My Interview With LendingClub's CFO: The Cycle Is Bottoming Out, and a Massive Growth Opportunity Lies Ahead
LendingClub(LC) The Motley Fool·2024-02-05 18:30
Of all the sectors out there, the fintech sector has been among the worst performing over the past few years. Rapidly rising interest rates have harmed just about every financial business, especially newer fintech companies perceived as unproven and unprofitable. Among fintechs, personal-loan provider LendingClub (LC 4.15%) doesn't seem to get much respect even relative to its competitors. In fact, LendingClub was the rare example of a fintech that maintained its profitability over the past few years, even ...