The SBA is making updates to its lending program opening the door for fintechs. But much more needs to be done.
LendingClub announced Q2 2022 results Wednesday, sending the stock price up after showing resistance in the face of turbulent markets.
LendIt Fintech held the 5th annual industry awards to celebrate the top fintech influencers and innovators.
On Thursday, online lender Enova International posted a $52 million profit on $320 million in revenue, up 57% from the same time last year. In addition, total originations increased 26% sequentially to a record $856 million. Despite the good news, the stock saw only a 4% rise before falling back toward its downward trend this month.
Many of you have emailed me to ask whether I am still doing these quarterly investment reports. The answer is...
LendingClub saw revenue and earnings at the high end of their guidance range but, due to ongoing uncertainty remain reserved with next steps.
After a successful first quarter, LendingClub posted earnings of $.39 a share on revenue of $289.5 million, beating analysts' expectations.
The beginning of February '22 will be remembered for one thing: Facebook — and the tech market it has come to represent — had a terrible quarter.
This week, we look at:
Lending Club, the peer-to-peer lending innovator, turning off peer-to-peer lending after having a bank in its pocket
Consolidation of the UK's largest crowdfunders, CrowdCube and Seedrs, and their limited economics
The scale of the Morgan Stanley and Eaton Vance deal, creating a $1.2 trillion asset manager
The struggle of peer-to-peer models more generally, and whether the blockchain movement can overcome the Prisoner's Dilemma
Back in October last year LendingClub executives ran an exercise where they had to game plan how the company would...