Tony Zerucha·Alt-Finance·May 22, 2016·1 min readThe Daily Dig for Sunday, May 22 ShareTweetShareSubmit Citigroup denied support to Lending Club In the days following Renaud Laplanche’s resignation, Citigroup was asked to support Lending Club but said no. Mike Kentz and Joy Wiltermuth explain why. Lending Club hires Jefferies for loan help Lending Club has asked investment bank Jefferies to help it find investors for loan funding. Learn more here. Avant’s struggles add to industry woes The marketplace lender laid off seven percent of its staff and cancelled expansion plans and other initiatives. Aaron Pressman reports. Fintech’s tenuous political ties tested by Lending Club debacle As marketplace lenders establish a presence in Washington, their credibility is being tested by Lending Club’s recent troubles, Elizabeth Dexheimer reports.See alsoMay 2, 2015The Daily Dig for Saturday, May 2 Indian P2P attracts funding i2ifundinghas secured funding from some veteran angels. Learn more here. Payroll cards comes with issues Payroll cards are gaining popularity but hidden fees and other problems make them a risk too. Aimee Picchi reports.