After the explosive growth this year, it would be hard to say that the industry could grow even faster next year but there is a good chance that it may happen for peer lending 2015. Not only have two successful IPOs brought media attention and new capital to the space, a shifting rate environment and strengthening economy may bring added benefits to investors and borrowers. I’ve talked with … [Read more...]
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Must Read Peer Lending News of the Week
The big news last week was the initial public offering of Lending Club stock on the New York Stock Exchange. The IPO went very well and the world’s largest marketplace lender is now a whole lot larger. Shares jumped 56% on the day and the company raised $865 million dollars from the offer. At an enterprise value of about 60 times expected 2014 sales around $165 million, its not cheap but the … [Read more...]
How Much is Lending Club Stock Worth?
Lending Club, the largest peer lending platform in America, will issue shares on the New York Stock Exchange soon and the pundits are sure to offer up all kinds of predictions on how much the shares will be worth. Use this infographic and your own analysis for how much you think the stock could fetch. I’ve included more detail on my own analysis below the infographic. Insert this … [Read more...]
