The reality is that most fintech companies today in the US are private. We often learn of key milestones through...
During the first quarter, LendingClub is typically affected by the seasonality of the lending business so it’s beneficial to look...
This morning OnDeck released their Q1 2018 earnings. Last quarter we highlighted that the company had reached GAAP profitability which...
It is earnings season and today LendingClub announced their Q4 2017 earnings. Last week we covered OnDeck’s Q4 results as...
As projected, OnDeck reported GAAP profitability when they announced their Q4 2017 earnings earlier this morning. They have been on...
Banks make up nearly 50% of LendingClub’s platform as originations grow 18% year over year; originations were $2.3 billion for...
OnDeck has been working towards executing on their five strategic initiatives for 2018: grow responsibly, strengthened credit management, invest in high-growth...
LendingClub grew revenue and announced settlements in two class action lawsuits. Source
OnDeck has achieved GAAP profitability and announced some interesting new developments for 2018. Source
Yesterday LendingClub released their Q3 earnings; they originated $2.44 billion in loans, up 14% from the previous quarter; revenue was on the lower end of projections, but the company had a lower GAAP loss than expected; Lend Academy shares other highlights from the earnings call. Source