Fintech investment drops due to COVID-19

08:48am, Tuesday, 12'th May 2020
The global coronavirus pandemic has destabilised private capital markets and led to a drop in fintech funding, according to CB Insights In its latest State of Fintech Q1 ‘20 report, CB Insights exam
San Francisco has earned a bit of a bad rap the past couple of years. Questionable leadership has led long-time inhabitants to complain about the rising level of crime and the increasing squalor of th
Hedge funds don't get the respect they used to get. Nowadays investors prefer passive funds over actively managed funds. One thing they don't realize is that 100% of the passive funds didn't see the c
Thanks to the devastating effect the pandemic is having on personal finances, it may now be open season for fintechs.
As tensions escalate between China and the US, some investors are looking for alternative investments to offset bearish trends. Markets have yet to recover from the fallout of...
Lower investor demand resulted in a tough first quarter for LendingClub (NYSE: LC), which reported a roughly $48 million net loss in the quarter. Loan originations decreased 8% on an annualized basis
As Q1 earnings figures roll in, the reports illustrate mathematically what the before and after of the global pandemic has looked like.

LendingClub: Nothing But Red Flags

01:15pm, Thursday, 07'th May 2020
Shares of LendingClub tumbled after the company reported Q1 earnings results, missing widely on both revenue and EPS. Originations volumes swung negative, and t
Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Ashland Global Holdings, Lyft and Solaredge Technologies, on Thursday. HIG
LC posted a disappointing Q1 with low loan origination volume. The company saw the value of its loans sink and its financial assets dwindle. Still, LC gave away

LendingClub (LC) Q1 2020 Earnings Call Transcript

03:02pm, Wednesday, 06'th May 2020
LC earnings call for the period ending March 31, 2020.
Q1 2020 LendingClub Corp Earnings Call

US Indexes Close Higher Tuesday

09:54pm, Tuesday, 05'th May 2020
Nasdaq up 1.13% Continue reading...
LendingClub (NYSE: LC) is out with its first-quarter earnings report and the numbers are indicative of the problematic economy that has been crushed by the Coro
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