including the convergence of telecom, cloud and OTT, and the rise of Agentic AI in business messaging. Speakers explored the move from campaign-led communication to continuous, intelligent and context-driven interactions, with identity and consent becoming critical to trusted engagement.

The Summit also addressed the changing economics of A2P SMS, as the industry moves from volume-led models towards subscriber engagement, sustainable value and measurable outcomes. Together, the sessions pointed to a clear shift in communication – from delivering messages at scale to creating greater value from every interaction

“Telecom and digital communications are entering a new phase, driven by AI, Network APIs and evolving communication models. The Asia Innovation Summit has become a platform for industry leaders to share perspectives, exchange ideas and collaborate on the opportunities shaping this next phase.” said Ashutosh Agrawal, Group CEO, Globe Teleservices.

With diverse perspectives spanning telecom, technology and enterprise ecosystems, Asia Innovation Summit 2026 reinforced the importance of collaboration in shaping the future of digital communications. The summit served as a forum to share industry insights and identify new opportunities for innovation across Asia and beyond.

About Globe Teleservices

Globe Teleservices Pte. Ltd. is a Singapore-based global telecom solutions provider with a presence across Malaysia, USA, Dubai, Tanzania, Ghana, India and Hong Kong. GTS provides next-gen solutions in A2P monetization, omnichannel messaging, anti-fraud and cloud services. GTS is a member of MEF, GSMA and GLF. Its recognitions include Singapore’s Fastest Growing Companies 2026, 2025 and 2024, AI Initiative of the Year – Malaysia & Telecom Technology Solutions Provider of the Year – Malaysia at the Asian Telecom Awards 2026.

 

 

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/ai-connectivity-and-what-comes-next-inside-asia-innovation-summit-2026-302871082.html

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AIA Australia, Long Service Corporation, New Zealand Police and RMBL Investments Named 2026 Appian APJ Innovation Award Winners

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Four organisations recognised for transforming mission-critical operations through process and AI

SYDNEY, Sept. 7, 2026 /PRNewswire/ — Appian [Nasdaq: APPN] today announced AIA Australia, Long Service Corporation New South Wales (NSW), New Zealand Police and RMBL Investments as the winners of its 2026 Asia Pacific and Japan Innovation Awards. The Innovation Awards celebrate customers driving AI automation and process transformation with measurable results on the Appian Platform.

The entrants span financial services, government, public safety, land administration and worker entitlements. The four Australian and New Zealand organisations were recognised for leveraging the Appian Platform to accelerate insurance claims, administer portable long service leave at scale, transform non-emergency police case management, and support the growth of investment and lending operations. They demonstrate how organisations can redesign complex processes, connect fragmented data and apply AI to deliver measurable improvements for employees, customers and communities.

“Real innovation earns its place in an organisation by making critical work faster, simpler and more accountable,” said Charlie Hutchinson, SVP Asia Pacific and Japan at Appian. “This year’s winners have moved beyond incremental improvements to redesign the processes at the heart of their operations. They demonstrate the measurable impact that process and AI can deliver when applied to work that really matters.”

The 2026 Appian APJ Innovation Award winners are:

AIA Australia

AIA Australia, a leading life and health insurer that protects the lives of more than 3 million Australians, is transforming claims management through a digital-first approach that makes the claims experience simpler, more transparent and easier to navigate.

Leveraging the Appian platform, AIA has created a connected ecosystem that streamlines interactions between customers, fund partners and claims teams, enabling greater efficiency and more personalised support for its customers when they need it most.

By innovating across the end-to-end claims journey, AIA is strengthening its ability to deliver timely assistance at critical moments while establishing a foundation for ongoing innovation and future growth.

Long Service Corporation (LSC) NSW

Long Service Corporation, working with Deloitte, built a digital application on Appian to administer the NSW Community Services Industry portable long service leave scheme.

The application connects workers, employers and Long Service Corporation through dedicated digital portals supporting registration, identity verification, worker nominations, service returns, payments and notifications. By bringing these functions together in one platform, the application enables Long Service Corporation to administer the scheme more efficiently and at scale. Since its launch in April 2026, more than 2,200 employers have submitted over 8,800 service returns and more than 220,000 workers have been nominated into the scheme. The platform has also processed more than $110 million in levy payments to fund workers’ portable long service leave entitlements.

New Zealand Police

New Zealand Police built a nationwide case management system on Appian for its 105 non-emergency service, replacing separate regional processes previously managed through Microsoft Outlook and shared folders.

The Appian Platform centralises incoming emails and case information, applies 35,000 assignment rules and intelligently directs cases according to factors including offence type and location. The solution has reduced case processing time from up to two weeks to four hours, cut backlogs from approximately 4,000 cases to fewer than 50 during most shifts and saved 18,000 hours annually in email management. It has also enabled the equivalent of at least 10 full-time employees to move from administrative triage into higher-value frontline support.

RMBL Investments

RMBL Investments, working with Persistent, has used the Appian Platform to connect its investor, borrower, introducer and employee operations.

The Appian environment spans customer self-service, investment and loan applications, portfolio management, servicing, communications, IT service management, document generation and AI-enabled processes. It now supports more than 5,000 clients and approximately A$3 billion in funds under management. The multi-year transformation has helped streamline operations, with efficiency improvements of up to 72% in some areas, giving RMBL greater capacity to grow without manual effort increasing at the same pace.

About Appian

Appian provides AI automation for the most important business processes at the world’s largest organisations.

On the Appian platform, customers build AI-powered processes that accelerate work, reduce cost, and manage risk. Our platform is known for its unique power, reliability, and scale. We’ve been automating processes for more than 25 years and understand enterprise operations like no one else. For more information, visit appian.com. [Nasdaq: APPN]

Follow Appian: LinkedIn, YouTube, Instagram, Facebook, and X.

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SOURCE Appian

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