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."
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."
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.
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%.