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
When I first started writing about this industry in 2010 I did it because I loved the concept and believed...
GreenSky is a company that has flown under the radar for years. The Atlanta-based company has built a wildly successful...
The FT is reporting that leading UK fintech bank Monzo is close to agreeing to a funding deal that will...
According to this piece published in the Financial Times this afternoon Lending Club has boosted the size of its planned IPO...
On the eve of the LendIt Conference Prosper has announced their largest investment round ever. They have closed on a...
Lending Club has a new S-1 registration out this morning as they begin their investor roadshow this week. It gives...
Two fintech legends, Steve McLaughlin of FT Partners and Ron Suber, sat down to discuss raising capital and M&A in...
Lend Academy digs in to the complex topic of valuation with this Q&A piece conducted with Houlihan Lokey. Source
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