LendingClub Announces Common Stock Acquisition Program, Expands into Home Improvement Financing
LendingClub (NYSE: LC) has announced that the firm’s Board of Directors has approved a program to repurchase and acquire “up to 2 billion. The company went public at the end of 2014 at a valuation of around $9 billion. At the time, the event was deemed to be a watershed moment for the Fintech sector.LendingClub transitioned from a marketplace lending platform to ...