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The Financial Times reviews company and loan performance at various online lenders; shares that Shanda Group bought more shares of LendingClub after forecasts were adjusted last week; LendingClub also recently stopped making F & G grade loans available to investors; broadly, delinquency rates have increased across online lenders; valuations of other companies such as Earnest and Prosper have also been affected. Source
Dynamic Credit is an asset manager that started in New York but has strong European ties; they have launched their...
In a week where LendingClub posted their first quarter earnings sending their stock up by more than 25% an activist...
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2020 is off to a fast start when it comes to fintech financings and M&A deals as the past week...