Credit: Shutterstock photoLendingClub ( LC ) and OnDeck's ( ONDK ) stellar December IPOs will likely set the stage for other consumer and small business lending platforms to go public in 2015. Student loan-focused peer-to-peer lender SoFi and OnDeck competitor CAN Capital are both weighing an IPO. Private investors have also poured capital into other fintech startups like mobile payment providers (e.g. Square) and consumer finance websites (e.g. Credit Karma).
The article Billion-dollar online lending platforms could raise investor interest in 2015 IPOs originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital, the Renaissance IPO ETF (symbol: IPO) or the Global IPO Fund (symbol: IPOSX) , may have investments in securities of companies mentioned.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
