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June 20, 2016 07:00 pm GMT
What a difference a year makes. In 2015, Lending Club was a marketplace-lending leader with a $7 billion market cap, and the media was heralding the approaching tech-enabled lending revolution. Now, with Lending Club and OnDeck Capital’s shares getting pummeled by public market investors, news outlets are asking if this is the end for fintech lenders. Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/u7CTz4tEX4E/
Alternative lenders arent going away, theyre just misunderstood
What a difference a year makes. In 2015, Lending Club was a marketplace-lending leader with a $7 billion market cap, and the media was heralding the approaching tech-enabled lending revolution. Now, with Lending Club and OnDeck Capital’s shares getting pummeled by public market investors, news outlets are asking if this is the end for fintech lenders. Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/u7CTz4tEX4E/
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