P2P

Key Takeaways: Qudian’s revenue plunged nearly 90% to just 21.9 million yuan in the first quarter, as it officially exited its original online lending business The company is likely to make one or more major acquisitions in the consumer space in the next year using its $1.4 billion in cash...

One of the biggest names in the world of cryptocurrency shared thoughts on the current state of the global economy and inflation this week. What Happened: Charles Hoskinson is best known as one of the co-founders of Ethereum (CRYPTO: ETH) and the founder of Cardano (CRYPTO: ADA). Hoskinson could...

In response to the global challenge of an aging population, most countries and financial-savvy people are looking for additional opportunities to create and grow their retirement savings.  Investing in cryptocurrencies and using crypto wallets as self-managed retirement accounts can be a value...

Peer-to-peer lending was supposed to be a major theme in how individuals borrow money, while also presenting a compelling investment case to investors. However, the recent woes at LendingClub Corp (NYSE: LC) may have ultimately killed the relatively new segment's future following the sudden...

Shares of On Deck Capital Inc (NYSE: ONDK) are collapsing Tuesday following a big Q1 earnings and Q2 guidance miss. On Deck reported Q1 EPS of -$0.18 on revenue of $62.6 million versus consensus expectations of -$0.07 EPS on $69.3 million in revenue. Looking ahead, the company guided for $67-70...

Shares of LendingClub Corp (NYSE: LC) have lost nearly 50 percent year-to-date. The company's CEO continues to maintain a view that its peer-to-peer lending structure hasn't been impacted by the Madden v. Midland case. Michael Tarkan of Compass Point Research maintained a Sell rating and $12 price...

Amazon (NASDAQ: AMZN) may be about to make brick-and-mortar retailers an offer it hopes they don’t refuse. The Wall Street Journal reported this week the online retailer may introduce a Kindle tablet-based checkout system as early as this summer. One possibility would involve Amazon giving...