More big news out of Lending Club this morning. I reported in May about Google’s investment in Lending Club that...
According to Bloomberg, the company is in advanced talks for the latest round; the valuation would be about double of Affirm’s last round in April 2016; Affirm works with over 1,000 retailers and also recently rolled out a mobile app which includes a virtual credit card; the point of sale loans have annual percentage rates between 10-30%. Source
The company may go public as soon as late autumn; sources state that the company will exceed a £1 billion valuation; investment banks are expected to be in place by spring; Funding Circle would be the first p2p lender in the UK to go public. Source
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https://lendit.wistia.com/medias/zmw4ew8yhx?embedType=async&videoFoam=true&videoWidth=640 London is the undisputed heavyweight champion of fintech, but it has found itself with a PR problem: Brexit. Will...
The blog post comes from Chris Burniske who shares the early days of cryptoasset valuation, theory behind cryptoasset valuations and valuing a bandwidth token: INET. Source
On the eve of LendIt last year Prosper announced their largest funding round ever – a $70 million round that...
According to this piece published in the Financial Times this afternoon Lending Club has boosted the size of its planned IPO...
Lending Club has a new S-1 registration out this morning as they begin their investor roadshow this week. It gives...
[Editor’s note: Many of us have questions on marketplace lending loan valuation so when we were approached to see if...
On the eve of the LendIt Conference Prosper has announced their largest investment round ever. They have closed on a...