online lender

Affirm Shares Surge in Debut After $1.2B IPO
IPOs

Affirm Shares Surge in Debut After $1.2B IPO

The flotation of the online lender extends "a frenzied run of tech IPOs dating back to the second half of last year."
By Matthew Heller | January 13, 2021
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Non-Prime Online Lender Sets IPO Terms
IPOs

Non-Prime Online Lender Sets IPO Terms

Elevate Credit loans money "to the vast and underserved segment of 170 million non-prime consumers in the U.S. and U.K."
By Vincent Ryan | March 28, 2017
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Online Lender Avant Cuts 7% of Workforce
Credit

Online Lender Avant Cuts 7% of Workforce

The layoffs are another sign of upheaval in the online lending sector as investors have turned negative on funding firms.
By Katie Kuehner-Hebert | May 20, 2016
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Lending Club CEO Resigns Over Loan Sales
Risk & Compliance

Lending Club CEO Resigns Over Loan Sales

Investors react to the resignation of co-founder Renaud Laplanche by driving Lending Club shares down more than 27%.
By Katie Kuehner-Hebert | May 9, 2016
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OnDeck Capital Lets Institutional Investors Buy SMB Loans
Growth Companies

OnDeck Capital Lets Institutional Investors Buy SMB Loans

The online lending platform will now be open to assets managers and hedge funds that want exposure to "Main Street" borrowers.
By Katie Kuehner-Hebert | January 23, 2015
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