LC News
Archived Headlines
- US IPO Weekly Recap: The last IPO of 2015 12/18/15
- LendingClub of China: Yirendai sets terms for $75 million US IPO 12/10/15
- The LendingClub of China: Yirendai files for a $100 million US IPO 11/16/15
- Online mortgage provider loanDepot sets terms for $510 million IPO 11/03/15
- Billion-dollar online lending platforms could raise investor interest in 2015 IPOs 01/08/15
See more
Wounded in action: Acelity Holdings withdraws $1.0 billion IPO
Acelity Holdings, an LBO'd provider of advanced wound care systems and tissue implants, withdrew its plans for an initial public offering on Wednesday, citing market conditions. It originally filed in August 2015 with a proposed deal size of $1.0 billion. ...read more
Fintech under fire: LendingClub and On Deck fall on earnings
Valuations in "fintech" are starting to look closer to fin than tech, as investors raise concerns over credit quality and whether demand for peer-to-peer loans can keep pace with supply. The poor performance of LendingClub (LC) and On Deck Capital (ONDK), in...read more
Week ahead: Will 2016 see its first IPO?
With the postponement of Elevate Credit's offering this week, there still has not been an IPO in 2016. This coming week could see the IPO of AmeriQuest and Nordic Realty Trust, both of which are ...read more
Non-prime lender Elevate Credit sets terms for $76 million IPO
Elevate Credit, a provider of loans and lines of credits to non-prime consumers, announced terms for its IPO on Monday. The Fort Worth, TX-based company plans to raise $76 million by offering 3.6 million shares at a price range of $20 to $22. At the...read more